Maersk Sees Supply Chain Strain Continuing ‘For Some Time’
COPENHAGEN, Jan 11 (Reuters) – Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move
COPENHAGEN, Jan 11 (Reuters) – Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move
By Ann Koh (Bloomberg) — China tightened restrictions on vehicles entering Shenzhen, spurring concern that the delivery of goods to and from one of the
By Hyunjoo Jin and Nivedita Balu, Jan 2 (Reuters) – Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates,
STOCKHOLM, Dec 30 (Reuters) – The world’s biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in
By Mario Parker and Josh Wingrove (Bloomberg) — President Joe Biden said that his administration, together with labor unions and companies, succeeded in
By Mike Wackett (The Loadstar) – The fractious relationship between ocean carriers and their freight forwarder and NVOCC customers is seen as one of
By Sam Whelan (The Loadstar) – A new partial lockdown in Ningbo has highlighted the threat to container supply chains from China’s strict zero-Covid
By Sharon Bernstein and Nathan Frandino ESCALON, Calif., Dec 9 (Reuters) – The shrink-wrapped boxes of fresh California walnuts stacked almost to the
By Mike Wackett (The Loadstar) – Nearly a quarter of the scheduled port calls of Asia-North Europe alliance loops were omitted in the past five months,
By Keith Laing (Bloomberg) –Dezjion Henson has wanted to be a truck driver his whole life. When he turned 18 last year he jumped at the chance and
The U.S. Federal Trade Commission has launched a new inquiry into supply chain disruptions contributing to empty shelves and sky-high prices for U.S.
By Augusta Saraiva (Bloomberg) –California’s ports of Los Angeles and Long Beach delayed charging fines on containers that sit on the docks for
By K. Oanh Ha and Jack Wittels (Bloomberg) —China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the
By Amelia Pollard (Bloomberg) –The journey of Tonka’s Mighty Dump Truck toy from its Asian factory to U.S. stores offers a window into
By Allison Lampert and Julie Gordon, Nov 24 (Reuters) – Global shipping and supply chain bottlenecks are encouraging Canadian firms to bring
By Jonathan Saul and Eduardo Baptista LONDON/HONG KONG, Nov 17 (Reuters) – Ships in Chinese waters are disappearing from tracking systems following the
Check out this 60 Minutes segment “What’s caused America’s supply chain crunch?” on the United States’ supply chains that are
Abu Dhabi Ports Group announced its financial results for the nine months ended September 30, 2021, reporting revenue growth of 22% year-on-year to AED 2.791
By Siddharth Cavale and Corina Pons (Reuters) – Major clothing and shoe companies are moving production to countries closer to their U.S. and European
By Brendan Murray (Bloomberg) –The logjam of container ships outside the California ports of Los Angeles and Long Beach swelled to another record as
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