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Global Trade & Economics: Page 233

The Death of Fast Fashion Can’t Come Soon Enough

We need to take steps to reshore entire industries, and we need to act now. Fashion should be at the top of the list.

Photo: Bloomberg

Biggest U.S. Ports Rank as World’s Least Efficient for Containers

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.

An aerial view of Pier 400 at the Port of Los Angeles. Photo: Port of Los Angeles.

Coffee Shipped by Sailboat Is the Whimsical Way These Companies Are Cutting Emissions

There’s never been a more dreamy way to have your coffee delivered than a sailboat across the Atlantic.

Coffee beans from Colombia. Photo: Getty.

Biden Invokes Emergency Powers to Try to Ease Formula Shortage

President Biden invoked emergency powers under the Defense Production Act to try and boost production of baby formula, while ordering the use of government planes for imports to alleviate shortages.

A can of Similac infant formula. Photo: Creative Commons.

Hospitals Ration CT Scans, Awaiting Dye From Shanghai GE Plant

Hospitals around the U.S. are postponing CT scans and rationing care while waiting on shipments of medical dye made in a Shanghai plant that just restarted production amid the city’s lockdown.

A radiologist analyzes CT scans of a patient's brain. Photo: Getty.

U.S., European Firms Rethink China Investment After Lockdowns

U.S. and European businesses are reconsidering their investments in China after the lockdown in Shanghai and restrictions in other cities caused major disruption to their operations.

Janet Yellen, U.S. Treasury secretary, listens during a House Financial Committee hearing in Washington, D.C. Photo: Bloomberg.

Fewer Nuggets, Smaller Salads: Shrinkflation Hits U.S. Restaurants

America’s restaurants are in the same boat as the rest of the country, battling the soaring food and fuel costs that recently helped send U.S. inflation to a 40-year high.

0517 Fries

From Sneakers to Teslas, China Lockdowns Upend Global Supply Chains

Here’s a breakdown of how the situation in China is intensifying global supply chain chaos.

Adidas sneakers on display. Photo: Bloomberg.

U.S., EU Plan to Pledge Supply Chain Cooperation to Counter Russia

The U.S. and European Union plan to keep addressing supply chain and other disruptions as they project a unified front against Russia when high-level officials meet starting Sunday to discuss cooperation on trade and technology issues in Paris.

Gina Raimondo, U.S. commerce secretary, speaks during an event in Washington, D.C. Photo: Bloomberg.

Supply Worries Send Gasoline Prices to Record Highs

The gasoline market is starting to run out of control — just like diesel before it.

A driver holds a gasoline pump. Photo: Canva.

G-7 Leaders Commit to Banning Imports of Oil From Russia

Leaders of the Group of Seven most industrialized countries pledged to ban the import of Russian oil in response to President Vladimir Putin’s war in Ukraine.

Pipework inside a gas storage facility in Kasimov, Russia. Photo: Bloomberg.

Can the World Feed Itself? Historic Fertilizer Crunch Threatens Food Security

For the first time ever, farmers the world over — all at the same time — are testing the limits of how little chemical fertilizer they can apply without devastating their yields come harvest time. Early predictions are bleak.

A farmer fertilizes his crop in Guna, Madhya Pradesh, India. Photo: Bloomberg.

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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