Truck drivers transporting fuel can now operate up to 16 hours within a 24 hour window, up from the usual standard of 14 hours under normal conditions.
Attacks in the maritime sector have escalated in recent years as vessels become increasingly dependent on digital systems for navigation, communications and other operations.
Maersk and Hapag-Lloyd say that they plan to continue monitoring the security situation in the Middle East, and that any changes to services will depend on the ongoing stability of the Red Sea region.
Businesses have spent years preparing for supply chain disruptions. Few are prepared for a reality where suppliers decide long-term contracts no longer make sense.
The United States’ over-reliance on China for rare earth materials is no secret. But realization of the problem isn’t translating into meaningful progress toward solving the problem.
Indigenous peoples’ advocacy and growing scrutiny of mineral supply chains are moving their rights closer to the center of responsible sourcing debates.