Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.
European leaders are desperately trying to figure out how to get grain out of Ukraine, whose exports are normally bigger than the entire European Union’s.
Rising helium costs, missing auto parts, and shipping delays are spurring a new wave of financial trouble for companies already saddled with debt amid broader concern that the U.S. economy is on the brink of a downturn.
The supply chain crisis that has clogged the U.S. logistics network has made the country’s two largest ports of Los Angeles and Long Beach the least efficient trade hubs for handling containers worldwide, a new report showed.
Decades of market consolidation in the U.S. have resulted in problems like the one millions of American families are now facing. Four companies — Abbott, Perrigo, Nestle and Mead Johnson — control 90% of the U.S. supply of formula.
Boeing Co. is taking steps to bolster safety and address criticism that it lacked a robust, in-house oversight program in the wake of two fatal 737 Max accidents.
Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and could vacate even more.