Some stakeholders say the U.S. government needs to increase production and expand leasing to oil drilling to avoid a diesel shortage. As persistent inflation strains budgets ahead of the holidays, another shortage threatens to compound […]
A week-long lockdown was implemented around the world’s largest iPhone factory in the central Chinese city of Zhengzhou. Beijing is ramping up its zero Covid policy despite internet rumors suggesting otherwise, only to be proven […]
A major U.S. diesel fuel supplier warned of an oil “shortage” on the East Coast on Monday and suggested that it could cause prices on a variety of consumer goods to rise in the near term. But […]
No grain shipping traffic is planned through the Black Sea safety corridor for Sunday, the Istanbul joint center coordinating the UN deal’s logistics said, after it collapsed Saturday. Russia suspended its participation in the Ukraine […]
By John Paul Hampstead of FreightWaves The trans-Pacific trade lane connecting the world’s most important countries is a pillar of the global economy. But now it’s becoming an epicenter of supply chain, financial and geopolitical […]
The global semiconductor shortage appears to have officially “bullwhipped” its way the other direction and, as such, as become a glut. Yes, you read that right, there is now reportedly a glut of semiconductors at […]
By Craig Fuller, CEO of FreightWaves For freight companies, this year’s peak will be weak Peak season, an annual event in the freight industry, serves as the most important season in the calendar for many […]
The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration. National Economic Council Director Brian Deese […]
Oil prices rebounded today from earlier losses as fears over tight supplies once again became top of mind for many as ‘peak hawkishness’ overtook ‘China demand fears’. Oil was also helped by a weaker dollar… […]
Authored by Allen Stein via The Epoch Times, Jeff Worsham is a realist regarding the weather because he believes what he sees. That the regional drought is a bad one, getting worse, is beyond […]
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