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Supply Chains in Crisis: Page 67

Taiwan’s Chips Giant Resumes Operations After Deadly Quake

Taiwan’s semiconductor industry has restarted operations as the island begins to recover from its worst earthquake in 25 years.

Rescue teams demolish a collapsed building following the earthquake in Hualien on April 4.

U.S. May Revoke Houthi Terrorist Label If They Stop Red Sea Ship Attacks

“My hope is that we can find diplomatic off-ramps,” President Joe Biden’s special envoy for Yemen told reporters in a press briefing.

Suez Canal, Egypt. Photo: Bloomberg

Owner, Manager of Ship that Crashed into Baltimore Bridge File to Limit Liability For Costly Collapse

The two companies' joint-filing was submitted on April 1, and would look to limit their legal liability to $43.6 million.

Francis Scott Key Bridge Baltimore I Stock 577328166

Panama Canal Will Need Rest of Year to Recover From Drought

La Niña is expected to usher in ample rains in a matter of weeks, providing relief after record dryness afflicted the key transit channel in 2023.

Photo: iStock.com/Federico Barbieri

Secondary Route Lets Small Vessels into Baltimore Port for First Time Since Bridge Collapse

A majority of the vessels permitted in the secondary channel will be ones helping with cleanup efforts for the collapsed Baltimore bridge.

Baltimore Francis Scot Key Bridge I Stock 470678021

Ships With 240 Tons of Aid Turned Back From Gaza After Airstrike Kills 7 Workers

The charity announced that it would be suspending its delivery of food aid on April 2, all while experts warn that famine is imminent in northern Gaza.

A truck carrying large, canvas-covered humanitarian aid packages at the Israel-Gaza Kerem Shalom border crossing.

Why Congestion Could Be on the Horizon for Port of L.A. Headed into Peak Months

A growing economy, drought conditions at the Panama Canal, and systems not designed to plan for trucking schedules could all spell trouble for the Port of LA in the months to come.

The Port of Los Angeles, Los Angeles, California. Photo: iStock.com/viavado

Baltimore Ship Accident Has East Coast Ports Scrambling to Absorb Cargo

U.S. East Coast ports are modifying their operations to absorb cargo diverted from Baltimore harbor, where salvage specialists are clearing debris from the destroyed Francis Scott Key Bridge.

A U.S. Coast Guard helicopter flies over the Dali container vessel after it struck the Francis Scott Key Bridge in Baltimore, Maryland, U.S., on March 26. Photo: Bloomberg

Biden Administration to Release $60M for Rebuilding, Recovery After Collapse of Baltimore Bridge

The Biden Administration had immediately pledged to pay to rebuild the Key Bridge out of federal funds.

Francis Scott Key Bridge Baltimore I Stock 577328166

Baltimore Bridge’s $2 Billion Rebuild Starts With Clearing Ship

A salvage firm that helped contain the Deepwater Horizon oil spill and safely demolished part of New York’s Tappan Zee Bridge with explosives is heading to Baltimore.

A U.S. Coast Guard helicopter flies over the Dali container vessel after it struck the Francis Scott Key Bridge in Baltimore, Maryland, U.S., on March 26. Photo: Bloomberg

Lloyd’s of London Says Baltimore Bridge Collapse Could Lead to Record Insurance Loss

Barclays said claims for damage to the bridge alone could reach $1.2 billion, along with hundreds of millions of dollars for business disruption caused by the port’s closure.

Photo: iStock.com/abriggs21

Collapse of Baltimore Bridge Highlights the Cost of Failing to Safeguard Critical Spans

The collapse of Baltimore's Francis Scott Key Bridge raises urgent questions about the vulnerability of infrastructure that keeps ships flowing through vital U.S. ports.

Baltimore Francis Scot Key Bridge I Stock 470678021

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