Imports take ‘dramatically longer’ to reach US as bottlenecks bite
No letup yet: It’s taking even longer for Asian exports to get across Pacific to American buyers.
No letup yet: It’s taking even longer for Asian exports to get across Pacific to American buyers.
The finger-pointing of blame and the political promises and suggestions are not improving the flow of trade.
“This year will be the year for Maersk to ensure green solutions are developed end to end,” said Henriette Hallberg Thygesen, CEO of fleet and strategic brands at Maersk.
DOT Secretary Pete Buttigieg touted holiday season wins at the ports of LA and Long Beach while addressing shipping-sector prices.
The U.S. Chamber of Commerce wants the Biden administration to spend less time correcting economic problems the chamber feels don’t exist, and more on trade.
2021 was a banner year for The Port of Virginia, SC Ports and Alabama Port Authority.
More COVID control measures in China are impacting international goods movement.
Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.
The omicron variant is depleting aircrews at FedEx just as it has among passenger airlines, resulting in customer delays for both industries.
The Biden administration wants consumer protection regulators to examine whether giant retailers are creating supply chain distortions for smaller businesses.
Popular interest in the supply chain may have faded, but the pileup of ships waiting offshore keeps growing.
A small COVID outbreak is curtailing industrial operations in the Chinese city of Ningbo and the port could soon feel the ripple effects.
The latest partial closure of the Port of Ningbo has forwarders shifting strategies to keep the flow of trade moving.
The leading spokesman in Washington for the world’s container trades offers his take on the implications of potential regulatory changes in 2022.
Atlas Air is one of the biggest cargo airlines in the U.S. Four big jets will join the fleet in the next two years.
Cathay Pacific Cargo is limping back to service after shutting down most flights for a week to adjust its schedule to lower pilot availability.
The U.S. government is monitoring for omicron-related disruptions “at ports overseas and at home,” according to port envoy John Porcari.
New barometer from NY Federal Reserve highlights how extreme supply chain crunch has become.
Chutzpah: When Saudi Arabia’s flag carrier asks the U.S. to operate cargo flights directly from Europe and the Saudi government denies similar rights to U.S. carriers.
“2022 must be the year where commitments are turned into concrete steps and binding regulations,” said Madeline Rose, climate campaign director at Pacific Environment.