The Russia Ukraine War Could Have Dire Impacts On Global Supply Chains

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Category: Mercados - Fletes- Cotizaciones
Published on Thursday, 24 February 2022 21:53
Written by Administrator2
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Feb 24, 2022,11:08am EST|5446 views
 
 

KYIV, UKRAINE -

JANUARY 22: Civilian participants in a Kyiv Territorial Defence unit train on a ... [+]

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After months of troop buildups, attempted blackmail by Russian President Vladimir Putin to get policy concessions, failed diplomacy, and Russian lies about their peaceful intentions, Russia’s invasion of Ukraine began early Thursday morning. Russia has massed some 150,000 troops along Ukraine's borders, according to US estimates based on satellite imagery. Ukraine does not have the military might to stop the invasion.

 

Their are diverse ways this conflict could impact global supply chains.

Rising Transportation Costs

On Monday, Putin recognized the independence of two separatist regions in eastern Ukraine. Germany responded by halting certification of the Nord Stream 2 gas pipeline. Nord Stream

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2021: a year of Covid variants and milking the freight rate cash cow

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Category: Mercados - Fletes- Cotizaciones
Published on Thursday, 23 December 2021 17:43
Written by Administrator2
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THE LOADSTAR

 
Freightos Baltic IndexDec 23
FBX - Global Index:$9,513 / 40'0%FBX01 - CEA to NAW:$14,862 / 40'0%FBX02 - NAW to CEA:$889 / 40'0%FBX03 - CEA to NAE:$16,828 / 40'2%FBX04 - NAE to CEA:$846 / 40'0%FBX11 - CEA to EUR:$14,496 / 40'0%FBX12 - EUR to CEA:$1,128 / 40'7%FBX13 - CEA to MED:$13,548 / 40'1%FBX14 - MED to CEA:$1,506 / 40'2%FBX21 - NAE to EUR:$419 / 40'11%FBX22 - EUR to NAE:$7,249 / 40'0%FBX24 - EUR to SAE:$3,506 / 40'3%FBX26 - EUR to SAW:$7,810 / 40'6%Source: Freightos Baltic Index
 
The Ever Given © Björn Wylezich
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 23/12/2021

Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did manage some valuable face-to-face networking. So here’s hoping we can finally kick this nasty virus into touch

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These 3 charts show how international trade works - and the current state it’s in

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Category: Mercados - Fletes- Cotizaciones
Published on Friday, 29 October 2021 10:29
Written by Administrator2
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How have trade patterns changed recently?
Image: UNSPLASH/Maksym Kaharlytskyi
04 Oct 2021
  1. Mark McCordWriter, Formative Content
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  • International trade is the lifeblood of the world economy, but is subject to constant change from economic, political and environmental forces.
  • Emerging economies have seen their share of total global trade rocket in recent years.
  • China, for instance, is now responsible for 15% of all world exports.
  • Unfinished goods, components and services account for 70% of all trade.
  • While trade in services accounts for two-thirds of global GDP, COVID-19 has had

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Drewry’s composite World Container index

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Category: Mercados - Fletes- Cotizaciones
Published on Tuesday, 09 November 2021 05:11
Written by Administrator2
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World Container Index - 04 Nov

Drewry’s composite World Container index decreased 4.9% to $9,195.41 per 40ft container this week.

World Container Index

Our detailed assessment for Thursday, 4 November 2021

  • The composite index decreased 4.9% this week, but remains 252% higher than a year ago.

  • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,293 per 40ft container, which is $4,701 higher than the five-year average of $2,592 per 40ft container.

  • Drewry’s World Container index composite index decreased 5% and reached $9,195.41 per 40ft container, but is 252% higher than the same week in 2020. Freight rates on Transpacific Eastbound lanes, Shanghai – Los Angeles dropped 10% or $1,119 to reach $9,857 and Shanghai – New York fell 7% or

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Biden hopes fines on lingering cargo containers ease congestion at major U.S. ports

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Category: Mercados - Fletes- Cotizaciones
Published on Friday, 29 October 2021 10:19
Written by Administrator2
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TRANSPORTATION

 

PUBLISHED TUE, OCT 26 20215:09 PM EDTUPDATED WED, OCT 27 202112:11 PM EDT
Amanda Macias@AMANDA_M_MACIAS
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KEY POINTS
  • The Biden administration is hopeful new fines imposed on carriers at the nation’s busiest port complex will ease the intensifying logjam of cargo ships.
  • The twin ports of Los Angeles and Long Beach will charge carriers $100 per day for each container lingering past a given timeline starting Nov. 1.
  • The nation’s knotted supply chain is bearing the brunt of surging consumer demand, high transportation expenses, crippling labor shortages, overseas manufacturing delays, trade policies and inflation.
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Ports of Long Beach and Los Angeles to fine companies that leave containers on the docks
 

WASHINGTON – The Biden administration is hopeful

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