The New Global Supply Chain: The Domino Effect of Geopolitical Tensions between China and the United States
With geopolitical tensions between the United States and China drastically increasing in the past year, global supply chains have shifted. Companies around the world are forced to diversify their supply chains to mitigate disruptions, reduce risk, and increase supply continuity. Here’s how we got here, where things currently stand, and how companies can move forward.Read More
The past few months have been unusually dry across Panama and there is no sign of improvement over the next few weeks, let alone the rest of the spring season. In 2022, nearly 15,000 vessels with 520 million tons of cargo passed through the channel.
This year, there’s simply not enough water – leading to vessel restrictions and ultimately fewer goods able to travel through this area that normally moves about 6% of global maritime trade. Everstream Analytics’ Chief Meteorologist Jon Davis reveals how low rain levels at the Panama Canal are set to impact supply chains.Read More
In February 2022, Russian forces invaded Ukraine. While this is a terrible humanitarian event, it also impacts the global economy. There are economic repercussions not only in Europe, but also across the globe, especially since the timing of the war was not ideal.Read More