It has been an eventful nine months in 2022 for the supply chain industry. Ocean freight rates reached unprecedented highs as supply chain disruptions continued to roil the industry. Prices are finally cooling down, but still continue to be very high and are nowhere close to the 2019 levels. Will ocean freight rates continue to soften or will it rise again? What will be the impact of a looming recession, the conflict in Europe and a new set of regulations that kicks in early next year to rein in carbon emissions from ships?

As a national leader in technology and partner to global railway associations, Russian Railways (RZD) is implementing international projects focused on sustainable development. Sergey Kobzev, First Deputy General Director and Chief Engineer of RZD, responsible for environmental protection issues, reduction of the carbon footprint and ensuring compliance with international sustainable development standards, explains more.