All articles tagged with #shipping challenges
Wegmans has announced that the availability of the COVID-19 vaccine is inconsistent due to shipping challenges and high demand. The company's pharmacy teams are working on a walk-in basis as supplies last, and they are expecting a more consistent supply in the coming weeks as they work with their suppliers.
Russia's lack of ships and Western grain traders' reluctance to do business with Moscow are driving up the costs of moving Russian wheat. The war in Ukraine has escalated, with sea-drone attacks on Russian vessels, posing risks to transport in the Black Sea. These challenges, along with the financial and security risks associated with trading with Russia, are pushing Moscow towards older and smaller vessels operated by less established shipping companies. The situation raises doubts about Russia's ability to maintain its record pace of wheat exports and could potentially lead to higher global wheat prices.
Russia's lack of ships and reduced appetite from Western grain traders are increasing the costs of moving Russian wheat, as the war in Ukraine threatens vital Black Sea supply routes. President Vladimir Putin's decision to end an arrangement that allowed Ukrainian grain safe passage in the Black Sea has led to a de-facto blockade on Ukraine and attacks on storage facilities. In response, Ukraine has targeted Russian vessels, adding to the risks of transport in the region. The situation is raising doubts about Russia's ability to maintain its record pace of wheat exports and could potentially drive up global wheat prices.