Russia’s invasion of Ukraine has supercharged the price of so-called clean ocean-going tankers, with soaring freight rates prompting companies to rush to purchase rather than rent vessels.
Undeterred by the slowing global economy, buyers of key components in the powering of electric vehicles are stepping up efforts to lock in supplies, with two of the world’s biggest automakers signing direct deals with producers of so-called battery metals.
European Union member states have agreed to ration gas this winter in an attempt to avoid an energy crisis generated by further Russian cuts to supply.
California’s Port of Oakland has fully resumed operations after truckers protesting a gig-work law blocked access for five days and disrupted the flow of goods at the key shipping hub.
The pandemic has put unprecedented strain on global supply chains— and also on the workers who’ve kept those systems running under tough conditions. It looks like many of them have had enough.
Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step toward alleviating a global food crisis.
With temperatures soaring in the U.K. and U.S., civil engineers and transit authorities say the heat is threatening rail networks across both countries.
It was one of the very first international auto brands to enter China, widely recognized by consumers and understood by its owners to have huge potential. And yet, Jeep is shutting down its only plant in the world’s largest market.
Russia began sending natural gas to Europe through the Nord Stream pipeline system after a pause, bringing relief to a continent whose economy is starting to wobble under the strain of reduced supplies.
At the Port of Los Angeles, Executive Director Gene Seroka describes a cargo bottleneck that’s bulging again on land and slowing railroad freight through Southern California.