Startups apply artificial intelligence to supply chain disruptions
A growing group of startups and established logistics firms has created a multibillion dollar industry applying the latest technology to help businesses minimize supply chain disruption.
Supply chains snarl Taiwan tech firms as some strive to meet demand
Companies are reporting a strong market for products, especially in automotives and high-end computing, but difficulty in securing inputs.
China's widening COVID-19 curbs threaten global supply chain paralysis
On Wednesday, more than 30 Taiwanese companies, many making electronics parts, said that COVID-19 measures in eastern China had led them to suspend production until at least next week.
Global supply lines brace for ‘menacing’ economic storm to widen
Although global supply strains started to ease in early 2022, the situation is worsening again as headwinds strengthen from the war in Ukraine and China’s COVID-19 lockdowns.
Russian tankers going dark raises flags on sanctions evasion
The ships engaging in dark activity include vessels connected to big corporations and multinational shipping firms, as well as small businesses.
War in Ukraine pushes up already high freight costs for Japan
Delivery times and costs for shipping and air cargo had already been affected by the pandemic, and now the conflict has led to closed airspace and reduced port access.
Shocks from outbreak of war ripple across one of the world’s busiest trade lanes
Beyond the devastating human toll, the war threatens higher costs for fuel, grain, industrial metals and other raw materials used in Asian-made consumer goods headed for Europe and beyond.
The vessel was hit by a missile off the coast of Ukraine in the Black Sea on Friday, injuring one crew member, the Ehime-based company said.
Ukraine shuts down ports as conflict threatens grain supplies
Russia had earlier suspended movement of commercial vessels in the Azov sea, but kept Russian ports in the Black Sea open for navigation, officials and grain industry sources said.
Porsche car carrier fire drags on days after crew left ship
Thousands of Porsches, Lamborghinis and other Volkswagen vehicles were being transported by the vessel, with their worth estimated to be roughly $155 million.
Soaring diesel and gasoline prices are bleeding into global shipping
Much of the price increase in ship fuel has been due to a rally in crude oil, which is used to make most marine fuel.
Mitsui O.S.K. Lines Ltd., the operator of the Felicity Ace, said all 22 crew members aboard the ship have been safely evacuated to a nearby island.
