Global Scans · Logistics · Weekly Summary

• [New] Geopolitical factors have posed risks to the logistics sector, leading to disruptions in distribution, transportation, and capacity. New SCMR
• [New] The new free trade agreement between Ukraine and Canada is expected to expand the involvement of domestic businesses in international supply chains. Ukrainska Pravda
• [New] Australia, the United Kingdom, and the United States are making significant investments in their respective submarine industrial bases, which will ensure the supply chains of all three nations are more resilient, integrated and productive. GOV.UK
• [New] Inflation may be stickier, and interest rates higher, than markets expect, citing the costs of building a greener economy, restructuring global supply chains, boosting military expenditure and battling rising healthcare costs. The Guardian
• [New] 2024 is poised to be a watershed year for climate change in a country which now risks suffering the economic chaos of a 3% climate-driven GDP loss as heatwaves bite into its powerful supply chains. Salon
• [New] The Role of Data Analytics in Supply Chain Resilience: In an era of global disruptions, supply chain resilience has become a top priority for organizations. Analytics Insight
• [New] With global disruptions, procurement's focus is expanding across emerging markets in countries such as China, India, Brazil, Mexico, Indonesia, and beyond. Logistics Management
• [New] Australia's pivotal role as a supplier of rare earth minerals, crucial for modern technologies, has come under threat from cyberattacks aimed at disrupting supply chains. Insurance Business
• [New] The United States and the European Union reaffirm that secure and sustainable transatlantic supply chains are key for a solid and steadfast transition towards a net zero economy and will help reduce excessive dependencies in strategic economic activities. The White House
• [New] Climate change poses a similar threat to supply chains around the world, bringing economic losses that will increase exponentially relative to the rise in global temperatures. Carbon Brief
• [New] A new study by a group of Chinese scientists, published in Nature, finds that China could significantly constrain future economic growth, due to the impact of climate change on global supply chains. Carbon Brief
• [New] Some potential challenges facing the Asian economy include the deteriorating property sector of China, the financial volatility of some highly indebted economies, a long and inefficient supply chain, and the threat of higher shipping costs. Yahoo Finance
• [New] In the big picture, it will help facilitate the greening of Asia supply chains, which is especially key amidst the rise in sustainable procurement, greatly fuelled by increasing regulations and push from the European Union. ESGpedia
• [New] In food and beverage manufacturing industries, the unanticipated disruption has encumbered its lock on the global food supply chain and service sector as major cities shut down for several months in China and India. PubMed Central (PMC)
• [New] There's a huge push for supply chains that can withstand anything, from climate change to global disruptions. Cyprus Mail
• The scenario, developed in cooperation with the European Systemic Risk Board, envisages a widespread resurgence of supply chain disruptions, leading to lower growth and higher inflation. European Insurance and Occupational Pensions Authority
• Brexit has impacted the British food industry by causing disruptions to supply chains, increasing production costs, and creating uncertainty around trade agreements and regulations. TVRN
• Upgrading South Harbour for floating offshore wind will ensure the unrivalled energy supply chain in Aberdeen and wider North East of Scotland can maximise the opportunities presented by ScotWind and INTOG. Workboat365.com
• Airlines and marine shippers have asked Ottawa to beef up funding for sustainable transport, money they hope will flow toward green supply chains and upgrades to existing infrastructure. Tri-City News
• Countries bordering the North Sea region are working to develop a hub-and-spoke model of offshore wind energy distribution to improve efficiency and better account for variable wind volume, a collaborative process which could provide an important template for other areas around the world. Global Energy Monitor
• Saab will build a new advanced manufacturing facility and center of innovation for weapon systems to enhance U.S. munitions production capacity and strengthen the global supply chain. Start
• Supply chain disruptions have resulted from the Russian war of aggression in Ukraine and attacks by Houthi rebels of vital shipping lines in the Red Sea. U.S. Department of Commerce
• Given the recent safety inspection failures and supply chain disruptions experienced by Boeing and its airline customers, there has never been a better time to utilize AI to improve safety performance. MarketScreener

Last updated: 13 April 2024