One of the largest container ships in the world has been partially refloated after it ran aground in the Suez Canal, causing a huge jam of vessels at either end of the vital international trade artery.
A fire at a semiconductor factory in Japan, cold weather in North America and ongoing competition for chips are all hitting the global auto industry at the same time, threatening to exacerbate supply shortages of a key component that began late last year.
ANA Holdings Inc. expects its cargo unit to receive a boost this year from the global chip shortage as planes loaded with semiconductors help speed deliveries to automakers and consumer-electronics manufacturers.
In this conversation with SupplyChainBrain Editor-in-Chief Bob Bowman, Jason Totah, president of Odyssey International Services, Inc., discusses alternatives to bringing cargo through overtaxed West Coast ports.
The incident comes at a sensitive time for the global aviation industry, which is trying to emerge from a year in crisis caused by the pandemic’s impact on travel.
Lawmakers hoping to revitalize U.S. semiconductor manufacturing in response to a global chip shortage will find it tough to do in the near term, even if Congress throws billions in cash subsidies at the problem.
Some of the world’s largest container-shipping lines are ordering new vessels amid surging demand for ocean-cargo services, giving a long-awaited boost to the outlook for shipyards in Asia.
The latest supply chain news, analysis, trends and best practices for companies operating in Asia Pacific. The Asia Pacific region is the part of the world in or near the Western Pacific Ocean - including East Asia, South Asia, Southeast Asia, Australia and Oceania. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and trade laws, unstable political climates and government controlled exchange rates.
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