Not only has the war in Ukraine had a devastating impact on the people of the country, but it has also sent profound shockwaves through global supply chains that were already reeling from years of disruption caused by pandemic-induced lockdowns. 

Famine is Stalking the Planet

Together, Russia and Ukraine account for 25% of the world’s wheat production, as well as 60% of global sunflower oil and 30% of global barley exports. As a result, food prices everywhere are soaring everywhere.

Energy Costs are Skyrocketing

Widespread bans on the import of Russian oil and gas are leading to rising energy prices that have a knock-on effect across supply chains and the global economy. 

Microchip Production Has Been Throttled

Tier 2 inputs, such as neon, have dried up. 70% of all neon is used in semiconductor chip manufacturing, and more than 50% of the world’s neon supply comes from Ukrainian factories, which have all shut down production.

Over 300,000 US Businesses are Scrambling

Deloitte reports more than 336,000 American businesses were heavily reliant on Russian suppliers and forced to quickly find alternative suppliers. 

Ocean Exports Have Been Devastated

By some accounts, there has been a 54% decrease in vessel volumes near Russian ports and a 40.2% drop in daily peak TEU vessel volumes.  

The war is having an impact all the way up and down the supply chain. Patience with providers, kindness and agility are key in maintaining good relationships and finding solutions to the crisis that few could have imagined or planned for at the beginning of the year. 

Sign up for OL USA's weekly Industry Snapshot

* indicates required

Port Strikes in Europe

International shipping has encountered many recent challenges to its normal operations. Ongoing conflicts have added complexity to transporting goods, and the COVID-19 pandemic wreaked havoc on supply chains and transport systems. Port strikes in Europe are the latest...

The 2022 Shipping Reform Act: What It Means for Ocean Carriers

On 16 June 2022, President Joe Biden and a number of prominent senators, led by Senator Maria Cantwell, Chair of the Committee on Commerce, Science and Transportation, gathered in Washington D.C to sign the first major revision of US maritime legislation in two...

The Business of Shipping Pet Food  

While the shortage of baby formula has been grabbing the headlines for months, the issues around importing pet food have been slightly overlooked, but they have also gotten more complicated due to the many forces that have been buffeting the global supply chain, such...

How to Protect Your Business Against Supply Chain Disruptions 

Everyone knows the saying, "a chain is only as strong as its weakest link."  The last two years have been a sledgehammer pounding the global supply chain with a series of blows coming from the pandemic, lockdowns, and now the devastating war in Ukraine.   The chain is...

Advancements in Supply Chain Visibility 

The increased globalization of manufacturing and recent events such as the Covid-19 pandemic have placed a greater emphasis on supply chain management. Now more than ever, being able to deliver goods anywhere and anytime is crucial to satisfy your customers and...

The State of Women in Logistics and Transportation 

Logistics has long been a male-dominated industry, with very few women at any point along the supply chain. The truth is though, women are an incredibly valuable asset in the logistics talent pool, and companies eager to obtain top talent should be tapping into this...

Neon Shortage Poses New Challenges for Consumers and Global Supply Chain in the Wake of the Ukraine-Russia War

There are many tragic effects of the ongoing conflict in Ukraine. With the loss of life and devastating consequences of war being center stage, the disruption of neon production is probably something you don’t think much about. But Ukraine and Russia are major players...

Problems at the Port – A Discussion on Dwell Time

It's been a rough few years for ocean shipping. Delays driven by the pandemic, a shortage of shipping containers, port congestion, staffing shortages, ever-changing regulations, and port strikes have increased dwell times to the point that everyone who works in an...

The Chip Stops Here: How the War in Ukraine Impacts the Semiconductor Market 

  A semiconductor shortage is a nightmare for manufacturers, assemblers, consumers, and just about everyone else today. In powering everything from automobile systems to electronics, we rely on semiconductors in many areas of our daily life. The ongoing conflict...

Supply Chain Disruptions in the Electric Vehicles Industry

Russia’s invasion of Ukraine is wreaking havoc on global supply chains, impacting everything from lithium production to semiconductor manufacturing. Not only will these effects increase inflationary pressure, but they will also hinder development in many areas. One of...
Cookie Consent with Real Cookie Banner