The incident is the latest flare-up in one of the world’s most oil-rich regions, after Iran seized another tanker in the nearby Gulf of Oman April 27.

If passed, the law would compel Canadian companies and governmental bodies to provide annual reports outlining their efforts to reduce the use of forced or child labor.

Bipartisan lawmakers are asking the SEC to confirm Shein does not use forced labor from China’s Muslim Uyghur population.

China and Chinese companies play a vital role in Mercedes-Benz’s business, and Källenius expects more business to come out of China in 2023.

IRobot is seeking $2.1 million for damages against Expeditors caused by shipping delays and lost business.

U.S. officials believe the seizure was a retaliation against a decision by the Department of Justice to force a tanker headed to China with Iranian oil to redirect to America

Iran’s state-run IRNA news agency reported that a Marshall Islands-flagged tanker collided with an Iranian vessel in the Persian Gulf, prompting Iran’s navy to seize the vessel in Gulf of Oman.

The component shortages have forced Airbus to slow an ambitious output increase for the cash-cow A320. Sanctions tied to Russia’s invasion of Ukraine have also made it harder for Airbus and Boeing, too.

The complaint argued the companies issued a “lack of inspections” while also claiming the businesses violated labor rights, including the "lack of freedom of association.”

Supply chain disruptions caused by weather-related disasters are happening with increasing frequency.