The Ever Given leaves in its wake several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles’ heel.
Crews are still struggling to remove Ever Given, a stranded container ship longer than the Eiffel Tower, and a look at the type of cargoes waiting to pass show the shipping delays will affect a range of industries.
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.
In his bid to extend Tesla’s dominance in electric vehicle production beyond the U.S.to Germany and other countries, is CEO Elon Musk at risk of over-reaching?
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.
The U.K.’s decision to postpone border checks on goods coming from the European Union until next year has delighted the country’s importers — but left some exporters angry.
The U.K. government says it will delay imposing post-Brexit checks on imports coming from the European Union in a bid to avert disruption to supplies this summer.
The latest supply chain news, analysis, trends and best practices for companies operating in Europe. Learn how businesses are optimizing supply chain and logistics performance across Europe’s 50 sovereign states and four dependencies - addressing a range of challenges such as varying regulations, developing customs and tax laws and government controlled exchange rates.
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