Trafigura said it expected to lose nearly $600 million due to “systematic fraud” perpetrated by businessman Prateek Gupta, according to legal filings seen by Bloomberg.

The Port of Los Angeles handled 779,140 Twenty-Foot Equivalent Units during May 2023, a 60% increase when compared to February 2023.

HMM's FIL port rotation now includes Busan, Shanghai, Ningbo, Shekou, Jakarta, Singapore, Kattupalli, Santos, Paranaguá, Itapoá, Navegantes, Buenos Aires, Montevideo and Hong Kong.

Walmart expects the facility to create 600 jobs for the Olathe, Kansas community while improving the visibility of the company's beef supply chain.

The Little West cold-pressed juice brand will use Echo Global's transportation and supply chain management services to expand its reach across the U.S.

Over 99% of ILWU Canada members voted in favor of strike actions with the earliest possible start date reportedly being June 24, 2023.

Acting Labor secretary Julie Su is reportedly encouraging the union and port managers “to stay at the table and reach an agreement."

While an official timetable has not yet been established, Pennsylvania Governor Josh Shapiro said fixing the impacted portion of the highway could take "a number of months."

Canada's Trade and Agriculture Ministers said the country "shares the concerns" of the U.S. that Mexico's measures could potentially disrupt the North American trade market.

The Global Supply Chain Pressure Index fell to -1.71 in May 2023, marking the lowest level on record based on data going back to 1997.