Norfolk Southern Anticipates Weeks for Train Backlog Recovery
Norfolk Southern, an Atlanta-based railroad, is facing a significant backlog of trains following a recent service outage.
Fashion Execs Anticipate Further Sourcing Reductions from China in 2023
According to the U.S. Fashion Industry Association's latest industry survey, nearly 80% of fashion executives intend to decrease their sourcing from China over the next two years.
Drought-hit Panama Canal Lets More Unbooked Ships Pass in Bid to Ease Queue
The Panama Canal, grappling with drought conditions, has implemented a temporary measure to limit the number of new reserved passage slots in an effort to alleviate a bottleneck of ships waiting to transit without reservations.
Geopolitical Tensions Prompt 35% of Importers to Reevaluate Supply Chains
A recent survey by the Institute of Directors (IoD) reveals that over a third of U.K. importers (35%) have been impacted by escalating geopolitical tensions, primarily related to China, prompting them to reassess their supply chains.
Navy League Proposes Jones Act and Marine Highways for Enhanced Marine Highway and Military Sealift
The Navy League of the United States has proposed a significant investment in building dual-use ships that can transport both commercial and military cargo.
China Surpasses Japan as Largest Auto Exporter, Fueled by Electric Vehicle Growth
China has surpassed Japan as the largest auto exporter during the first half of the year, exporting 2.34 million vehicles compared to Japan's 2.02 million, marking the first time this has occurred at the half-year mark.
Report Reveals Tesla Depends on China for 39% of Battery Supply Chain
A recent analysis conducted by Nikkei Asia and Tokyo’s Fronteo has revealed that nearly 40% of the suppliers for materials used in Tesla's batteries are Chinese companies.
Strengthening Ties: US and Taiwan Forge Semiconductor Supply Chain Partnership
In a conversation with Lotta Danielsson, Vice President of the U.S.-Taiwan Business Council and editor of the report "U.S., Taiwan, and Semiconductors: A Critical Supply Chain Partnership," Taiwan's significant role in the semiconductor supply chain is discussed.
Postal Service Slashes Air Cargo by 90% in 2-Year Cost-Cutting Drive
The U.S. Postal Service has drastically decreased its air cargo shipments by 90% over a two-year period, leading to an estimated $1 billion in annual transportation cost savings, according to U.S. Postmaster General Louis DeJoy.
Shippers Expected to Gain Advantage in Winter Air Cargo Contract Negotiations
As winter approaches, shippers are expected to have the advantage in air freight rate negotiations due to declining demand and spot rates in the air cargo industry.
Life on the Road: A Trucker's Journey in Brazil
A recent visit to Ceagesp Market in Sao Paulo, Brazil, provided a unique cultural experience for an American traveler.
Ship Fire Originated in Decks Containing Stored Cars
A ship fire off the Dutch coast that lasted almost a week originated in the upper decks where cars were stored, as stated by the CEO of the salvage company involved.
Saudi Arabia Extends 1M-Barrel Oil Cut, Leaves Option to Deepen
Saudi Arabia has extended its unilateral oil production cut of 1 million barrels a day into September, and the country says it may extend or deepen the cuts further.
US Apparel Retailers Break Ties With China Amid Growing Concerns
A growing number of US fashion companies are distancing themselves from China as their top supplier, with 61% of apparel retail CEOs no longer relying on China as their primary source.
The logistics economy experienced a slowdown in July
The Logistics Managers' Index (LMI) report for July indicates a slowdown in economic conditions within the logistics industry, continuing a trend that started earlier this year.
Iran's APT34 Conducts Supply Chain Attack on UAE
Iran's APT34, also known as OilRig, has launched a supply chain attack targeting government entities in the United Arab Emirates (UAE).
CJ Logistics Partners with World's 7th Largest Shipping Company, ONE
CJ Logistics, South Korea's largest parcel delivery service, has entered into a strategic partnership with Japan's Ocean Network Express (ONE), a global container shipping company.
Brookings Institute Raises Concerns Over US Military's Logistics Gap Compared to China
The Brookings Institute recently released a report titled "America can't afford to ignore the logistics triad," which highlights the critical role of logistics in military operations, particularly against formidable adversaries like China and Russia.
Solar Supply Chain Raises Human Rights Concerns as Transparency Declines
A new report by experts in human rights and the solar industry has raised concerns about the solar supply chain's lack of transparency amid human rights issues.
MIT Offers Humanitarian Logistics Course
MIT's Center for Transportation & Logistics is offering a free online course titled "Humanitarian Logistics," led by Dr. Jarrod Goentzel, director of the MIT Humanitarian Supply Chain Lab.