Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
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.
Like all modes of freight transportation, the air cargo sector was hit hard by the COVID-19 pandemic, struggling with tight restrictions on operations even as demand for services soared.
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.
Politicians in Latin America, a region that accounts for more than half the world’s lithium resources, are looking to increase the role of the state in an industry that’s crucial for weaning the world off fossil fuels.
The global economy will need 25 million new project professionals to carry out infrastructure development initiatives by 2030. Joe Cahill, chief customer officer with the Project Management Institute, discusses solutions to the shortfall.
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.
Phil Renaud, executive director of The Risk Institute in the Fisher College of Business at The Ohio State University, discusses how the persistent drought in the western U.S. is forcing food supply chains to rethink their sourcing strategies, as well as pursue longer-term initiatives for coping with the effects of climate change.