Many port operations were disrupted, and air freight was hit the hardest, with a recovery period of the complex air cargo network predicted to last days or weeks.
The company pegged the incident to “a defect found in a single content update for Windows hosts,” and said the outage wasn’t down to a cyberattack or security breach.
The firm with $4 billion of assets is keen to branch out from its Middle East base to play a larger global role as economic growth expands demand for shipping.
Prosecutors in Milan found that Armani and Dior had subcontracted out production of their handbags to Chinese-owned companies in Italy that violated a litany of ethical labor regulations.
The funds will be used for 10 separate projects across five ports, including cargo route optimization, emission reductions, and trucking appointment systems.
With concerns over transit delays in the Red Sea and the looming threat of an East Coast and Gulf port longshoremen strike, retailers began restocking shelves in June.