Why this matters to buyers
Buyers of goods reliant on ocean freight, particularly from regions affected by Middle East tensions, may experience cost increases passed on from suppliers.
Recommended buyer actions
- Review supply chain exposure to ocean freight routes potentially affected by Middle East tensions.
- Engage with suppliers to understand potential cost pass-throughs and explore alternative sourcing or logistics options.
Original source context
Tensions in the Middle East are driving higher energy, shipping and commodity costs, which are expected to materialize in Q2, CFO Monica Vicente said.
Read the original report · Supply Chain Dive