Shanghai lockdown is not causing global supply chain chaos (yet)
First came China’s Wuhan lockdown in February 2020. Then came the closing of Yantian in Shenzhen, the world’s fourth-largest port, in June 2021. Now, Shanghai — site of the world’s largest port — is in extended lockdown. The first two events had extreme effects on container shipping to the U.S. But Shanghai is no Wuhan or Yantian, at least not yet.
Expedited shipping lanes gain momentum as congestion persists
Shippers are increasingly using expedited shipping lanes to mitigate supply chain disruptions at ports, several executives confirmed in emails with Supply Chain Dive.
Amazon plans to invest $1 Billion in logistics and robotics companies
Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.