U.S. Treasury Secretary Warns Iran of 'Economic Spillover' After Missile Attack April 17, 2024 SupplyChainBrain Secretary Yellen said she expects "additional sanctions" against Iran sometime in the coming days.Read More
Bridge Disaster in Baltimore Gets FBI Criminal Investigation April 16, 2024 Bloomberg FBI agents early April 15 boarded the Singapore-flagged container ship, which remains disabled on the Patapsco River. Read More
Iran-Israel Conflict Forces Airlines to Choose Longer Routes April 15, 2024 Bloomberg Iran’s airspace is frequently utilized by airlines traveling between Europe and India or Southeast Asia. Read More
U.S. Eyeing Ship's Electrical System After Baltimore Bridge Crash April 11, 2024 Bloomberg The safety board says it is currently examining data on the Dali container ship's electronic power system and circuit breakers.Read More
Baltimore Port Closure Means 35% Drop in April U.S. Coal Exports April 10, 2024 Bloomberg Coal exports will slump 6.3% for the year, according to U.S. Energy Department figures released on April 9.Read More
Biden Administration Shares Timeline for Restoring Traffic to Port of Baltimore April 8, 2024 SupplyChainBrain According to the U.S. Army Corps of Engineers, the hope is have the main shipping channel to the port fully reopened by the end of May.Read More
Airfreight Volumes and Rates Boosted by Red Sea Shipping Diversions April 8, 2024 SupplyChainBrain Avoiding the Suez Canal is raising volumes at European seaports farther from the conflict, leading to more combined sea-air transport through hubs such as Dubai. Read More
Taiwan’s Chips Giant Resumes Operations After Deadly Quake April 4, 2024 Bloomberg Taiwan’s semiconductor industry has restarted operations as the island begins to recover from its worst earthquake in 25 years.Read More
U.S. May Revoke Houthi Terrorist Label If They Stop Red Sea Ship Attacks April 4, 2024 Bloomberg “My hope is that we can find diplomatic off-ramps,” President Joe Biden’s special envoy for Yemen told reporters in a press briefing.Read More
Owner, Manager of Ship that Crashed into Baltimore Bridge File to Limit Liability For Costly Collapse April 3, 2024 SupplyChainBrain The two companies' joint-filing was submitted on April 1, and would look to limit their legal liability to $43.6 million. Read More