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‘It’s All Happening Again.’ The Supply Chain Is Under Strain.

🌈 Abstract

The article discusses the ongoing strain on the global supply chain, with rising shipping prices and disruptions caused by Houthi rebel attacks on vessels headed for the Suez Canal. It highlights the challenges faced by Stephanie Loomis, the head of ocean freight for the Americas at Rhenus Logistics, as she navigates the turbulent shipping landscape.

🙋 Q&A

[01] "It's All Happening Again." The Supply Chain Is Under Strain.

1. What are the key issues affecting the global supply chain according to the article?

  • The global shipping prices are soaring due to a series of disturbances roiling the seas, including intensified strikes by Houthi rebels on vessels headed for the Suez Canal.
  • This is leading to concerns about product shortages and delays, even as the chaos from the COVID-19 pandemic had seemed to be subsiding.
  • Stephanie Loomis, the head of ocean freight for the Americas at Rhenus Logistics, is spending her days negotiating with international shipping carriers on behalf of clients moving products and parts around the globe.

[02] Peter Goodman's reporting on the global supply chain

1. What is the background of the reporter, Peter Goodman, mentioned in the article?

  • Peter Goodman has reported extensively on the global supply chain since the early months of the COVID-19 pandemic.
  • He writes about the intersection of economics and geopolitics, with particular emphasis on the consequences for people and their lives and livelihoods.
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