Billionaire Ty Warner Skirts Supply Chain by Chartering 150 Planes to Transport China-Made Beanie Babies
Ty Warner is trying to save Christmas from the supply chain crisis by hiring planes to pick up Beanie Babies in China.
Ty Warner is trying to save Christmas from the supply chain crisis by hiring planes to pick up Beanie Babies in China.
Inflation is expected to accelerate into 2022, increasing the cost of everyday consumer goods for American workers and families, Unilever predicted Thursday.
According to a recent report, in 2020 Amazon shipped more parcels throughout the U.S. than FedEx. Amazon now controls 21 percent of the American shipping market.
Jen Psaki was asked by a New York Times reporter about the shipping delays for products like dishwashers, furniture, and treadmills and why Biden waited to address to known issues.
LOS ANGELES, California — Sixty-six cargo ships were at anchor off the ports of Los Angeles and Long Beach, the busiest and second-busiest container ports in the United States, respectively, on Monday as an ongoing cargo crisis continued.
Peeling back the layers of the supply chain reveals extreme inflationary pressures and bottlenecks in warehousing and shipping.
Home Depot on Tuesday is reportedly joining other large companies chartering ships to circumvent the supply chain crisis.
Another looming crisis for the Biden administration is the backlogged cargo ships anchored off the coasts of California and New York.
Massive supply chain disruptions are being felt across the United States as imports resume — and as the country’s busiest ports, at Los Angeles and Long Beach, are unable to handle the volume of container ships, many of which await offshore.
Egypt is set to release the MV Ever Given over 100 days since the megaship was refloated after blocking the Suez Canal for six days.
Chinese state media on Friday said Americans might see fewer fireworks on the Fourth of July because Chinese-made fireworks are “caught up in the global supply chain disruption resulting from the pandemic,” but with half a year to go until Christmas, “much-needed goods” from the “world’s factory” in China should make it to the U.S. and Europe on time.
Despite heavy seas, a salvage operation has managed to get an abandoned Dutch cargo ship under control off the coast of Norway.
Chinese state media on Monday used the blockage of the Suez Canal to propose trade routes across land established by China’s Belt and Road Initiative (BRI) as an alternative to maritime shipping.
The blockage of the Suez Canal by stranded container supership MV Ever Given is turning out to be more of a catastrophe than originally anticipated.
Traffic through the vital Suez Canal was blocked Wednesday when the MV Ever Given, one of the largest container ships in operation, turned sideways and ran aground.
Islamic Republic of Iran Shipping Lines (IRISL) continues to circumvent U.S. sanctions by operating via a network of shell companies registered in Hong Kong, an investigation by Radio Free Asia (RFA) revealed on Wednesday.
A former customs officer at the English port of Dover has said that Remainer predictions of huge delays in cross-Channel shipping in a no deal Brexit have been massively exaggerated.
(AFP) — Asian and European seamen were kidnapped Thursday aboard a vessel in the Gulf of Guinea off the southern Cameroon port of Douala, a senior Cameroonian navy source said.
Iran seized another foreign-flagged oil tanker on Sunday morning for allegedly “smuggling fuel” to unspecified Arab states, local state media reports.
Vatican Cardinal Peter Turkson criticized the shipping industry Sunday, claiming that “vessels produce carbon dioxide emissions that significantly contribute to global climate change and acidification.”
Summer sea ice is causing havoc for shipping in the Arctic. This is the same Arctic sea ice that climate change experts predicted would have vanished by 2013.