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Global Port Gridlock Threatens Economies Everywhere

Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive up consumer prices.

Container ships moored off the Los Angeles and Long Beach ports in Long Beach, California. Photo: Bloomberg.

Port-Crisis Plan Seeks Inland U.S. Terminals, More Truckers

Commitments from shippers and cargo owners to move toward around-the-clock unloading at the docks in Los Angeles are a first step to addressing a national supply chain backlog.

Truck chassis sit stacked at the APM shipping terminal in the Port of Los Angeles. Photo: Bloomberg.

Biden Confronts Supply Chain Crisis Stretching Past His Grip

President Biden wants to break a logjam at U.S. ports and stave off a holiday season of shortages and delays — bottlenecks that officials and stakeholders say extend far beyond the reach of the White House.

U.S. President Joe Biden delivers remarks on supply chain bottlenecks ahead of the Christmas shopping season. Photo: Bloomberg.

China's Golden Week Adds to Global Shipping Delays

China’s week-long holiday has exacerbated congestion at two of the country’s busiest ports — Shanghai and Ningbo — where hundreds of cargo ships are waiting to berth.

An aerial view of the Port of Shanghai in Shanghai, China. Photo: Getty Images.

'Lots of Money' to Be Made in Shipping’s Future Fuels

The race to wean shipping off oil and switch to cleaner fuels should prove lucrative for investors and is drawing interest from fund managers, according to Boston Consulting Group.

An LNG-powered container ship operated by CMA CGM SA is docked at the Port of Singapore. Photo: Bloomberg.

Investors Fret Supply Chain Woes Could Knock Earnings

Reopening demand and marooned containers are prompting downgrades across analysts estimates for the upcoming earnings season.

A financial analyst at work. Photo: Bloomberg.

Unlocking Opportunity in the Post-Purchase Ecosystem

Understanding customer expectations, improving their experience and implementing the right reverse logistics systems will increase shopper loyalty and prevent profit-margin erosion.

A customer repackages an item for return. Photo: Getty Images.

Boeing to Unveil Air Freighter in Response to E-Commerce Surge

The unveiling of Boeing’s first new jet in four years will intensify a fight with Airbus for supremacy in the flourishing cargo segment of aviation.

A Boeing Co. 777X airplane lands at the Boeing Field in Seattle. Photo: Bloomberg.

Supply Chain Crisis May Have Caused California Oil Spill

The gridlock of container ships outside the Ports of Los Angeles and Long Beach may have been the cause of a major oil spill off the coast of California, according to authorities.

Anchor of a container ship. Photo: Getty Images.

What Crisis? Johnson’s Team Says Supply Crunch Is Good for Wages

Faced with a supply-chain squeeze that’s increased prices across the economy, the U.K. government is seeking to recast the crisis as a good news story for British workers.

U.K. Prime Minister Boris Johnson. Photo: Bloomberg.

Christmas at Risk as Supply Chain ‘Disaster’ Only Gets Worse

It’s the beginning of October, just the start of what the retail world simply calls “peak.” But the industry is already in various forms of panic that usually don’t take hold until the weeks before Christmas.

Labor shortages have stalled trucking across the U.S. Photo: Bloomberg.

Johnson Says Brexit Britain Must Adapt Amid Fuel, Food Shortages

Prime Minister Boris Johnson said he won’t fall back on immigration to solve the U.K.’s truck driver shortage, as he presented supply chain troubles that have left supermarket shelves bare and gas stations dry as a “period of adjustment” in the wake of Brexit and the pandemic.

A gas pump reads 'out of use' amid fuel shortages in the U.K. Photo: Bloomberg.

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