Norfolk Southern’s decision to call for the burning of five derailed train cars was a consequence of poor communication by the railroad, a local emergency management official told a Senate panel March 9.
The firm, known for flying employees from one shipping crisis to the next, argued this week that the ship’s Japanese owners are preventing them for claiming a higher salvage award.
Germany’s economy has faltered because of the energy crisis. German GDP fell by 0.4% in the final three months of 2022, according to data published February 24 by the country’s Federal Statistics Office.
Lacking foresight into what 2023 will bring, businesses nevertheless have the power to identify risks in the supply chain and prepare for the coming year.
Don't hold back on supply chain investments in a time of economic uncertainty, says Heather Carroll, chief revenue officer of Covariant. Every period of turmoil is followed by one of creativity and innovation.
The United States faces a default sometime this summer or early fall if Congress does not raise or suspend the debt ceiling, a Washington think tank warned on February 22.
Sadhna Gupta, assistant manager of procurement research with Aranca, describes recent trends in the price and availability of silicon metal, an essential material for global manufacturing, as well as the outlook for the coming year.