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Global Logistics: Page 48

Vaccine Hoarding May Backfire on Rich Nations as India Reels

For months, developed economies have hoarded COVID-19 vaccines and the raw materials needed to make them. Now, they’re being forced to act as an explosive outbreak in India raises the risk of new virus mutations that could threaten the wider world.

Employees work on the production of line for vials of Covishield, the local name for the COVID-19 vaccine developed by AstraZeneca Plc. and the University of Oxford, at the Serum Institute of India Ltd. Hadaspar plant in Pune, Maharashtra, India. Photo: Bloomberg.

How K.C. Southern Morphed From Rail Dark Horse to $30 Billion Prize

In less than a year, Kansas City Southern has transformed from an industry wallflower to the belle of the ball, getting courted by Canada’s two biggest railroads.

A Kansas City Southern freight train. Photo: Bloomberg.

Watch: What to Do About the Global Container Shortage

Rob Handfield, Bank of America Professor of Supply Chain Management with the Supply Chain Resource Cooperative in the Poole College of Management at North Carolina State University, discusses the reasons behind the current worldwide shortage of ocean containers, and what carriers and manufacturers must do to solve it.

What to Do About the Global Container Shortage

The Shipping Industry Wants to Be Taxed for Its Carbon Emissions

It’s rare for an industry powered by fossil fuels to call for a tax on its own carbon emissions. Yet the shipping sector is doing just that.

Emissions from a cargo ship at dusk. Photo: Shutterstock.

Oakland Tops L.A. Area as Ships Inundate World’s Ports

It’s hard to predict when normality will return.

Source: Port of Oakland

Fed Sees Supply-Chain Issues Growing Despite Better U.S. Outlook

The Federal Reserve is seeing both labor and material shortages mounting up across several sectors of the U.S. economy.

0415 Supply Shortages

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.

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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