The port authority of Oakland recently reduced the free wait time for shipping containers from seven to four days. The reason? – Port Congestion. Port congestion is a major problem …
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Mexico’s beer shortage worsened due to supply and demand problems In recent times, beer makers have struggled to source cans and glass bottles for their products, but now, robust demand …
Biden pushes for shipping reform amid rising costs During his visit to the Port of Los Angeles, President Joe Biden called for the Ocean Shipping Reform Act of 2022 to …
U.S. and Europe rush to improve food supply chains as India bans wheat exports The United States and the EU are seeking to improve food supply chains amid export restrictions …
Sunflower oil supply disruptions causing havoc for supply chains The recent invasion of Ukraine has led to disruptions of almost half of the world’s sunflower oil exports, meaning companies are …
Fears of a neon shortage due to Russian invasion Two key suppliers of neon have shut down operations in Ukraine due to the Russian invasion, sparking concerns for chip shortages. …
White House to reveal new data-sharing initiative to tackle supply chain crunch A new project, named “Freight Logistics Optimization Works” (FLOW) will join Biden Administration officials and private-sector businesses in …
General Motors ramps up EV production in Canada General Motors Co (GM) and South Korea’s POSCO Chemical have unveiled plans to build a $400 million facility to produce battery materials …