U.S. to Establish Naval Logistics Hubs in India as a Countermeasure to China
The U.S. and India are collaborating to establish naval logistics hubs in India, aiming to enhance resupply and maintenance capabilities for naval vessels in the South Asia region.
IMO Unveils Global Emission-Reduction Targets, Implications for Shipping Industry and Freight Rates
The International Maritime Organization (IMO) has announced new global emission-reduction targets, but the ambiguity surrounding the means to achieve these targets is expected to limit new ship ordering.
Import Cargo Volume at US Ports Set to Peak in August, but Labor Disputes Pose Concerns for Retailers
The Global Port Tracker report indicates that import cargo volume at major container ports in the United States is expected to increase towards a peak in August.
Supply Chain Transparency and Accountability Gain Traction in the Fight Against Forced Labor
The drive for supply chain transparency and accountability in combating forced labor has gained momentum, with consumers, governments, and businesses taking action.
Mexico Overtakes China as Top US Exporter, Shifting Supply Chain Dynamics
The second quarter witnessed a significant shift in supply chains, with Mexico surpassing China as the leading exporter to the United States, according to the Supply Chain Stability Index by ASCM and KPMG.
Strike Paralyzes Canadian West Coast Container Terminals
A union strike has brought container terminals at Canada's West Coast ports to a halt, causing significant disruptions to supply chains.
Labor Issues Continue to Impact US Container Imports, According to Port Tracker Report
The Port Tracker report, published by the National Retail Federation and Hackett Associates, highlights labor concerns as a significant factor in assessing the state of US-bound container imports.
California Governor Announces $1.5 Billion Investment to Build Sustainable and Efficient Supply Chain
California Governor Gavin Newsom has unveiled a comprehensive investment plan of over $1.5 billion to enhance the state's supply chain infrastructure.
Labor Strikes at Canadian West Coast Ports Lead to Diversion of Containerships to Seattle
Two containerships originally bound for the Port of Vancouver have been redirected to the Port of Seattle as labor strikes at West Coast ports in Canada continue for the sixth day.
DHL Express Unveils Sustainable Americas Hub in Atlanta to Strengthen Global Connections and Service Capabilities
DHL Express has opened its Americas region hub at the Hartsfield-Jackson Atlanta International Airport, investing $84.5 million to enhance its connections and service capabilities.
Saudi Arabia Raises Crude Oil Prices, Risking Demand Suppression
Saudi Arabia's state-owned oil company, Saudi Aramco, increased the prices of its crude oil in Europe, the Mediterranean, and Asia, contrary to expectations.
CEOs Express Concerns over Human Rights Issues in Supply Chains
A survey conducted by Proxima reveals that over two-thirds of CEOs in the US and UK are worried about human rights issues within their supply chains.
Manufacturing Diversification to Drive Container Shipping Growth, says ONE CEO
According to ONE CEO Jeremy Nixon, as manufacturers increasingly diversify their production away from China, it will lead to growth in container shipping.
IMO Pushes for Shipper Compliance, Amid Debate Over Realistic Goals
The International Maritime Organization (IMO) is currently convening in London to discuss the progress of pollution-reducing policies in ocean shipping and set new emission targets.
Xi's Metal Curbs Risk Backfiring as G-7 Explores Alternatives to China
China's recent decision to impose export controls on gallium and germanium, key metals used in advanced technologies, demonstrates the country's ability to retaliate against the US, Japan, and Europe's efforts to limit China's access to technology.
Dockworker Strike in Canada Threatens Economy and Reputation as Exports Are Impacted
A prolonged strike by dockworkers on Canada's west coast has raised concerns among business groups about the country's economy and reputation.
China's Leap Forward: Securing Africa's Lithium Reserves in the Global Race
China's proactive approach to securing lithium supply from Africa is proving fruitful as it navigates a tight global market for the crucial metal used in electric vehicle (EV) batteries.
AD Ports Group Expands Global Footprint with $720 Million Acquisition of Spanish Logistics Leader
Abu Dhabi-based AD Ports Group has successfully acquired Noatum, a leading provider of integrated logistics services operating in 26 countries worldwide.
China's Metal Export Restrictions Send Ripples Through Chip Sector
The recent announcement by China to impose export curbs on metals used in chipmaking has triggered concerns and evaluations among trade officials.
West Coast Port Workers in Canada Commence Official Strike
The International Longshore & Warehouse Union (ILWU) Canada's Longshore Division has officially begun a strike, impacting West Coast ports in Canada, including Vancouver and Prince Rupert.