China’s energy crisis is shaping up as the latest shock to global supply chains as factories in the world’s biggest exporter are forced to conserve energy by curbing production.
The U.K. wants to issue visas for truckers to ease a shortage that’s led to gasoline stations running dry and hit food supply chains. The hard part could be persuading drivers from eastern Europe, the biggest pool of labor in recent years, to come back.
Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens.
The African Continental Free Trade Area (AfCFTA) that came into effect in January has opened growth opportunities for both African and non-African companies, but implementation remains challenging.
Stuck in a loop of fluctuating demand, capacity problems and ongoing disruptions, shippers and third-party logistics providers say they’re investing in technology that connects people, processes and information to navigate supply chain challenges, according to a new study.
The U.S. plan for boosters will steer tens of millions of doses into the arms of many U.S. adults starting as soon as Friday. That’s angered nations where many people are still struggling to obtain a first shot.
The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65 vessels late last week, carrying potential payloads of cargo boxes that would stretch halfway across the country if lined up end to end.
Shipowners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have driven up prices, according to industry insiders.
The U.K. delayed new post-Brexit border checks on food from the European Union to mitigate a supply chain crisis in a move that was immediately criticized as handing the bloc’s producers a competitive advantage.
