Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Cargo owners should brace for a “cliff event” similar to the turmoil in the early ...
US companies are unlikely to make significant moves in global sourcing strategy over the coming three months as the government conducts a strategic review of the nation’s supply chains.
On 24 February, President Biden signed an executive order for a 100-day review of critical supply chains to identify vulnerabilities, following the shortage of semiconductors that has disrupted car production. The review targets four groups of critical goods as well as six sectors of industry.
Besides semiconductors, the critical goods comprise pharmaceutical APIs, ...
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Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Response to tariffs by Chinese importers may see extra costs for US shippers
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Hongkong Post suspends services to 'unreasonable' and 'bullying' US
White House moves create yet more stormy water on the transpacific
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