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Supply Chains in Crisis: Page 76

The Price of Diesel in Europe Is Being Boosted by Red Sea Shipping Chaos
Since the start of 2024, the wholesale cost of fuel delivered to northwest Europe has jumped by 12% to just over $116 a barrel.
Suez Canal, Egypt. Photo: Bloomberg
YE Digital, Fujitsu Offering Distribution Center Services in Japan
Under the deal, Fujitsu will provide Japanese businesses with its warehouse management system (WMS) services while YE Digital will offer its MMLogiStation warehouse automation tool to Japanese logistics companies.
Photo: iStock.com/Hakase_
Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast
Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.
Photo: iStock / IgorSPb
French Farmers Block Highways Around Paris as Protests Sharpen
Farmers have been choking roadways across the country to protest higher production costs, stringent regulations imposed from Brussels and what they call unfair competition from abroad.
Photo: Bloomberg
South African Supply-Chain Disruptions Far From Over, PwC says
South African companies need to reduce their reliance on supply chains affected by conflict and prioritize domestic sourcing, production and distribution, PWC said.
Photo: Bloomberg
Boeing Faces More Pressure as United CEO Vents Frustrations
While the White House is monitoring the discussions, there’s no indication yet of what steps the Biden administration would take in response to complaints about Boeing.
Scott Kirby. Photographer: Valerie Plesch/Bloomberg
Continued Red Sea Attacks Could Cause Inflation, Shipping Rates to Rise
Mohamed El-Erian, the former CEO of the investment management firm PIMCO, warned that shipment disruptions caused by Houthi attacks could cause shipping costs to increase while hindering global economic growth.
Photo: iStock / IgorSPb
Chevron Still Plans to Ship Cargo Along Red Sea Route, CEO Says
The California-based oil giant is working with naval authorities in the U.S. and Middle East to move its cargoes through the region, said CEO Mike Wirth.
Davos, Switzerland. January 16, 2024. Photo: Bloomberg
Michelin to Pause Spanish Production Due to Red Sea Crisis
Michelin suspended shifts at Spanish plants during the weekend of January 13 due to raw material delivery delays that arrive by sea from Asia.
Clermont Ferrand, France. Photo: iStock.com/Eric Bascol
World’s Biggest Uranium Miner Warns of Production Shortfall
Kazatomprom said January 12 that shortages of sulfuric acid and construction delays at newly developed deposits are creating production challenges that could persist into 2025.
Photo: Daniel Acker/Bloomberg
U.S.-Owned Cargo Ship Near Yemen Hit by Missile
The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.
Image: iStock.com/PeterHermesFurian
Tesla Pausing German Factory Operations Citing Red Sea Disruptions
Tesla is one of the first companies in the world to disclose that Houthi militant attacks in the Red Sea caused the organization to suffer output disruptions.
Upland, California. Photo: iStock.com/baileystock
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