A panel of lawmakers in the European Parliament on Tuesday backed a draft law requiring large companies in the bloc to check if their supply chains use forced labor or cause environmental damage. The rules, known as the Corporate Sustainability …
European Union governments backed a proposed law requiring large companies in the bloc to check if their supply chains use forced labor or cause environmental damage after Italy switched sides. A “qualified majority” of 15 EU countries making up 65% …
President Joe Biden will sign an executive order designed to implement new cybersecurity requirements for the nation’s port owners and operators amid growing concerns that hackers could roil crucial supply chains. The order will give the US Coast Guard new …
There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59% increase when compared to the third quarter of 2022, according to CargoNet. Similar to the second quarter of 2023, …
Protesting farmers have blocked the distribution centers of Colruyt, one of Belgium’s biggest supermarket chains, a spokesperson confirmed, while local media reported that distribution centers of discount supermarket chain Lidl were also targeted. The blockades have led to disruptions in …
Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe, carrying around 15% of global sea trade. For the European economy, already …
The Biden administration will announce a redoubling of measures to strengthen supply chains on Monday, expanding an effort it credits with helping to ease post-pandemic inflation. Central to the effort is a new White House Council on Supply Chain Resilience, …
The cost of shipping fuel along the Rhine river has surged as low water levels curb barges’ carrying capacity following a hot, dry September. The river is fed by glaciers and rain. But Alpine ice flows are declining each year …
A factory fire at iPhone assembler Pegatron India was sparked by a short-circuit after an electrical switch was left on, following testing of the devices as they were being put together, two sources briefed on the matter told Reuters. The …
Apple supplier Pegatron has told its factory workers not to report for work on Tuesday, halting the assembly of iPhones for a second straight day at its south India factory where a fire broke out on Sunday, three sources told …
