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IBM Uncovers More Attacks Against COVID-19 Vaccine Supply Chain

A hacking campaign that IBM Corp. detected last year against organizations involved in the manufacturing, transportation and storage of COVID-19 vaccines was wider than initially understood and is now found to have targeted more than 40 companies in 14 countries, the company said Wednesday.

An employee handles vials of Covishield, the local name for the COVID-19 vaccine developed by AstraZeneca Plc. Photo: Bloomberg.

L.A.-Area Port Backlog Persists as Imports Surge

Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged through March, usually one of the slower months of the year for container volumes.

Palm trees stand before stacks of shipping containers at the Port of Los Angeles in Los Angeles, California. Photo: Bloomberg.

Higher Shipping Costs Are Here to Stay, Sparking Price Increases

Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers.

Vessels loaded with shipping containers are docked at the Yangshan Deepwater Port in Shanghai, China. Photo: Bloomberg.

Commodity Shipping Rates Are Surging Amid Uneven Recovery

For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

A gantry crane loads a shipping container filled with corn for export from a grain terminal operated by Cargill Inc. Photo: Bloomberg.

Biden Infrastructure Plan Seeks $571 Billion in Transport Funds

President Biden’s proposed infrastructure bill calls for $571 billion in additional transportation spending over current federal levels, and $50 billion to make infrastructure more resilient to climate change.

Photo: Bloomberg

Biden's $2.25 Trillion Infrastructure Plan Aims to ‘Bring Everybody Along’

The “American Jobs Plan,” as the president dubbed it, lays out an eight-year program that includes $620 billion for transportation and $580 billion for American manufacturing.

U.S. President Joe Biden delivers an address to the nation. Photo: Bloomberg.

When Will Supply Chains Finally Move on From Paper?

Physical documents undermine efficiency, sustainability and safety — and they cost the supply-chain industry upwards of $3 billion every year.

0331 Documents

Biden Promises 'Historic' $2 Trillion Infrastructure Plan

Biden’s plan includes “historic and galvanizing” investments in traditional infrastructure projects such as roads, bridges and highways, as well as hundreds of billions of dollars to fortify the electricity grid, expand high-speed broadband and rebuild water systems to ensure access to clean drinking water.

End of Suez Snarl Marks Beginning of New Stress on Global Trade

The Ever Given leaves in its wake several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles’ heel.

A container ship sails at dusk. Photo: Bloomberg

The Suez Crisis Is Over. Now Time to Add Up the Damages.

The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.

The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.

Ships Get Moving Through Suez as Giant Ever Given Is Freed

Ships started moving again through the Suez Canal on Monday after the giant container ship that lay stranded across the critical waterway for a week was finally tugged free.

The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.

Suez Mess Adds to Global Economic, Supply-Chain Stress

The backlog is one more strain for global supply chains already stretched by the pandemic.

The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.

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