By: Bloomberg The dislocation of global fuel markets after Russia’s invasion of Ukraine has boosted the cost of shipping products such as diesel by sea. Rates to haul fuels such as gasoline and diesel, known in the industry as clean tanker freight, have more than doubled this year to the highest since April 2020, according […]
By: Mike Wilson, SCB Contributor Supply chain problems today seem endless, from chip shortages to port congestion to ships running aground. In response, carriers and shippers are accelerating the pace of digital transformation and connecting every aspect of the supply chain. And that, in turn, is creating new security challenges that hackers are readily taking […]
By: Bloomberg A gauge of supply chain pressure in the U.S. economy fell to the lowest level since December 2020, as activity such as trucking cools from elevated levels with few signs yet of a worrying collapse. The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 […]
