New EU border identity checks could result in a 17-mile tailback at the port of Dover, a representative of the UK logistics industry has told a parliamentary committee. The EU is scheduled to implement a new system in April 2022 to monitor non-EU travellers entering the bloc’s Schengen Area. It is proposed that UK citizens…
New EU Border Checks May Lead to 17-Mile Delays at Dover, UK Lawmakers Told
Deep Dive (Nov. 23): Biden Announces Release of 50 Million Barrels of Reserve Oil
President Joe Biden is announcing the release of 50 million barrels of oil from a strategic reserve to battle high gas prices. A White House release says it’s part of a group effort involving China, India, Japan, South Korea, and the United Kingdom. That’s because the price of oil is determined on a global market and is…
BC Urges Residents to Stay Vigilant as More Storms Expected in Hard-Hit Areas
The B.C. government is urging residents to stay vigilant as more storms are expected to hit the province’s south coast, including the hard-hit Fraser Valley in the coming days. “We are expecting another rain event this Wednesday through Friday, and a series of further storms are expected in the coming weeks,” said Public Safety Minister…
Christmas Tree Growers Warn of Tight Supplies
Most people prefer to buy their Christmas tree early, while others would rather wait until the last minute. Whether real Douglas fir or faux balsam, “Oh Tannenbaum” has always been in abundant supply come holiday season, though 2021 might be different. Labor shortages, supply chain issues, transportation problems—and even Mother Nature—have all put the squeeze…
South Korean Tech Companies Double Down on US Investments, Shifting Away From China
November 19, 2021
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Earlier this month, South Korea’s tech conglomerate SK Group announced plans to invest $52 billion in the United States. Experts suggest the group’s latest commitment signals South Korea’s big shift from the Chinese supply chain. On Oct. 31, South Korean President Moon Jae-in attended a global supply chain summit convened by U.S. President Joe Biden…
NTD Business Full Broadcast (Nov. 18)
President Biden’s pick for a top bank regulator position grilled in the senate today, one focus was on her alleged communist ties. What did they accuse her of and how did she respond? Shipping congestion isn’t bad for everyone. Some financial firms are profiting handsomely from the supply chain clogs. A warning from The European Central Bank,…
LA Ports Delay Fines for Idling Containers
November 15, 2021
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LOS ANGELES—The ports of Los Angeles and Long Beach announced Nov. 15 that their new “Container Excess Dwell Fee” on companies whose containers linger at marine terminals will be delayed until Nov. 22 due to “noticeable progress” made reducing the number of import containers at the terminal. “There’s been significant improvement in clearing import containers…
LA Ports Delay Start of Container Fees
November 15, 2021
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ArchivedLocal NewsNewsportport backlogport of Long BeachPort of Los AngelesRegional NewsRegional-Local NewsSouthern Californiasupply chainsupply chain bottleneckUS
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Operators were given more time to clear thousands of shipping containers from the docks at Los Angeles and Long Beach ports Nov. 15. Port authorities announced they would delay the start of a new “Container Dwell Fee” until Nov. 22, citing “significant improvement” in clearing the containers in recent weeks. “There’s been significant improvement in…
Los Angeles Ports Delay Start of Container Fees
November 15, 2021
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ArchivedLocal NewsNewsportport backlogport of Long BeachPort of Los AngelesRegional NewsRegional-Local NewsSouthern Californiasupply chainsupply chain bottleneckUS
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Operators were given more time to clear thousands of shipping containers from the docks at Los Angeles and Long Beach ports Nov. 15. Port authorities announced they would delay the start of a new “Container Dwell Fee” until Nov. 22, citing “significant improvement” in clearing the containers in recent weeks. “There’s been significant improvement in…
Supply Chain Disorder Forces Fashion Manufacturing Exodus from Asia
Fashion businesses are shifting production away from low-cost manufacturing hubs in Asia, and toward their markets in the United States and Europe. This follows a spike in pandemic outbreaks of the CCP (Chinese Communist Party) virus’s Delta variant in Vietnam and China earlier this year, according to Reuters. Spanish apparel retailer Mango told Reuters that…
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