A new U.S. requirement that went into effect January 22 requires any essential workers crossing the border into the U.S. to be vaccinated. And that includes truckers.

As the pandemic sent shockwaves through the global economy, the impact was felt across industries. Among the hardest hit sectors, the automotive industry experienced profound disruption, signaling the need for supply chain modernization.

DHL is projecting an 88% decrease from typical volumes of China-U.S. freight during the first week of the Chinese New Year, which begins February 1.

The automotive industry has been severely hit by the current shortage of semiconductor chips. But the impact of the crisis extends beyond the manufacturing of cars — it’s also affecting the world of automotive insurance.