Samsung Heavy Industries said an arbitration tribunal ruled during the week of December 12 that SHI must pay $290 million to SHIKC1 Shipholding S.A. and SHIKC2 Shipholding S.A.

While most supply chain disruptions have dissipated, continued challenges led to the White House giving supply chains another bump in the news cycle with its inaugural meeting of the Council on Supply Chain Resilience.

The transportation and logistics industry is still lagging far behind other sectors in taking basic steps toward automation of manual processes.

IANA said the prolonged closure will disrupt the equilibrium that is indispensable to the smooth functioning of the freight supply chain.

The bill would allow the U.S. Department of Commerce’s SelectUSA program to develop new strategies to attract foreign investment to the U.S. semiconductor manufacturing sector.

More than 100 supply chain, logistics, manufacturing, and procurement professionals gathered in Houston to discuss the challenges and opportunities in today’s post-pandemic landscape.

Most corporate survival strategies are crafted to help businesses withstand any number of unanticipated supply chain disruptions. But how many are poised to profit from times of adversity?

The California Public Utilities Commission agreed to extend the shutdown of the state’s last functioning nuclear power plant through 2030 instead of closing the venue down in 2025.

Both December 15 attacks, one missile-based and the other drone-based, came from a part of Yemen controlled by the Houthi rebel movement.

From December 15, France is offering a variable rebate based on household income on cars costing less than €47,000.