Ships started moving again through the Suez Canal on Monday after the giant container ship that lay stranded across the critical waterway for a week was finally tugged free.
A massive container ship blocking the Suez Canal showed no signs of budging for a third day, forcing container carriers and other vessels to weigh costly and time-consuming voyages around Africa that threaten to destabilize the already fragile underpinnings of global trade.
Crews are still struggling to remove Ever Given, a stranded container ship longer than the Eiffel Tower, and a look at the type of cargoes waiting to pass show the shipping delays will affect a range of industries.
A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea, with an estimated 200,000 seafarers still stuck on their vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards.
Canadian Pacific Railways’s Keith Creel for years followed in the footsteps of Hunter Harrison, an industry legend whose revolutionary efficiency strategy became the standard at all the major North American railroads.
Canadian Pacific Railway is aiming to create a 20,000-mile rail network linking the U.S., Mexico and Canada in the first year of those nations’ new trade alliance.
The U.K.’s decision to postpone border checks on goods coming from the European Union until next year has delighted the country’s importers — but left some exporters angry.
The U.K. government says it will delay imposing post-Brexit checks on imports coming from the European Union in a bid to avert disruption to supplies this summer.
The latest news, analysis, services and systems regarding global seaports and airports and their impact on global supply chains. Today’s companies are transporting and delivering goods to more international customers than ever before through global ports and free and foreign trade zones. As infrastructure around these global gateways continues to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply chain operations through their strategic use of global seaports and airports.
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