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Logistical Nightmare Unfolds As Rhine Plunges Toward Record Low
Logistical Nightmare Unfolds As Rhine Plunges Toward Record Low
The Rhine, one of Europe's most vital arteries for transporting industrial goods, has fallen to one of its owest level since the drought-stricken summer of 2018. The resulting loss of shipping capacity is driving up freight costs and raising the risk of supply disruptions for iron ore, coal, chemicals, petroleum products and other commodities moving through Europe's industrial heartland.
The Rhine water level gauge at Kaub, a key chokepoint on the Rhine for shipments heading to southern Germany and Switzerland, has fallen...
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