Pharma companies ramped up their stockpiles of drugs to prepare for a potentially chaotic Brexit. Now they’re in the dark about how long they’ll need to hold them.
As global warming creates shipping routes that can cut across the northern tip of the planet, a new port is being built on the fringe of the Arctic circle.
For more than two years, the clock ran down toward March 29, the day Prime Minister May pledged Britain would leave the European Union. As the drama rolls on, the costs mount from the Brexit day that wasn’t.
Ahead of the original March 29 deadline for Britain to leave the European Union, companies began to fear that if governments couldn’t agree an exit deal, border crossings between the U.K. and Europe would be significantly disrupted.
The U.K. has been inundated with requests for permits giving truckers unimpeded access to the European Union in the event of a hard Brexit, highlighting mounting fears among hauliers that their business could be curbed.
At least three ships roughly the length of two football fields are slated to arrive at ports in China by the end of this month, each carrying precious cargo from Elon Musk.
The purchase comes after President Trump said that China, the top soybean importer, had agreed to buy a total of 5 million tons of U.S. supplies following last week’s talks in Washington.
Demand in the region fizzled late in 2018 due to a combination of emissions-testing bottlenecks and economic headwinds — and more pain could lie ahead.
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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.