Ukraine conflict could send global shipping costs surging
Shipping rates are already a sky-high in the wake of the pandemic — and a fresh rise could hit consumers in the pocket.
Shipping rates are already a sky-high in the wake of the pandemic — and a fresh rise could hit consumers in the pocket.
Russian ships banned from docking in Britain. Cargo containers piling up at European ports. Airfreight rerouted around Ukraine and Russia.
This past October, in Baltimore, high school students had to show proof that they were fully vaccinated against COVID-19 or submit to weekly testing, in order to play sports. While Baltimore has made that call, the story is different in other neighboring districts, like Cecil County and Allegany County, where public schools are not asking for vaccination status or doing surveillance testing of any kind. Like many states across the U.S. there are no longer unified COVID protocols. Decisions on vaccine and mask mandates, events, field trips, and even if parents are allowed in school buildings are left to the individual school districts to decide.
Supply chains continue to be the defining economic story in the U.S. Our most basic economic inputs — energy, semiconductors, and raw materials, e.g., lumber, metals, plastics — are still hitting snags. Meanwhile, as the previous issue of electroindustry covered, the country is poised to embark on a once-in-generation infrastructure buildout. Yes, it’s time to build. But for our supply chains, it’s time to rebuild and rethink.
BARCELONA, Spain (AP) – The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia. Those people rely on the vast, fertile farmlands of the Black Sea region – known as the “breadbasket of the world.”
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
The test for any breakthrough technology is often where you least expect it, but once it “conquers” that application, even more possibilities may emerge.
Inside Universities Love-Hate Relationship with ChatGPT
New findings from a team of renowned researchers calls for transparency and rigorous oversight of the U.S. Medicare Advantage (MA) program, the United States' largest healthcare capitation program.
Mpox is spreading across several African countries. The World Health Organization declared mpox a “public health emergency of international concern.” The Democratic Republic of Congo has been hardest hit, though Burundi has also seen a recent surge of cases. To date this year, 36,000 suspected cases have been reported, with more than one-half among children younger than 15 years old. In Burundi alone, two-thirds of the recent cases have been in those younger than 19.
The supply chain for many small parcel shipping companies is typically long. Products are often made in distant lands, travel on oceans and waterways, arrive at ports, are then transported to warehouses, from where a third-party logistics provider delivers the product to its intended destination. In a stable world, shippers and customers alike can expect a product to be delivered within the promised time window. However, in a world facing high levels of uncertainty caused by war, pandemic, political instability, raw material shortages, freak accidents (recall the regional and national impact of the bridge collapse in the Port of Baltimore caused by a container ship), and weather, the shipper must work overtime to ensure customer expectations are met at no additional cost, despite these uncertainties.
BALTIM0RE -- Experts say the longer the thousands of port workers strike, including at the Port of Baltimore, the more catastrophic the impacts could be.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.