The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the U.S. capital for more than a week.
Actually, there is truck capacity available, says Bill Catania, chief executive officer of OneRail. It's just a question of making use of existing services through enabling interoperability — and ensuring visibility of orders in transit.
The Biden administration’s launch last week of its Freight Logistics Optimization Works (FLOW) initiative has left a number of supply chain data experts scratching their heads.
Evergreen Marine Corp. has hired the company that freed the giant container ship Ever Given last year when it ran aground for almost a week, disrupting global trade for months, to do the same with its vessel stranded near the U.S. capital.
A closely watched auto-industry forecaster lopped more than 5 million cars off its projections for global production this year and next, largely due to fallout expected from Russia’s invasion of Ukraine.
Sanctions are causing a shortage of microchips in Russia. Meanwhile, the U.S. and Europe are spending billions in a race to reduce reliance on imports just as China plans to turn itself into a chip powerhouse.
A discussion about the current state and future of the vehicle supply chain, with Shay Scott, executive director of the Global Supply Chain Institute, and professor in the University of Tennessee’s Master's of Science in Supply Chain Management online program.