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Supply Chains in Crisis: Page 3

Oil Shipping Costs Reach Dizzying New Highs on Hormuz Snarls
It now costs $77 million to hire a very large crude carrier to move U.S. oil to Asia, according to data from the Baltic Exchange.
A VLCC at sea. Photo: iStock/Teamjackson
Ships Take Long Way Around as Drought Snarls Panama Canal
While sailing through the Strait of Magellan adds distance and fuel costs, its toll-free passage offers shipowners another option when constraints elsewhere drive up delays and transit costs.
Photo: iStock/DurkTalsma
Maersk Warns of Potential Super El Niño Impacts in East Africa
Maersk highlighted how flooding and damage to road infrastructure could impact access to ports, terminals, depots and inland delivery routes across East Africa between October and December.
Photo: iStock/wilpunt
Canada Trade Surplus Grows by Over 430% in August
According to government data released on October 6, Canada's trade surplus grew from $787 in July to four-year high of $4.2 billion in August.
Photo: iStock / Iskandar Zulkarnaen
Trump Temporarily Allows Truckers to Use Dyed Diesel
Whether promised savings for truckers will actually be realized remains an open question.
Photo: iStock/vitpho
Renewed Hormuz Attacks Put Gulf Oil Rebound at Risk
Seven of the vessels were attacked near the narrowest part of the Strait of Hormuz, while it remains unclear where the eighth attack took place.
Image: iStock/Alones Creative
Gulf Oil Exports Rebound to Pre-War Levels
According to Kpler, roughly 40% of oil from Gulf states now leaves without crossing through the Strait of Hormuz.
Photo: iStock / onurdongel
Report: ‘Super’ El Niño Poised to Upend Latin American Key Supply Chains
Venezuela, Bolivia and Argentina are the three nations in South America most vulnerable to the negative effects.
Buenos Aires, Argentina, during summer of the 2024 El Niño. Photo: iStock/Christian Peters
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Diesel Prices Rise to Record Highs in the U.K.
The average price of a liter of diesel in the U.K. has reached 199.33 pence, beating the previous record of 199.09 pence from June of 2022.
Image: iStock/imagedepotpro
Cattle Groups Warn of Impacts to Beef Supply Chain From ICE Raids
The group reported that in just the past few days, ICE operations have led to shipping delays for thousands of cattle.
Photo: iStock/hxdbzxy
Panama Canal to Roll Back Transit and Draft Restrictions
Rainfall at the canal has reportedly returned to close to average levels, with Gatun Lake rising from 84.04 feet on September 1, to 84.74 feet on September 27.
Photo: iStock/Ceri Breeze
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