Finland Boards Tanker After Power and Data Cables Go Offline December 26, 2024 Bloomberg 12 European countries are demanding checks on proof of insurance from suspected shadow vessels as they pass through the Baltic Sea and the English Channel. Read More
Red Sea Disruptions Cost Egypt $7B in Suez Revenues December 26, 2024 Bloomberg The Suez Canal is a vital source of foreign exchange for the $380 billion Egyptian economy, whose currency slid to a record low in the past month.Read More
Panama President Rallies Support for Canal After Trump Threat December 26, 2024 Bloomberg Three Panamanian ex-presidents and Mexico’s new president, Claudia Sheinbaum, expressed solidarity with Mulino.Read More
Mercedes Star Maker’s Demise Shows How Auto Pain Hits Suppliers December 26, 2024 Bloomberg The slowdown in EV demand is squeezing companies that have retooled production to serve what they expected to be a steadily growing segment. Read More
Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs December 24, 2024 Bloomberg Manufacturers such as BYD and SAIC-owned MG accounted for 7.4% of EV registrations across Europe in November, down from 8.2% in October.Read More
Trump Threatens to Take Back Panama Canal December 23, 2024 SupplyChainBrain Trump accused Panama of charging "exorbitant" fees to transit the canal, while stating that he will not let the waterway fall into the "wrong hands." Read More
Trump Threatens Tariffs If EU Doesn’t Buy More U.S. Oil and Gas December 20, 2024 Bloomberg Trump has threatened tariffs against countries from China to Canada, and is particularly focused on nations that have trade deficits with the U.S. Read More
Imminent EU Climate Rule for Ships Set to Add to Fuel Bills December 20, 2024 Bloomberg The FuelEU Maritime regulation comes into effect on January 1, and requires a 2% reduction in the greenhouse gas intensity of energy used by vessels.Read More
Year of Milestones for USDOT's Supply Chain Data Platform December 19, 2024 SupplyChainBrain The FLOW program also now accounts for 75% of all U.S. container imports, as well as 80% of the country's container terminal capacity. Read More
Busiest U.S. Container Ports Set to Close 2024 with Record Volumes December 18, 2024 Bloomberg The Port of Los Angeles will likely surpass 900,000 TEUs in December, and is on track to handle 10 million TEUs for the year for only the second time,Read More