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Here are some of the top news stories impacting global supply chains this month. Tensions are escalating between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), increasing the risk of a strike at U.S. East and Gulf Coast ports. The ILA is demanding a 78% wage increase and no automation, while…

Here are the top news stories impacting global supply chains this month. The recent CrowdStrike outage and its impact on the industry highlight several lessons learned and changes that need to be made. First, it clearly exposed the vulnerability of the supply chain when it comes to cybersecurity. Businesses need to invest in supply chain…

The ocean shipping industry is currently dealing with a perfect storm of challenges: from geopolitical tensions disrupting key trade routes to labor uncertainties and escalating costs. Supply chain stakeholders must adopt a strategic and proactive approach to continue operating successfully in this environment. Here are four ways to start. With Diversification: A Cornerstone of Resilience…

Here are some of the top news stories affecting global supply chains. The container shipping market is currently experiencing a high demand for more ships and containers, mostly driven by the disruptions caused by the Red Sea crisis. The situation has upset the balance between supply and demand, increasing the need for capacity and leading…

The International Longshoremen Association (ILA), representing about 85,000 port workers at U.S. East and Gulf Coast ports, is taking a stand in its labor negotiations. With a new labor contract needed soon, the ILA has suspended contract negotiations with the U.S. Maritime Alliance (USMX), which represents employers at the ports because of a dispute over…

Here are some of the top global supply chain news stories happening right now. Canada’s labor board has intervened in a potential strike by rail workers at CN and CPKC, delaying a possible work stoppage that was slated to begin as early as May 22. The Canada Industrial Relations Board (CIRB) is reviewing whether a…

In 2023, the trade relationship between the United States and Thailand witnessed a remarkable upswing, particularly in the realm of imports from Thailand. This 400-word article delves into the dynamics of this bilateral trade, highlighting the major commodities and their values that characterized the imports from Thailand to the USA in 2023. **Overview of Trade…