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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

Asia 62
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This Week in Logistics News (July 6 – 12)

Logistics Viewpoints

It’s having an impact mainly in Europe and Asia. But now ships between Europe and Asia are instead going around the Cape of Good Hope on the southern tip of Africa, which can add anywhere from 10 days to a month of travel time compared to the Red Sea/Suez Canal route. shipping containers and stacking them up to six high.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ). Enter, a global container shortage.

Global 411
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The Best Explanation for the Supply Chain Crisis Yet

Logistics Viewpoints

However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits. They also show how critical the sourcing and movement of goods are to businesses and economies as a whole.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Nikkei Asia ). Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Consultancy UK).

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The Green Corridor: Digitise Wisely to Reduce Emissions

The Logistics & Supply Chain Management Society

It allows for better tracking of cargo and people in airports, enhanced security, and enhanced safety – just to name a few. These applications translate ultimately to less down time, less distance travelled, less misrouted cargo, less idle time at the airport, and less flight time circling over the airports, waiting in line to land.

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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

Elaine Low, managing director for Southeast Asia and Pacific, CEVA Logistics said, ‘‘ At CEVA Logistics, we believe our global presence gives us a great responsibility in the communities in which our employees live and work. Making Asia a Leader – One Green Initiative at a Time. Photo Credit: United Airlines.