Ship congestion outside the busiest U.S. gateway for trade held steady over the past week, as ports from China to Germany battle with COVID-19 outbreaks and other constraints on their capacity to keep containers moving across the global economy.
Egyptian officials and owners of the giant Ever Given vessel that blocked the Suez Canal earlier this year have reached a preliminary deal over compensation, according to the ship’s representatives.
A string of nations across Africa and Asia have run out of COVID-19 vaccines or are on the brink of doing so, months after receiving first shipments from a global program meant to equitably distribute the lifesaving shots.
A bill with bipartisan support would prevent Amazon from luring sellers to use its logistics services in exchange for preferential treatment on its busy web store.
AstraZeneca Plc’s COVID-19 vaccine manufacturing partner in Southeast Asia has missed a delivery target in Thailand and shipments to other countries in the region have been delayed, the latest setback for a shot that was meant to be the backbone of the global inoculation effort.
While the coronavirus crisis has delayed completion of a plant, the 65-year-old entrepreneur still expects unmanned cargo craft to comfortably beat autonomous passenger planes into the skies.
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.
Trade shocks fueled by unilateral tariffs between the U.S. and China have undone three to five years worth of growth among global value chains in affected countries, according to a UN policy brief.
Adapting to the rapidly changing landscape will require many retailers and distributors to look twice at their tools, technologies and fulfillment strategies.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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