Bed Bath & Beyond Files $7.7 Million Complaint Against Yang Ming for Alleged Pandemic Exploitation
Bed Bath & Beyond (BBB) has filed a complaint with the Federal Maritime Commission (FMC) accusing Taiwan-based container line Yang Ming of unfairly exploiting its customers during the COVID-19 pandemic.
Panama Canal Limits Ineffectual in Halting Rate Slide as Shipping Lines Increase Capacity
Despite Panama Canal transit restrictions and efforts to curb capacity, carriers have been adding approximately 20% of incremental capacity on the Asia-US East Coast route since the end of August.
UAW's Ultimatum: More Strikes Loom Over Auto Giants
The United Auto Workers (UAW) union has threatened to initiate more strikes at General Motors, Ford, and Stellantis plants if substantial progress is not made in negotiations by noon ET on Friday, according to UAW President Shawn Fain.
House Passes Bill to Counter California's EV Mandate
The House of Representatives has passed H.R. 1435, the Preserving Choice in Vehicle Purchases Act, which aims to prevent the EPA from allowing California to limit the sale or use of new internal combustion engine vehicles.
Transportation Secretary Buttigieg Faces Congressional Scrutiny Amid Infrastructure Debate
Transportation Secretary Pete Buttigieg has been actively promoting the Biden administration's infrastructure initiatives, emphasizing the progress made on various projects, including the Infrastructure Investment and Jobs Act (IIJA).
Europe Sets Course for Stringent Emissions Legislation Impacting Shipping Industry
Ships transporting goods in and out of the European Union will soon face significant emissions-related costs as they join the bloc's Emissions Trading System (ETS) starting in January 2024.
Germany Has Transformed From an Economic Powerhouse to a Downturn
Germany, known for its economic prowess, is currently facing a stark reversal of fortune.
California Governor Gavin Newsom Commits to Signing Climate-Focused Transparency Laws for Major Corporations
California Governor Gavin Newsom has announced his intention to sign two climate-focused bills into law.
US Detains $1.7 Billion in Shipments Under Forced Labor Law
One year after the enforcement of the Uyghur Forced Labor Prevention Act (UFLPA), a Kharon report reveals that approximately $1.7 billion worth of shipments destined for the United States have been detained.
China's Modernization Drive and Its Impact on Global Supply Chains
China's ongoing efforts to modernize its industrial system are expected to have a positive impact on global supply chains.
Low Mississippi River Levels Pose Challenges for Farmers Eager to Transport Crops
A prolonged period of hot, dry weather has caused the Mississippi River's water levels to drop significantly, leading to transport restrictions for barge companies.
Supply Chain Shift from China to Southeast Asia Could Fuel Middle-Class Growth
Liew Chin Tong, Malaysia's deputy minister of investment, trade, and industry, believes that the diversification of supply chains away from China presents a significant opportunity for Southeast Asian countries.
Climate Change and Climate-Controlled Logistics: A Dangerous Feedback Loop
The cold chain, essential for preserving and transporting products like ice cream, is a major contributor to climate change due to its energy-intensive operations.
Advancing Toward a Zero-Carbon Shipping Future Amidst Climate Report Warnings for Ports
In the maritime shipping sector, climate change is a pressing concern, and recent developments reflect both hope and challenges.
The Geopolitics of Critical Mineral Supply Chains: Navigating Global Resource Dependencies
The growing importance of critical minerals for green energy, defense systems, and high-tech applications, coupled with supply chain vulnerabilities, is driving increased attention to diversify and secure these supply chains.
Potential UAW Strike Could Force Political Stand on Organized Labor, Including President Biden
A strike by the United Auto Workers (UAW) union against Detroit's major automakers, including General Motors, Ford, and Stellantis, could force politicians, including President Joe Biden, to take a stance on organized labor.
Automotive OEMs Boost Confidence in Supply Chain Resilience, but Sustainability Challenges Persist
According to a survey by Capgemini, automotive original equipment manufacturers (OEMs) are increasingly confident in addressing future supply chain disruptions.
World Bank Report Highlights Rapid Growth and Concerns in Online Gig Work
A World Bank report highlights the global growth of online gig work, especially in developing countries, where it provides a vital source of employment for women and young individuals in regions with limited job opportunities.
Global Shift Toward Supply Chain Localization and Reshoring Gains Momentum
The global shift towards supply chain localization and reshoring is gaining momentum as geopolitical tensions, trade issues, energy security concerns, and the pandemic have exposed vulnerabilities in the global supply chain system.
China's Potential iPhone Ban Expansion Raises Concerns for Apple
China is reportedly planning to expand its ban on iPhones in sensitive departments to include government-backed agencies and state-owned companies, posing challenges for Apple in its largest foreign market and primary production base.