Food, beverage companies lagging on addressing forced labor risks: report
Top businesses in the sector rarely apply the transparency and tools that prevent forced labor in their supply chains, a new report finds.
Top businesses in the sector rarely apply the transparency and tools that prevent forced labor in their supply chains, a new report finds.
The Court of International Trade on Wednesday directed Customs and Border Protection to remove defunct tariffs when finalizing non-liquidated entries.
Engineering, procurement and construction companies, key shippers of project cargo, are expecting an uptick in business in 2026.
The bottlenecks are rippling through Asia-Europe supply chains, undermining vessel schedule reliability, disrupting inventory positioning, and ultimately influencing freight rates, according to Drewry.
A strike mandate would offer extra leverage for the union if the proposed deals are rejected, but one expert said shippers shouldn’t be worried about the procedure.
Four ocean carriers told the Journal of Commerce they could not commit to contract volume allocations with customers until there was greater clarity on how long the hostilities would last.
While resuming the movement of vessels in the war zone is important, the shipping group says the president’s offer needs clarification.
While resuming the movement of vessels in the war zone is important, the shipping group says the president’s offer needs clarification.
The Treasury Secretary also said he expects tariff rates struck down by the Supreme Court to return within the next five months, following ongoing trade investigations.
Prices had already been rising for most of the year, but crude oil and shipping routes are facing immediate pressure from turmoil in the region.