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Global Logistics: Page 41
Here’s How China’s Lockdowns Are Rippling Through Economy
China’s lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major cities like Shanghai and adding pressure to global inflation.
Thousands of Russia-Linked Ship Containers Pile Up in Rotterdam
Sanctions on Russia are snarling thousands of steel shipping containers and disrupting the heart of Europe’s economy.
U.S. Importers Are Paying Anything to Avoid Shipping Woes
U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping contracts that may not even be honored as they try whatever it takes to guarantee the arrival of their products.
Ukraine War, China Lockdowns Hit Global Supply Chains
Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s Covid lockdowns, threatening slower growth and faster inflation across the global economy.
How Air Cargo's Recovery Hinges on Passenger Travel
A rollercoaster winter for global logistics has clouded any glimmer of “normalcy” for the airline and air cargo industry, leaving companies to question if and when operations will recover from the COVID-19 pandemic.
Ship Stuck Near D.C. Signals East Coast Ports’ Rush to Expand
The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the U.S. capital for more than a week.
Evergreen Hires Firm That Saved the Day at Suez to Free Ship
Evergreen Marine Corp. has hired the company that freed the giant container ship Ever Given last year when it ran aground for almost a week, disrupting global trade for months, to do the same with its vessel stranded near the U.S. capital.
The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report
Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund.
Russia’s War Puts Shipping’s Tentative Recovery in Jeopardy
Russia’s ongoing invasion of Ukraine has the shipping industry bracing for new shocks to its labor force, which relies on experienced crew from both countries.
Europe’s Biggest Port Is 'Extremely Worried' About War Impact
The Port of Rotterdam is a particularly sensitive economic pillar of the Netherlands.
Carriers Push Back as Biden, Congress Take On Ocean Shipping
President Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack any evidence of wrongdoing.
War Shocks Ripple Across One of the World’s Busiest Trade Lanes
Putin’s assault on Ukraine, and retaliatory steps designed to paralyze the Russian economy, are heaping new disruptions on supply chains that never recovered from unprecedented shocks caused by the pandemic.
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