Russia’s attack on Ukraine forced ocean carriers to shutter some local operations and adjust shipping routes Thursday as logistics executives braced for the expected impacts to supply chains in an already challenged operating environment.
“What we’re hearing from customers is that this will be yet another disruption to add on top of the existing chaos,” Brian Glick, CEO of supply chain integration platform Chain.io Inc., told Sourcing Journal. “We’re expecting further knock-on effects on top of the existing congestion and volatile rate environment that has plagued the industry for the last year. Even if you’re not directly sourcing from the impacted areas, this will have ripple effects across the supply chain.”
