Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as President Biden lambasts the industry for closing plants.
Major railroads, including Union Pacific and BNSF, and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move which will likely force President Biden’s administration to intervene.
The number-one labor challenge for supply chains today is worker availability at the retail level, says Pete Blair, vice president of marketing with Berkshire Grey.
“Disruption” is the word of the year. Alan Amling, distinguished fellow at the University of Tennessee's Global Supply Chain Institute, explains what it means to supply chain professionals — and why they keep "getting in their own way."
Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region following Russia’s invasion of the country, according to the United Nations agency responsible for shipping safety.
Nine European Union member nations warned the bloc against overstepping its authority when it offers later this year a new plan to protect the bloc’s supply chain during crises, according to a letter.
A gauge of supply chain pressure in the U.S. economy fell to the lowest level since December 2020, as activity such as trucking cools from elevated levels with few signs yet of a worrying collapse.