Russian Oil Gets Flipped Between Tankers Near Spanish Exclave of Ceuta November 12, 2024 Bloomberg The West has stepped up efforts to crack down on tankers transporting Russian oil. Read More
MSC’s Africa Global Logistics Sees $43 Million Spend in Namibia November 12, 2024 Bloomberg Southern African ports have drawn investment interest due to the export of natural resources including critical minerals.Read More
Canada Port Lockouts Back Trudeau Government Into a Corner Again November 11, 2024 Bloomberg The Montreal offer would have boosted average dockworker compensation to more than C$200,000 per year.Read More
Montreal Port Urges Trudeau Government to End Strike November 8, 2024 Bloomberg The labor dispute comes as western Canadian ports locked out dock workers November 4, disrupting an estimated C$800 million in activity per day.Read More
Steven Madden Shoes Will Halve Production in China, Says CEO November 8, 2024 SupplyChainBrain The former president has promised additional 60% tariffs — or higher — on goods coming from China.Read More
Report: Supply Chain Sustainability Software Market is Needed, Growing November 8, 2024 SupplyChainBrain The Verdantix report concludes that political and regulatory events are driving the need for supply chain sustainability software.Read More
Strong Economy Boosts Outlook for Holiday Shopping Season in U.S. November 8, 2024 SupplyChainBrain The National Retail Federation projects $979-989 billion worth of retail sales in the U.S. during the November-December holiday season in 2024.Read More
Hapag-Lloyd Orders 24 New LNG Ships November 7, 2024 SupplyChainBrain All 24 ships will have dual-fuel engines that can run on LNG and biomethane, and will be equipped for ammonia fuel as well.Read More
Rolls-Royce Likely to Hit 2025 Profit Goals Despite Supply Chain Woes November 7, 2024 Bloomberg Under CEO Tufan Erginbilgic, Rolls-Royce has put greater focus on profitable contracts as well on slashing costs internally.Read More
Stellantis Lays Off Another 1,100 Workers at Ohio Jeep Factory November 7, 2024 Bloomberg Stellantis said the decision was needed to manage output levels to better align with sales as it works to cull a stockpile of unsold vehicles.Read More