supply chain

Government, Logistics

Retired Army General Replaces Porcari as Port Envoy

Stephen Lyons and John Porcari Stephen Lyons (left) via; John Porcari by Andrew Harnik/Associated Press

Retired U.S. Army Gen. Stephen Lyons has been appointed as the new port and supply chain envoy to a group created by the White House last June to mitigate economic problems arising from the COVID-19 pandemic.

Noël Fletcher | Staff Reporter
May 27, 2022
Business, Logistics

High Rate of Turnover Among Stressed-Out Supply Chain Managers

Shipping containers at the Port of Newark in Newark, N.J. (Victor J. Blue/Bloomberg News)

Supply chain managers quit their jobs last year at the highest rate since at least 2016 due to a mix of burnout and a desire for fatter paychecks.

Daniela Sirtori-Cortina | Bloomberg News
May 23, 2022
Government, Business, Fuel

Supply Chain Woes Threaten Electric Grid

 The sun rises over power lines near Imperial, Calif. The sun rises over power lines near Imperial, Calif. (Bing Guan/Bloomberg News)

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid, according to a report.

May 18, 2022
Government, Business, Logistics

Worker Shortages Snarl Shipping Even as Shanghai Lockdown Eases

China The Yangshan Deepwater Port in Shanghai in China. (Qilai Shen/Bloomberg News)

China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply chain congestion, according to a major shipping company.

Ann Koh and Kyunghee Park | Bloomberg News
May 18, 2022
Business, Logistics, TCA

Icebreaker Shortage Freezes Up Supply Chain on Great Lakes

A Canadian Coast Guard Icebreaker vessel A Canadian Coast Guard Icebreaker vessel at dawn, with the skylines of Detroit and Windsor, Ontario, in the background. (Steven_Kriemadis/Getty Images)

CLEVELAND — More than 1.6 million tons of cargo ship carrying capacity was delayed for 28 days due to ice conditions on Lake Superior, Lake Huron, Lake Michigan and in Green Bay. A lack of Coast Guard icebreakers hampered efforts to meet the needs of commerce.

The Star Beach | Ashtabula, Ohio
May 16, 2022
Business, Technology, Fuel, Logistics, Global Freight

HMM to Continue Deploying More Ships as Port Congestion Persists

HMM HMM's containership 'HMM Algeciras'. (Krisztian Bocsi/Bloomberg News)

HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.

Kyunghee Park | Bloomberg News
May 10, 2022
Business, Logistics

Critical Talks to Begin for West Coast Port and Warehouse Workers

The Port of Los Angeles The Port of Long Beach, one of 29 ports on the West Coast who work under the Pacific Maritime Association’s master contract with the International Longshore and Warehouse Union. (Allison Zaucha/Bloomberg News)

Labor Secretary Marty Walsh, seaport officials on the West Coast, International Longshore and Warehouse Union negotiators and leaders with the Pacific Maritime Association are talking optimistically that a long-term contract with workers can be negotiated this summer.

Dan Ronan | Associate News Editor
May 9, 2022

Odyssey Realigns Business Structure With Four New Divisions

Odyssey Logistics & Technology The divisions will cover supply chain components for intermodal, transport and warehousing, freight forwarding and managed services. (Odyssey Logistics & Technology via YouTube)

Odyssey Logistics & Technology Corp. realigned its business structure by creating four new operating divisions, the company announced May 4.

May 9, 2022
Government, Business

Fed Hikes Rates Half-Point; Powell Signals Similar Moves Ahead

Fed Chairman Jerome Powell Fed Chairman Jerome Powell holds a press conference following the rate hike announcement. (Al Drago/Bloomberg News)

The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.

May 4, 2022

Sen. Klobuchar Presses Passage of Shipping Bill

Sens. Amy Klobuchar, John Thune Sen. Amy Klobuchar (D-Minn.) talks with Sen. John Thune (R-S.D.) during a Commerce Committee hearing related to the Ocean Shipping Reform Act. (Susan Walsh/Associated Press)

As supply chain woes continue to affect the commercial transportation industry, Sen. Amy Klobuchar called on colleagues to pass legislation meant to facilitate the movement of freight at the nation’s ports.

Eugene Mulero | Senior Reporter
May 3, 2022