Drought Shrivels Mississippi River, Threatens to Disrupt U.S. Food Exports September 6, 2024 Bloomberg Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsened already-low water levels at the large river.Read More
Biden Expected to Nix Sale of U.S. Steel to Japanese Manufacturer September 6, 2024 SupplyChainBrain The proposed $15 billion deal was first announced in December 2023, leading to months of scrutiny from the White House.Read More
Gartner: Supply Chain Leaders Must Be 'Geopolitically Elastic' September 5, 2024 SupplyChainBrain In a survey of 258 supply chain leaders, 88% said that they expect to see a "moderate to very high" positive impact from scenario planning around geopolitical risks.Read More
Colombia Truckers Block Roads in Protest Over Diesel Fuel Prices September 5, 2024 SupplyChainBrain The government rolled back years-old subsidies and raised the price of diesel fuel by more than 1,900 Colombian pesos (45 cents) on August 31.Read More
U.K.'s M&S Deploys AI to Help Shoppers Choose Outfits September 5, 2024 SupplyChainBrain The automation of product descriptions using AI has risen to 80% from almost nothing in the past year. Read More
Global Trade Volume Recovery Extends Into Third Quarter, WTO Says September 5, 2024 Bloomberg The WTO’s goods barometer increased to 103 compared with a reading of 100.6 in March, the Geneva-based organization said in a new report.Read More
ILA Says Negotiating Parties are 'Very Far Apart' Ahead of Port Strike Deadline September 5, 2024 SupplyChainBrain The ILA is wrapping up a two-day "marathon" of meetings, where it's preparing its members for the possibility of an impending work stoppage. Read More
Amazon to Give U.K. Warehouse Workers 10% Raise September 4, 2024 SupplyChainBrain This comes more than a month after Amazon beat back an organized labor push from workers at the company's Coventry warehouse by a 28-ballot margin.Read More
EU Responders Say it's Unsafe to Tow Burning Oil Tanker in Red Sea September 4, 2024 SupplyChainBrain Oil has yet to leak out of the vessel, but U.S. military leaders estimate that the Sounion could spill four times as much oil as the Exxon Valdez. Read More
U.S.-Backed Angola Rail Plan Secures $200M From Key Bank September 4, 2024 Bloomberg The project is part of a U.S. plan to secure access to critical minerals such as copper and cobalt in a region where China has been dominant.Read More