Proxima

This earthquake is the latest in an ostensible series of events impacting the global supply chain, right on the heels last week’s tragic bridge collapse in Baltimore, which was preceded by the ongoing Red Sea and Panama Canal issues.

While managing significant volume swings driven by the pandemic and ongoing geopolitical issues, U.S. seaports continue to press forward with efforts to improve infrastructure and build in efficiencies an unwavering attitude that bodes well for the future.

Due to the ongoing violence in the Red Sea region and continued attacks on global shipping, global ocean container line service provider A.P. Moller-Maersk said this week it would pause all vessels bound for the Red Sea/Gulf of Aden, due to the recent incident pertaining to the Maersk Hangzhou and related issued in that region.

Even though the current contract has expired, the ILWU and PMA said on July 1 that negotiations on a new deal will continue to move forward.

Given the fluidity, uncertainty, and unrest Russia’s invasion of the Ukraine situation has created, the subsequent logistics and supply chain-related impacts continue to evolve.

Logistics Management Group News Editor Jeff Berman recently spoke with Spencer Shute, Principal Consultant at Proxima, a Chicago-based strategic team of procurement specialists with more than 25 years of consultation and supply chain experience. Shute discussed the impact of the Omicron variant on logistics and supply chain operations and processes.