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2 mins read
Port traffic in Southeast Asia is the worst its been in over 6 months - and could create even more chaos for US supply chains
There were 271 ships off the ports on Friday. If the turnaround time for goods between Asia and US …
Grace Kay
2 mins read
US Commerce Secretary says there's no denying the supply-chain crisis poses 'a problem'
US Commerce Secretary Gina Raimondo told CNBC on Friday that US consumers will likely feel the impa…
Grace Kay
2 mins read
One man's shopping trip-turned-scavenger hunt shows how the supply-chain crisis has created an 'everything shortage'
What should have been a quick errand turned into a multi-hour, multi-store scavenger hunt that demo…
Grace Kay
3 mins read
Watch how the largest port in the US handles an onslaught of nearly 500,000 shipping containers amid the supply-chain crisis
A video from Freight Right Global Logistics breaks down how ports in Los Angeles and Long Beach org…
Grace Kay,Emily Walsh
2 mins read
Your clothes may be about to become more expensive as cotton prices hit a decade high
The commodity that contributes to 75% of the world's clothing hit its highest price since 2011 on T…
Grace Kay
2 mins read
The workers who fuel the global supply chain warned of a possible 'systems collapse' if solutions aren't found
"Global supply chains are beginning to buckle as two years' worth of strain on transport workers ta…
Grace Kay
3 mins read
The director of one of the largest ports in the US warns the shipping industry is in 'crisis mode' as 66 cargo ships float off the California shore
A historic backlog of cargo ships stuck off the California coast has spurred shortages and price hi…
Grace Kay
3 mins read
8 graphics that highlight just how bad the record backlog of container ships in Southern California really is
The graphics highlight the enormity of the backlog, as dozens of container ships wait to dock, turn…
Grace Kay
2 mins read
Take a look at the record-breaking port congestion from 10,000 feet above, as 70 hulking cargo ships park off the LA coast
From above they may look like specks, but the cargo ships have turned the coast of Southern Califor…
Grace Kay
3 mins read
Global stocks fall as focus turns to ECB's upcoming rate hike, as US earnings optimism takes a knock
There's doubt about the size of the ECB's first interest rate hike in 11 years, while mixed earning…
Karen Friar
3 mins read
The House approves a measure to avoid government shutdown and debt default, but McConnell is poised to torpedo it in the Senate
The passage of the bill does little to resolve the standoff between Democrats and Republicans as th…
Joseph Zeballos-Roig
1 min read
Gas prices are likely to hit a 7-year high ahead of Memorial Day after hackers shut down a major oil pipeline in the US
US fuel prices are likely to hit $3 per gallon after hackers shut down the largest oil pipeline in …
Grace Kay
3 mins read
Fed Chair Jerome Powell warned of stubborn inflation, further rate hikes, and a greater risk of recession. Here are the 5 key takeaways from his press conference.
Powell pointed to the strong labor market and household savings as two reasons why inflation hasn't…
Theron Mohamed
1 min read
Colonial Pipeline says it has restored service to 'normal operations' following cyberattack that forced a shutdown
The nearly week-long shutdown caused governors in several states to declare states of emergency as …
Connor Perrett
2 mins read
Maruti Suzuki India gains 2% on hike in prices of Swift and CNG variant cars
Shares of Maruti Suzuki India have gained nearly 2% at 10 a.m., on July 12, as the company has anno…
2 mins read
Long queues as Telangana re-opens liquor shops after 43 days shutdown
Tipplers queued up in large numbers since Wednesday morning as liquor shops opened in Telangana aft…
3 mins read
Hurricane Ida aftermath will worsen supply chain bottlenecks and lead to even more shortages and price hikes, experts warn
Insider spoke with five supply chain experts that broke down the impact the hurricane will have on …
Grace Kay
1 min read
Vodafone Idea offers salary hike to employees after two years
While the top performing employees got a 17% raise in their annual compensation. The employees d…
2 mins read
Executives warn customers to brace for continued shortages and price hikes in 2022: 'I half-jokingly tell people, "Order your Christmas presents now"'
"The logistics industry does not see 2022 as having any less disruption in supply chains than in 20…
Grace Kay
2 mins read
Senate Republicans Are Pressing For A Deal To End The Government Shutdown Along With A Debt Ceiling Hike
The Senate Democratic aide told Business Insider that negotiations are "all over the place in the S…