By Gavin van Marle (The Loadstar) – MSC, Maersk and Zim are the three carriers most exposed to the supply chain disruption stemming from the collapsed bridge at Baltimore, according to…
Supply Chain Disruptions
Can Prosperity Guardian plans counter Houthi threat to shipping?
Ahead of a widely expected announcement from U. S. Secretary of Defense Lloyd J. Austin the Norwegian Government said today that the U.S. has taken the initiative to strengthen international efforts to secure civilian shipping in the Red Sea through an operation called Prosperity Guardian.
The operation is thought to center on conveying merchant ships with naval escorts. The move comes as Houthi attacks on merchant shipping continue, with reports that this morning two more ships had been struck....
US Nearshoring, Reshoring And Onshoring Is Booming
By Redd Brown Oct 7, 2023 (Bloomberg) –When Sterling Infrastructure Inc. Chief Executive Officer Joe Cutillo first started telling Wall Street that factories would return to the US, everybody thought he…
https://gcaptain.com/us-nearshoring-reshoring-and-onshoring-is-booming/
Major U.S. Retailers Returning to ‘Just-in-Time’ Supply Chain
By Lisa Baertlein LOS ANGELES, Aug 23 (Reuters) – During the worst shipping delays of the early pandemic, consumer and transportation analysts predicted U.S. retailers would buy more goods than they needed to prevent…
https://gcaptain.com/major-u-s-retailers-returning-to-just-in-time-supply-chain/
Supply Chain Hopeful of Container Market Rebound, Survey Shows
A survey of more than 2,500 supply chain professionals has shown that a majority are hopeful of container market rebound. Despite the ongoing market fluctuations, the Container xChange’s Container Price…
https://gcaptain.com/supply-chain-hopeful-of-container-market-rebound-survey-shows/
US Supply Chain Woes Shift and Persist in 2023
CHICAGO, May 17 (Reuters) – The U.S. supply chain is healing from early pandemic shocks that sent shipping costs sky rocketing and squeezed supplies of everything from toilet paper to pasta, but more than…
https://gcaptain.com/us-supply-chain-woes-shift-and-persist-in-2023/
With $1B in the bank, reputationally dinged TuSimple looks ahead
TUCSON, Ariz. — TuSimple Holdings needs closure on a raft of investigations before it can reclaim technology leadership in the nascent autonomous trucking industry. But a balance sheet with nearly $1 billion is a big advantage.
“Our runway is three years, and that’s excluding any strategic decision on China,” TuSimple Chief Financial Officer Eric Tapia told FreightWaves in an interview at the company’s testing operations site. “China’s a great business. They have some interesting initiatives...
https://www.freightwaves.com/news/with-1b-in-the-bank-reputationally-dinged-tu-simple-looks-ahead
Global Supply Chain Returns to Normal
Conditions in the global supply chain have returned to normal after three-years of pandemic-induced disruptions, according to the Federal Reserve Bank of New York. The latest reading of the NY…
Opinion: World Trade Boom Keeps De-Globalization at Bay
By Jamie McGeever ORLANDO, Fla., Feb 27 (Reuters) – Globalization may have peaked, but the resilience of world trade in the face of mounting headwinds means a reversal of the past three decades is not inevitable. Since the COVID-19 pandemic and Russia’s invasion of Ukraine shattered global supply chains, debate has raged over how integrated the global economy will be in the future compared with the previous 30 to 40 years. ‘Globalization’ is an amorphous subject. According to the International...
https://gcaptain.com/opinion-world-trade-boom-keeps-de-globalization-at-bay/
Supply Chain Disruptions’ Impact on Inflation is Likely to Persist Despite Recovery
By Laura Curtis (Bloomberg) — Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly. Take the cost of shipping containers. Spot rates from Asia to the US West Coast increased more than 15-fold during the pandemic and have since returned to pre-Covid levels as trade between the world’s two largest economies cools from a frenzied pace. But the relief is uneven. Short-term prices for...