The incident comes at a sensitive time for the global aviation industry, which is trying to emerge from a year in crisis caused by the pandemic’s impact on travel.
Most of the world is yet to experience the benefits of a 5G network, but the geopolitical race for the next big thing in telecommunications technology is already heating up.
Soaring freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping costs.
Johnson & Johnson will ship some COVID-19 vaccines ordered by the European Union to the U.S. for the last stage of production, raising concern among some member states that the bloc’s inoculation program could be hampered by further delays.
On top of a faltering vaccine program, which is likely to cost thousands of lives and billions in lost output, the European Commission president and her team have done real damage to the EU and its self-image as a champion of open markets.
Freight companies are rejecting one in five contracts to take goods from France to the U.K. as border rules put in place after Brexit added to delays in moving goods across the English Channel.
Clifford Sosnow, co-chair of the Trade and Investment Group of the Fasken law firm, reviews the pressing international trade issues that will confront President Biden in the early months of his administration.
Years from now when the pandemic’s impact on global business is analyzed, it’s likely that the most lucrative change will be how it pushed — or actually shoved — massive markets into the modern e-commerce era.
The latest supply chain news, analysis, trends and best practices for companies operating in Europe. Learn how businesses are optimizing supply chain and logistics performance across Europe’s 50 sovereign states and four dependencies - addressing a range of challenges such as varying regulations, developing customs and tax laws and government controlled exchange rates.
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