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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

Underwater Robots Are Helping Maritime Shipping Clean Up Its Act

Neptune's robot cleans up biofouling: the algae, seaweed, barnacles and other organisms that accumulate on hulls, adding drag and reducing fuel efficiency.

A demo at the Neptune Robotics facility in Shenzhen shows one of the company's robots in a room built to simulate the curvature of a ship...s hull and muddy water conditions.

U.S. Treasury Secretary Sounds Alarm Over China's Surplus of Green Technology

China's surplus of solar power, electric vehicles, and lithium-ion batteries allows them to ship those products to other countries at lower rates.

Photo: iStock.com/tigerstrawberry

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

How Supply Chains Can Support Second-Hand eCommerce

Second-hand e-commerce has witnessed something of a boom period in recent years, fueled largely by changing consumer attitudes towards affordability, longevity, sustainability, and effectiveness.

Shopping Online. woman hand online shopping on laptop computer with virtual graphic icon diagram on desk, payment online, digital marketing, business finance, internet network technology concept

The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working

For all the costly hardware the U.S. and its allies have thrown at Houthi rebels, they haven’t been able to stop the attacks on freighters and warships in the Red Sea.

Ismailia, Egypt. Photo: iStock.com/vale_t

UN Report Reports 1B+ Tons of Food Thrown Away Every Year

A majority of the world's food waste comes from households, accounting for roughly 60% of the billion tons thrown away in 2022.

Photo: iStock.com/Thomas Demarczyk

Survey: Furniture Home Delivery Service Key to Customer Loyalty

Retailers are being forced to adapt to the emphasis buyers of home furnishing now put on overall service and last-mile delivery experience, over brand loyalty.

Photo: iStock.com/AndreyPopov

Natural Language Processing Transforms Inventory Management

With proper human oversight, NLP can reduce supply chain challenges even before they occur, thus potentially saving companies substantial time and money.

Photo: iStock.com/gorodenkoff

Ford, GM Divert Shipments as Bridge Collapse Upends Supplies

Baltimore for years has been the top U.S. vehicle-handling port, with more than 847,000 cars and light trucks processed through there last year.

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

Dollar Tree to Shutter 600 Family Dollar Locations by End of 2024

The company will also be shuttering an additional 370 Family Dollar stores and 30 Dollar Tree locations when their leases end.

KINGS MTN, NC, USA-4 MARCH 2020: A Family Dollar store building and parking lot.

Incident at Baltimore Bridge Wasn't First Crash for Dali Container Ship

According to Vessel Finder, the Dali hit a stone wall at the port of Antwerp in Belgium on its way to Bremerhaven in 2016.

The Dali container ship. Photo: iStock.com/viper-zero

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Featured Product

Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

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