Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region following Russia’s invasion of the country, according to the United Nations agency responsible for shipping safety.
Nine European Union member nations warned the bloc against overstepping its authority when it offers later this year a new plan to protect the bloc’s supply chain during crises, according to a letter.
A gauge of supply chain pressure in the U.S. economy fell to the lowest level since December 2020, as activity such as trucking cools from elevated levels with few signs yet of a worrying collapse.
After some promising signs of supply chain stabilization toward the beginning of the year, suppliers and distributors across the globe are suddenly finding increased exposure to the risk of insolvency.
President Joe Biden’s attempt to defuse a complicated trade dispute that’s paralyzed the U.S. solar industry is drawing swift criticism from some of the very companies the White House had been seeking to appease.
Optimism is growing that port delays and a trucking shortage in Shanghai are quickly abating, providing some relief to supply chains, though major hurdles remain.
From nature to military operations, the ability to offset weaknesses against predators is a key survival strategy. Today’s supply chain leaders should take note.