BloombergMore from BloombergGlobal Trade & EconomicsEnergy Firms Snap Up Russian Gas as Europe Seeks AlternativesEuropean leaders talking up plans to wean the continent off Russian natural gas are facing a harsh reality: energy companies are buying more as the war rages in Ukraine.February 28, 2022All LogisticsOmicron Ripping Through Cargo Ships May Exacerbate Shipping WoesOmicron is ripping through cargo ships, raising concerns that a surge in cases, coupled with China’s tightened quarantine requirements for vessels, could delay supply chain stabilization for the shipping industry.February 28, 2022Global Trade & EconomicsWild Commodity Swings Signal Risk of Shortages in Ukraine AttackWild price swings underscore just how sensitive commodity markets are to any possible disruptions to supplies.February 25, 2022All LogisticsShipping Rates Resume Rise as Snarls Extend Into Seasonal LullContainer shipping rates are creeping higher after staying mostly stable this year, a signal that supply strains remain a drag on a global economy now bracing for an energy shock and geopolitical turmoil tied to Russia’s invasion of Ukraine.February 25, 2022All LogisticsNarrow Window to Clear Clogged U.S. Port Hinges on Demand WaningThe bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union-contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.February 25, 2022Global Trade & EconomicsWhat’s at Stake for Global Economy as Russia Standoff EscalatesA world economy that’s still recovering from COVID-19 faces new risks as the standoff between the West and Russia escalates.February 24, 2022Supply Chain VisibilityEU to Enforce ‘Ethical’ Supply Chain With Stiff New FinesThe European Union’s ethical supply chain rules are a “game changer” but must be backed by “dissuasive” sanctions, EU Justice Commissioner Didier Reynders said.February 23, 2022All LogisticsWhite House Will Invest $450 Million to Ease Port CongestionThe U.S. Transportation Department is awarding some $450 million in grants for port-related projects to bolster capacity and improve the movement of goods, senior Biden administration officials say.February 23, 2022All LogisticsBanks Freeze Millions in Truck Convoy Funds Under Trudeau EdictThe measures approved Monday are meant to cut off funding to protest leaders and to pressure trucking companies to prevent their semis from being used again in blockades.February 22, 2022AutomotiveBiden Pledges $35 Million to Boost U.S. Rare Earth ExtractionPresident Biden announced the U.S. will give $35 million to MP Materials Corp. to process heavy rare earth elements in Southern California as part of a bigger push to challenge foreign dominance in a critical field.February 22, 2022Previous PagePage 182 of 357Next Page