High inflation has been one of the top stories of 2022, and its impact has been felt around the world. Inflation is a measure of how much things cost. Increases in transportation costs, wages, fees, and raw materials drive up supply chain costs, which in turn drives up the cost [...]
What were the major trends in export controls, trade sanctions, customs compliance, and import requirements in the U.S. and around the world? Check out the series of videos posted by global law firm Baker McKenzie. The videos were recorded across three days and feature the firm’s top international trade compliance [...]
As the world continues to recover from the effects of the COVID-19 pandemic, supply chain issues are causing widespread product shortages in a variety of different industries. Logistics company ZhenHub has published a report that examines notable product shortages in 2022, major factors behind product shortages, and the impact of [...]
A nationwide shortage of available parking for commercial trucks is creating safety issues and negatively affecting the supply chain, according to a statement released by the American Trucking Association (ATA). The ATA’s Law Enforcement Advisory Board (LEAB) sent a letter to all 50 governors and state departments of transportation urging [...]
The Department of Labor’s Bureau of International Labor Affairs (ILAB) has added 32 products (and removed one product) to its list of foreign-made goods that it has reason to believe are produced by child labor or forced labor in violation of international standards, bringing the total up to 158 goods [...]
The recent shocks to the global supply chains from pandemics, wars, climate change, and natural disasters have made it clear that more work needs to be done to strengthen supply chains, end the current disruptions, and build resilience for the future. At the recent Supply Chain Ministerial Forum, the US [...]
