China issues directive to bring Boeing 737 Max back to the skies after more than 2 years

This December 15, 2018 photo shows a Boeing 737 Max 8 aircraft delivered to China Airlines during a ceremony at the Boeing 737 Zhoushan Fulfillment and Delivery Center in Zhoushan, east China’s Zhejiang Province. STR | AFP | Getty Images Chinese aviation regulators on Thursday instructed airlines to make the changes needed to fly Boeing’s … Read more

next test for global supply chain crisis

Cargo ships load and unload containers at the Qingdao Port Foreign Trade Container Terminal in Qingdao, east China’s Shandong Province, November 11, 2021. Yu Fangping | Costphoto | Barcroft Media | Getty Images Ports and companies have been grappling with the global supply chain crisis since the beginning of the year. Just as the crisis … Read more

Removing U.S.-China trade tariffs would ease inflation: Jacob Lew

American flag waves near shipping containers piled high in the Port of Los Angeles, California on April 19, 2021. Frederick J. Brown | AFP | Getty Images Former Treasury Secretary Jacob Law told CNBC on Tuesday that eliminating tariffs on goods during the worst trade war would help ease inflation in the United States. There … Read more

U.S. blacklists dozens of Chinese tech firms

Chinese and American flags fly outside a corporate building in Shanghai, China, November 16, 2021. on the song | Reuters On Wednesday, the Biden administration added dozens of Chinese companies to its trade blacklist, citing national security and foreign policy concerns. Eight China-based technology entities have been added to the list for their alleged role … Read more

Worst is over in global supply chain disruptions: Shipping association

The container ship MSC Regulus, operated by the Mediterranean Shipping Co., is docked. (MSC), left, the container ship Monte Verde, operated by Hamburg Sud, and the OOCL Germany vessel, operated by Orient Overseas Container Line Ltd. Port of Felixstowe Ltd. , a subsidiary of CK Hutchison Holdings Ltd. , in Felixstowe, United Kingdom, on Thursday, … Read more

California ports report supply chain progress, delay fines for lingering cargo

Freight trucks pass through freight containers at the Port of Los Angeles in Los Angeles, California, United States, on Wednesday, October 13, 2021. Kyle Grelot | Bloomberg | Getty Images WASHINGTON — The nation’s busiest port complex will once again delay fines for carriers for stranded containers waiting to be picked up, pointing to significant … Read more

Surging shipping costs to drive consumer price inflation, UNCTAD says

A view shows a container ship in the port of Baltimore, Maryland on November 10, 2021. Evelyn Hochstein | Reuters “UNCTAD analysis shows that the current rise in container shipping rates, if continued, could increase global import price levels by 11% and consumer price levels by 1.5% between now and 2023,” the UN report said … Read more

Beaujolais Nouveau wine hit by supply chain problems

Bottles of 2016 Beaujolais Nouveau vintage wines are displayed at a countdown event in Tokyo on November 17, 2016. Yoshikazu Tsuno | Gamma Ravo | Getty Images WASHINGTON – Every year on the third Thursday of November, at 12:01 a.m., the French release their famous first wine of the harvest—the crisp and fruity Beaujolais Nouveau. … Read more

Airbus smashes orders at Dubai Air Show, Boeing trails behind

An Airbus A330-323, operated by Delta Air Lines. Benoit Tessier | Reuters Dubai, United Arab Emirates – Airbus kicked off the 2021 Dubai Airshow with a big hit, getting huge deals from day one. The French aerospace company collected 408 orders and announced commitments by the end of the fourth day of the exhibition, Wednesday, … Read more

Christmas tree shortage because of supply chain issues, climate change

Richmond township employee, Peak Tree Farms, holds a wrapped tree. Media News Group | eagle reading | Getty Images Want to buy a Christmas tree this year? You may have better luck when you ask Santa to bring you one. Christmas tree sellers say they will have fewer trees available for sale this holiday season … Read more