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Global Supply Chain Management: Page 124

Russian Oil Tanker Does Secret Cargo Switch to Dodge U.S. Sanctions
The SCF Primorye was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control in October, after which it didn’t load oil again for about six months.
Suezmax tanker SCF Primoye transferred its cargo to the Ocean Hermana in the Riau archipelago, east of Singapore on June 3, 2024. Photo: Courtesy of European Union via Bloomberg
Possible Canada Border Agent Strike Delayed as Negotiations Continue
A work-to-rule strike from border agents would have wide-ranging impacts on billions of dollars worth of trade in and out of the country.
Photo: shaunl, iStock
Global Trade Is on the Rebound. Are Suppliers Getting the Benefit?
A “rebound” in global trade is underway, and the U.S. and China are the big beneficiaries, according to a new report. For suppliers, however, the news isn’t all good.
Image: iStock.com/thitivong
U.S. Seeks to Increase Pressure on Houthis in Threat to Yemen-War Truce
Leaders in Washington, D.C. have been striving to broker a cease-fire deal in Gaza for several months, with limited success.
Suez Canal, Egypt. Photo: Bloomberg
EU Nears Decision on New Tariffs For Chinese EVs
China has signaled that it plans to retaliate against any new EU tariffs with a 25% tax of its own on cars imported from Europe.
Photo: iStock
Auto, Steel Groups Urge Canada to Match U.S. Tariffs on China
Prime Minister Justin Trudeau and other Canadian officials have said they are monitoring the American tariff policy, but have not committed to following suit.
A 2024 Tesla Model 3 during the Montreal Electric Vehicle Show in Montreal. Photographer: Graham Hughes/Bloomberg
U.K. Clothing Exports Take Nosedive Since Brexit
Exports of clothing and footwear from the U.K. to the EU have dipped from £7.4 billion ($9.4 billion) in 2019 to £2.7 billion in 2023.
Photo: narvikk, iStock
Digital Freight Company Transfix Sells Brokerage Business
The sale will include the addition of 15,000 carriers for NFI Industries, while Transfix says it will keep just over 100 of its roughly 350 employees.
Photo: iStock / ake1150sb
CBP Intensifies Scrutiny of E-Commerce Shipments
Typically, the U.S. will allow shipments valued under $800 — known officially as Type 86 entries — to be imported without tax or duty payments.
Photo: gorodenkoff, iStock
'Clock Ticking' on Potential Canada Border Agent Strike
The Canada Border Services Agency — made up of over 9,000 border workers — previously set a June 6 deadline to reach a collective bargaining agreement.
Photo: MayaCom, iStock
Maersk Raises Profit Forecast as Red Sea Disruption Boosts Rates
This is the second time in about a month Maersk raised its forecast as the world’s supply lines are suffering from a number of disruptions.
Photo: iStock.com/U. J. Alexander
Rainy Relief for Panama Canal As Vessel Draft Deepens Ahead of Schedule
As of May 26 — and for the first time in all of 2024 — water levels for Gatun and Alhajuela Lakes are above the mark recorded on the same date in 2023.
Panama Canal, Panama. Photo: iStock / Marina113
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