White House to ocean carriers: Take more ag exports … or else
The Biden administration on Friday again urged global ocean carriers to accept more export freight and restore service at underutilized West Coast ports to ease supply chain constraints and give U.S. agriculture companies a fair chance to sell their goods in overseas markets.
Port of Long Beach plans ‘Supply Chain Information Highway’ for cargo tracking, visibility
The Port of Long Beach contracted a technology firm, UNCOMN, to help it create a free cargo visibility software that gives shippers data to “track their cargo through the complete supply chain,” according to a press release.
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2022 Fuel Forecast contains plenty of questions for supply chain managers
Derik Andreoli, principal at Mercator International, notes that Goldman Sachs forecasts that oil prices could rise to $150 per barrel in 2022 under a full economic reopening scenario. By contrast, Deutsche Bank forecasts that prices will average just $60 per barrel.
Firms brace for extra Brexit red tape amid supply chain squeeze
Just as firms wrestle with a global supply chain crisis and fresh pandemic restrictions, companies in the U.K. and European Union face another looming headache: More post-Brexit red tape.