Rivers worldwide are drying up and risking the global food supply
🌊 Rivers worldwide are drying up and risking the global food supply.
From the Mississippi River to China’s largest hydro-power plant on the Yangtze River, droughts are affecting how the supply chain is moving along. Heatwaves from Germany to California have shrunk reservoirs and forced utilities relying on hydropower to reconsider its reliability as a green energy resource. Unfortunately, hydropower is recognized as one of the few renewable energies that are globally available.
China has surpassed Japan as the largest auto exporter during the first half of the year, exporting 2.34 million vehicles compared to Japan's 2.02 million, marking the first time this has occurred at the half-year mark.
LNG stands for liquefied natural gas, a form of natural gas that has been cooled to a liquid state, making it easier to store and transport.
A total of 352 products from China were issued tariff exclusions that were scheduled to conclude within the following two weeks at the close of 2022.
The Ports of Los Angeles and Long Beach were once king of the West Coast and absorbed the vast majority of goods being shipped to the U.S. from overseas.
The company’s primary assembly facility in Zhengzhou, China is operating at a “significantly reduced capacity” due to the country’s strict restrictions regarding the Covid-19 virus.
The Ukrainian Grain Corridor, originally made possible with the assistance of the neighboring country Turkey and the United Nations is no more.
Though the country is still raking in the cash, there is a decline in global exports coming out of China.
Ukraine has accused Russia of blocking seven vessels carrying grain from sailing to Asia and Europe, despite the Black Sea grain deal implemented by the United Nations.
Port congestion, shipping costs, and equipment shortages have held back the U.S. resin industry from broadening overseas.
The largest exporter of pineapple across the globe is Costa Rica, but it doesn’t come easy.
Manufacturers in the United States are likely to suffer from the value of the dollar going up as US-made goods become more and more expensive for buyers internationally.
The Mississippi River is shrinking and the largest barge operator in the U.S., Ingram Barge Company, is wanting the historically low water levels will hinder deliveries.
Canada’s grain harvest was astronomical this fall - the 3rd largest crop on record - but the country is struggling to get enough rail cars to transport it all.
Ford Motors is among the companies waiting on products to be exported through the ports currently dealing with worker strikes.
Want more soy? Brazil is here to get you what you need.
Russia, Ukraine, Turkey, and the United Nations are gathering this week to sign a deal meant to guarantee the safe passage of grain from Ukraine across the Black Sea.
The shrinkage comes in light of a pickup in exports and has elevated the second-quarter gross domestic product.
While the port of Shanghai was technically in operation during the three-month shutdown due to Covid-19 restrictions, the operations were slowed significantly.
U.S. Commerce Secretary Gina Raimondo stated in an interview that more controls on tech exports to China will be implemented as needed, despite concerns from businesses.