Disruptions in global trade flows are set to persist into the second part of the year, longer than previously expected, Danish transport giant A.P. Moller-Maersk A/S predicted.
Port congestion in China is prompting more vessels to refuel at the country’s ports as the worsening COVID-19 outbreak forces the reconfiguration of shipping routes.
The head of Canada’s second-biggest port has a supply chain sales pitch few of his peers in the global shipping industry can match: zero wait time at sea for container traffic.
Workers at a second Amazon warehouse in Staten Island, New York, began voting on whether to join an upstart union that already won a historic election at a nearby facility.
A measure of prices received by U.S. manufacturers and service providers increased to a record in April as firms shifted the burden of higher wages and surging costs to customers.
A major industrial conglomerate has resorted to buying washing machines and tearing out the semiconductors inside for use in its own chip modules, according to the CEO of a company central to the chipmaking supply chain.
Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.
Elon Musk says Tesla’s Shanghai factory is “back with a vengeance” after a three-week Covid-induced shutdown. But his bullishness belies concern the plant has only enough components to last about a week even at reduced capacity — highlighting the challenges snarled supply chains pose to manufacturers.