The owner of the Ever Given — the cargo ship that blocked the Suez Canal for almost a week, hampering global trade and roiling markets — expects to be hit with “many hundreds or thousands” of legal claims.
President Biden’s targeting of shipping lines in a crackdown on uncompetitive industries should be welcome news to American companies paying record-high rates for ocean freight, a market that a growing number of importers complain is dominated by just a few big players.
The pandemic has worsened conditions for the roughly 2 billion cows, sheep, goats, pigs and chickens that are exported each year, and epidemiologists have joined the calls for reform.
Suresh Acharya, Professor of Practice in the Robert H. Smith School of Business at the University of Maryland, addresses the excess of COVID-19 vaccine doses in the U.S., and what to do about it.
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.
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.
Shein is upending a $36 billion industry by using a seemingly ingenious combination of supply-chain savvy, data-driven clothing design and tax loopholes that came to the fore during the U.S. and in China trade war.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during 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 global logistics solutions to power their supply chains.
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