Noose tightens on Russian economy as import options dwindle
Russian imports via ocean, truck, rail and air are now being simultaneously squeezed. Shipping data shows growing pressure.
Russian imports via ocean, truck, rail and air are now being simultaneously squeezed. Shipping data shows growing pressure.
The United States has imported a relatively small share of crude oil from Russia, but U.S. imports of petroleum products from Russia — namely, unfinished oils and fuel oil.
As fuel prices rise, the ability of last-mile delivery firms to either absorb those costs or pass them along to customers could be key to their survival.
Delivery of fuel, ammunition vital during times of conflict
Officials blame Russian attackers, vow to rebuild monster-sized AN-225
North American rail equipment manufacturers have customers and offices in the region, and they’re assessing what steps to take next as the situation unfolds.
Companies clap back against Russia, convoys could disrupt SOTU, Suez Canal raises tolls again and more in the WTT newsletter
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
On the show we look at the impacts of the Ukraine conflict from the perspectives of a broker, a data provider, and the procurement side
An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.
The world’s 10 longest railway networks
In 2020, five countries accounted for about 50% of the world’s total crude oil production
2006: Istanbul-based freight forwarder Advance International has made use of international agency plans to re-establish reliable landbridge routes between the two continents.
The commanding officer of the U.S. Coast Guard icebreaker Polar Star talks about the commercial challenges and opportunities in the Arctic.
The Office of Foreign Assets Control added Russian oil company overseas affiliate TNK Trading International in Switzerland to the Specially Designated Nationals and Blocked Persons List.
Steel giant working to restore normal operations “as quickly as possible” as trucking companies report disruptions in freight from Canadian facility.
The Bureau of International Security and Nonproliferation ordered the revocation of export licenses linked to violators of the Iran, North Korea and Syria Nonproliferation Act.
The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.
With smartphones and other mobile devices vital to how companies conduct business, corporate compliance officers strive to prevent unlawful exports of controlled data.
The Commerce Department’s Bureau of Industry and Security will expand export licensing requirements for technologies intended for military applications.