Port restrictions and canceled flights are straining the ability to replace seafarers on board ships, further weakening global supply chains already snarled by the coronavirus pandemic.
A shipping container shortage that’s left everything from Thai curry to Canadian peas idling in ports may be about to get a whole lot worse as China steps up its precautions on incoming vessels.
While the global economy is reeling from the spreading coronavirus, seaports — which handle a hefty 90% of all world shipping — are a bellwether for trade.
Almost a year after Italy broke with its U.S. and European partners to sign up to China’s influence-extending Belt and Road initiative, relations between Rome and Beijing risk deteriorating rather than getting closer.
The spreading health emergency in Asia’s top economy has sent shock waves through raw material markets and the companies that ferry goods across the world’s oceans.
In naming new executive director Danny Wan, the Port of Oakland drew from among its ranks — Wan has served for 13 years in a variety of advisory and executive management roles, including port attorney. In this conversation with SupplyChainBrain, he outlines his vision of the port’s future.
The region that straddles the Danube in Romania and Bulgaria has made it a bread basket for centuries. But after years of corruption and political upheaval, it’s finally plugged into the world economy thanks to the EU’s open borders and money.
Challenge: Since February 2018, the cost of duties for U.S.-China operations has substantially grown. There are now $550 billion in tariffs applied exclusively to Chinese imports, while China has imposed $185 billion on U.S. goods.
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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