U.S.-proposed Russian oil cap enforcement draws European skepticism
Good morning! Happy August 7th. There are 146 days remaining until the end of the year. Ready to crush them?
The Biden Administration is on a mission to slow the growing price of Russian oil by unifying international interests. However, insurance providers for the maritime industry from the European Union and the U.K. are concerned over the efforts it will require to enforce the price cap.
Check out today’s featured article from Supply Chain Brain to read about the push to cap the price of Russian oil and the European skepticism of the American-proposed system. ☕️
Featured Article:
U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement - SupplyChainBrain
“The Biden administration’s push to form an international buyers’ cartel to cap the price of Russian oil is facing resistance amid private sector concerns that it cannot be reliably enforced, reports The New York Times.”
Warehousing 📦
Warehouse management system implementation demands a special attention to detail
Deploying a warehouse management system (WMS) doesn’t need to wait until the company has figured out the “perfect” warehousing situation. All it requires is a bit of extra attention to detail.
Successful implementations of a WMS must rely on an individual who understands the system up-front and who sees and recognizes its value. A designated plan should be paid out, explained, and followed without deviation - this way, other workers in the warehouse will not feel confused or distracted by unannounced changes.
Driver Issues 🚛
Federal Maritime Commission Chairman visits Port of NY, promises extra scrutiny for carriers
Federal Maritime Commission (FMC) Chairman Daniel B. Maffei paid the Port of New York a visit after growing congestion at the terminal forced port officials to announce a new “container imbalance fee” for ocean carriers. There, the chairman advised that he will do “everything in his power” to avoid carriers absorbing involuntarily subsidized storage for empty containers that aren’t their responsibility.
The Port Authority of New York and New Jersey’s congestion has inflated cargo volumes by almost 12% in 2022 compared to 2021, and even further… an increase of 34% compared to the same time in 2019.
Podcasting 🎙
Podcast | Quantum Computing for the Supply Chain: Is It Here Yet? - SupplyChainBrain
“Quantum computing has arrived. But is it mature enough to solve brutally complex supply chain problems?”
Industry Forecast 📊
Supply Chain Weekly Wrap-Up 07/29/2022-08/04/2022 | All Things Supply Chain
“The U.S. House of Representatives has passed legislation which has been called the ‘Chips and Science’ act after over a year of efforts.”
Sustainability ♻️
The State of Supply Chain Sustainability 2022 - SC Digest
“About a month following its State of Logistics report in late June, CSCMP was back for the second time this summer with the State of Supply Chain Sustainability 2022 report, in partnership with MIT's Center for Transportation & Logistics.”
Leadership 🏆
Watch: Turning Supply Chain Transparency Into Action | SupplyChainBrain
“Achieving supply chain visibility isn't a matter of spending years to acquire a fixed view of suppliers, says Jack Dobson, commercial account lead with Palantir.”
Business Strategy 💡
XPO turns in record second-quarter earnings - Logistics Management
“New records were hit for quarterly revenue—at $3.23 billion—up 1.2% annually (and up 11% when excluding the March sale of its intermodal business), with net income—at $141 million—up 19.9%.”
Trade & Border Issues 🗺
Ships Avoid Taiwan’s Ports During China Navy Drills - G Captain
“China’s military exercises are making ships think twice about heading into one of Taiwan’s most important ports, creating potential delays for shipments of electronic goods.”
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for July 31, 2025, from iLevel Logistics Inc.