The impact of underlying demand takes time to show up in warehousing, because of industrial real estate’s long lead times for planning and multiyear leases.

President Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China.

China is an extremely important market for Tesla, where its existing car factory on the outskirts of Shanghai produced almost 711,000 cars in 2022, or 52% of its worldwide output.

The world is getting buried in electronic waste. What can we do about it?

The lack of a West Coast labor contract between the ILWU and the PMA could be “dangerous” and “permanent,” executive director Friedmann warned.

The impact of the closures on cargo flow was limited due to low volumes, though one container ship scheduled to go to a berth today was delayed and loitering offshore.

The terminal closures come as cargo volumes have dropped sharply at the Southern California ports from peak levels a year ago.

The company is applying a new generation of RFID readers in its checkout machines, allowing shoppers to simply drop their goods in bins at automated checkout stations that read the RFID tags

The bank says the research shows global supply chain pressures decreased again in March, falling from .28 to 1.06 standard deviations below the index’s historical average.

The executive said he’s ordering new ocean-going vessels despite a slowdown in the industry following a boom during the pandemic, when some freight rates rose to record levels.