Vietnam’s coffee harvest booms: the world can expect some slightly less expensive morning espresso
The world’s largest grower of the robusta variety of coffee beans is in Vietnam, and they’re experiencing a large crop this season.
Ships laden with liquified natural gas crowd Europe coastline
Dozens of ships are waiting for their turn.
Domestic resin market is growing
Port congestion, shipping costs, and equipment shortages have held back the U.S. resin industry from broadening overseas.
China is no longer the “cheaper” option
According to data collected by The Reshoring Institute (TRE), a non-profit advocacy and consulting group, labor rates have as much as doubled over recent years.
The semiconductor shortage has rocked the world
Expected to expand to 2023 and beyond, there is the question of whether the market will ever recover to pre-2020 levels.
Global retail, transport, and manufacturing activity are on the decline
Retail, manufacturing, transport, and logistics are all taking an ‘L’.
Pineapples from Costa Rica cloudy history before they show up in your grocery store
The largest exporter of pineapple across the globe is Costa Rica, but it doesn’t come easy.
Musk's Starlink looks to U.S. Government for financial assistance to keep Ukraine internet online
Earlier this year when Russia invaded Ukraine, Elon Musk & Space X stepped up to the plate.
IMF warns that the global economy is on unsteady ground
It’s no secret that the global economy is on unsteady ground.
Foreign goods are cheaper than ever to import
Manufacturers in the United States are likely to suffer from the value of the dollar going up as US-made goods become more and more expensive for buyers internationally.
An Energy War in Europe is waging
Sanctions, supply chain disruptions, and geopolitical issues regarding Russia’s invasion of Ukraine are showing Europe how energy-dependent it is.
Russian-made aluminum ban is in the works
The Biden Administration is considering a country-wide ban on Russian-made aluminum as another round of punishments for how Russia has invaded the neighboring country of Ukraine since February.
U.S. cannot rely on The CHIPS Act for semiconductors for quite some time
The CHIPS Act cannot be the only step for U.S. semiconductor world domination.
Fast fashion e-tailer Shein wants to eliminate ¼ of emissions within the decade
Shein, the fast fashion giant that has taken the younger generations by storm, is looking to switch up their image.
It’s time to close the chapter on sky-high shipping rates
The steep decline of ocean container shipping rates has escalated over the past week, dropping 20% from the week previous.
International Monetary Fund warns of global recession years after Covid-19 stimulus
The World Economy is looking at a twisted road ahead.
Mississippi River traffic eases after barge back-up
Due to a lack of rainfall and dry conditions, the Mississippi River encountered quite a logjam last week as thousands of boats and barges tried to avoid running aground.
U.S. Department of Defense is the world’s largest logistics organization
The United States military has more experience in air and ocean freight operations than many people probably realize.
China is feeling the slump post-Golden Week
Bejing’s Covid Zero policy is unlikely to be eased until March of 2023 and a deterioration of the world’s second-biggest economy signals a broader continent-wide economic downtown.
Crimea bridge explosions shows just how fragile supply chains really are
Over the weekend, the 12-mile bridge that connects Russia to Crimea, a heavily disputed piece of land in the region, suffered serious damage after an explosion.