The shipping industry is witnessing a notable shift towards the adoption of alternative fuels for cargo ships, reports the Baltic and International Maritime Council (BIMCO). Currently, 1% of ocean-going cargo ships are prepared to utilize alternative fuels, contributing to 2% of the international fleet’s deadweight capacity. Additionally, another 1% of ships and 4% of deadweight…
The Biden administration is actively considering the prospect of increasing tariffs on Chinese electric vehicles and other products to enhance the competitiveness of U.S. clean-energy goods, according to sources familiar with the matter. Discussions on whether to raise duties on specific Chinese exports have been ongoing among officials from the White House and various Cabinet…
In the year 2023, a prominent e-commerce player made significant strides in diversifying its logistics and delivery services, extending its reach beyond its core platform. The company introduced innovative solutions such as “Supply Chain Services” and “Shipping Solutions,” all while optimizing its fulfillment network. These strategic moves have brought this entity closer to direct competition…
In a bid to address growing national security concerns stemming from the use of Chinese-sourced chips, the U.S. Department of Commerce has announced its intention to launch a comprehensive survey of the U.S. semiconductor supply chain and the national defense industrial base. The survey’s primary objective is to discern how U.S. companies are procuring “legacy…