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The World’s Shippers Are Earning the Most Money Since 2008

Supply Chain Brain

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

Price 118
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What Government Contractors Should Know About the 2022 Recession

Procurement Tactics

Experts also predict that the country’s next recession will be unlike the previous economic downturn in 2008 that resulted from the crash of the subprime mortgage market. . One question at the forefront of many Americans’ minds is, “Will this be another 2008 recession?”. Comparing the 2022 Recession with Previous Economic Downturns.

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Nestlé, Kraft defeat egg producers in price-fixing case

Supply Chain Dive

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

Price 111
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China Spent $240bn on Belt and Road Bailouts From 2008 To 2021, Study Finds

Supply Chain Brain

The share of Beijing’s overseas lending directed to borrowers in financial distress increased from 5% in 2010 to 60% in 2022, according to the study.

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Nickel Is 2023’s Biggest Metals Loser, Copper Manages Small Gain

Supply Chain Brain

The metal used in stainless steel and electric vehicle batteries posted an annual drop of 45% on the London Metal Exchange, the biggest decline since 2008.

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Procurement's evolution in MENA: Insights from a CIPS leader

Spotlight on Procurement

Sam Achampong FCIPS, Regional Managing Director of CIPS Middle East & North Africa (MENA), discusses how the procurement profession has transformed since he moved to Dubai in 2008 and the challenges and opportunities the region offers.

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Granholm’s Call to Build U.S. Fuel Stockpiles Is a Losing Proposition

Supply Chain Brain

Diesel futures in New York are trading in the widest backwardation for this time of year in data going back to 2008, meaning the product in storage is losing value each day.

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