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…