BloombergMore from BloombergAll LogisticsEvergreen Hires Firm That Saved the Day at Suez to Free ShipEvergreen Marine Corp. has hired the company that freed the giant container ship Ever Given last year when it ran aground for almost a week, disrupting global trade for months, to do the same with its vessel stranded near the U.S. capital.March 18, 2022Consumer Packaged GoodsU.S. Retail Sales Soften as High Gasoline Costs Begin to BiteGrowth in U.S. retail sales slowed in February after surging a month earlier, suggesting that consumers tempered their spending in some categories as inflation limited purchasing power.March 17, 2022Global Supply Chain ManagementCarmakers Seen Producing 5 Million Fewer Vehicles After Russian InvasionA closely watched auto-industry forecaster lopped more than 5 million cars off its projections for global production this year and next, largely due to fallout expected from Russia’s invasion of Ukraine.March 17, 2022All TechnologyWhen Will the Chip Shortage End? U.S., EU Spend Billions in Race to Beat ChinaSanctions are causing a shortage of microchips in Russia. Meanwhile, the U.S. and Europe are spending billions in a race to reduce reliance on imports just as China plans to turn itself into a chip powerhouse.March 16, 2022All LogisticsThe World’s Cargo Ships Are Sailing Into Worse Climate Risks: ReportDangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund.March 16, 2022Last Mile DeliveryFedEx Delivery Contractors Petition for Higher Payments After Holidays Left Them ShortFedEx Corp. delivery contractors are demanding higher pay and changes to operations, stung by rising costs and a drop in compensation for the most recent holiday season.March 16, 2022All LogisticsA Year After Suez Canal Fiasco, Bad Luck Strikes Again for EvergreenA year after a giant container ship got stuck in the Suez Canal for almost a week and disrupted global trade for months, another Evergreen Marine Corp. vessel has run aground.March 15, 2022HR & Labor ManagementUkraine Farmers Urged to Sow But Fear for Workers’ LivesUkraine President Volodymyr Zelenskiy is urging farmers to sow as many fields as possible to protect the food supply. But several of the nation’s largest agribusinesses say some plantings just won’t happen if Russia continues its war in Europe’s breadbasket.March 14, 2022Global Trade & EconomicsEurope Burns More Coal to Wean Off Russian GasEuropean utilities are getting increasingly reliant on coal for power as the region tries to reduce its dependence on Russian natural gas.March 14, 2022All LogisticsProtesting Truckers Clog Up Washington’s InterstatesWashington police closed streets as a convoy of truckers protesting the government’s response to COVID-19 and other grievances clogged a major interstate artery leading through the nation’s capital.March 14, 2022Previous PagePage 179 of 357Next Page
