U.S. Central Command said the attack had caused an 18-mile oil slick, warning that the spillage of the cargo into the sea would worsen the environmental impact.
As businesses struggle to conform their supply chains to the ever-changing the needs of the market, they’re constantly reminded of one core truth: In the end, it’s all about the money.
BIMCO said that, so far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively.
AIT says the acquisition of European-based marine spare parts logistics specialist with more than 600 teammates in 11 countries is its most significant to date.
An extensive questionnaire was sent to companies by U.S. Customs and Border Protection earlier in February, marking a widening effort to seek disclosure about provenance.
The James Beard Foundation has launched a campaign to bring chefs and farmers to D.C. to engage with Congress and share more about the mounting climate challenges they face.
The supply chain problems are expected to be exacerbated next month as China begins shipping again in earnest after its annual pause for the two weeks of lunar new year celebrations.