Toyota predicts missing EV-target by end of the year due to semiconductor chip shortage
Toyota Motor Corporation had big goals to meet by the end of the year, but unfortunately, it’s looking bleak.
Amazon is on a European mission: expand the electric fleet
The retail giant is setting its sights on Europe with plans of investing over 1 billion euros into its electric van delivery fleet in the continent.
Nation’s freight railroads publicly air out “disappointment” in railroad union’s contract declination
And the back-and-forth continues.
Port of Miami welcomes CGM Medgulf service with improved transit time
The Port of Miami’s South Florida Container Terminal (SFCT) has begun work with the CMA CGM Medgulf service, a weekly service that provides Florida with the first port of call before heading out to the Gulf and Mexico.
Shippers hesitate to send cargo to West Coast ports over ongoing labor negotiations
Dockworkers and West Coast ports are still deliberating over proposed contract agreements, and many shippers are getting antsy.
Railroad and intermodal units pose varying results midway through October
The Association of American Railroads’ (AAR) most recent data shows that rail carloads saw 3.2% annual gain last week, while internal units were off by 1.6%.
Greenpeace and other ESG activists condemn proposed export confidentiality
The CCOAC recently recommended new rules to limit public access to import data, making it confidential information.
Vietnam’s coffee harvest booms: the world can expect some slightly less expensive morning espresso
The world’s largest grower of the robusta variety of coffee beans is in Vietnam, and they’re experiencing a large crop this season.
Ships laden with liquified natural gas crowd Europe coastline
Dozens of ships are waiting for their turn.
Domestic resin market is growing
Port congestion, shipping costs, and equipment shortages have held back the U.S. resin industry from broadening overseas.
Same-day delivery requires you to look the other way in regards to sustainability and ethics
Lockdowns created a demand for convenience and quicker delivery times, which has cost a lot of money to make happen.
China is no longer the “cheaper” option
According to data collected by The Reshoring Institute (TRE), a non-profit advocacy and consulting group, labor rates have as much as doubled over recent years.
The semiconductor shortage has rocked the world
Expected to expand to 2023 and beyond, there is the question of whether the market will ever recover to pre-2020 levels.
Global retail, transport, and manufacturing activity are on the decline
Retail, manufacturing, transport, and logistics are all taking an ‘L’.
Pineapples from Costa Rica cloudy history before they show up in your grocery store
The largest exporter of pineapple across the globe is Costa Rica, but it doesn’t come easy.
Musk's Starlink looks to U.S. Government for financial assistance to keep Ukraine internet online
Earlier this year when Russia invaded Ukraine, Elon Musk & Space X stepped up to the plate.
Weather forecast shows little relief for backed-up Mississippi River
Mississippi River shows little signs of relief.
Oceanic carriers and shippers have a yo-yo relationship
Ocean carriers spent much of the pandemic rejecting shipper contracts due to severe congestion in the supply chain.
Supplier diversity metrics are not yet the norm, despite industry push
Creating a diverse supplier chain seems to be at the forefront of the minds of CEOs, however only 38% of companies actually measure any metrics to make that happen.
IMF warns that the global economy is on unsteady ground
It’s no secret that the global economy is on unsteady ground.