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Think Tank
Supply Chains in Crisis: Page 80
Three in Four Transportation Workers Would Support a Strike of UPS
Almost two-thirds of responders (65%) said they are worried about the potential impact a UPS strike would have on the economy.
Pilgrim’s Pride Signals Worst is Over for Chicken Suppliers
“More restrained” supplies, further easing of restrictions on U.S. exports, and potentially lower grain costs are all expected to contribute to an improved outlook.
Putin Promises Six African Countries Free Grain
Putin said Russia would be able to provide Burkina Faso, Zimbabwe, Mali, Somalia, the Central African Republic and Eritrea with 25,000 to 50,000 tons of free grain.
Pentagon Seeks Supply of Chip-Mineral Gallium After China Curbs Exports
China announced restrictions on gallium and another mineral, germanium, in a move seen as part of the country’s tit-for-tat trade war on technology with the U.S. and Europe.
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.
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