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Supply Chains in Crisis: Page 85
Salvage Operations Underway Following Deadly Cargo Ship Fire Near Ameland
A spokesperson for the Dutch Coastguard said the fire was likely caused by one of the 25 electric vehicles being transported by the vessel.
Wheat Rally Fades as Russia Fails to Disrupt Key Danube Port
The Ukrainian Port of Reni on the Danube was operating at maximum capacity July 25, despite an attack by Russian drones July 24.
UPS Agrees Contract with Teamsters, Avoids Strike of 340,000 Workers
UPS said that the five-year agreement covers U.S. Teamsters-represented employees in small package roles and is subject to ratification by union members.
Shipping Routes for Ukrainian Grain Exports Dwindle Under Russian Attacks
Even before Russia terminated the Black Sea agreement, Ukraine had increasingly relied on alternative routes for its exports.
Wheat Prices Continue to Rise Following Russia's Threats on Ukraine-Bound Ships
Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%.
Egypt Plans to Resume LNG Exports this Fall, Minister Says
The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.
Five European Countries Agree to Extend Ukrainian Grain Ban
Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.
Strikes Resume at Canadian Ports After ILWU Rejects Tentative Deal
ILWU Canada said that it did not believe the recommendations proposed by mediators would sufficiently protect port workers’ jobs now or in the future.
Russia Backs Out of Wartime Grain Deal with Ukraine
A spokesperson said Russia would be suspending the Black Sea Grain Initiative until the country’s demands to export its goods to the rest of the world are met.
America’s Most Crucial Waterway Is Drying Out
When water levels fall, it threatens to choke shipping on the waterways and raise transportation costs.
Shippers, Union Reach Deal to End Strike That Snarled Canadian Ports
The strike at ports that handle about a quarter of Canada’s total traded goods reduced arrivals of container ships and diverted vessels to U.S. facilities.
Supply Chain and Labor Disruptions Increased Through the First Half of 2023
Labor disruptions during the first half of 2023 — which included strikes, layoffs and labor protests — grew by 136% year-on-year.
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