Saudi Arabia’s Jeddah port has launched an initiative to help cargo ships caught in the Suez Canal shipping jam by allowing them to store containers for free for an extended period of time….
Ports are suffering a “perfect storm” from Covid and Brexit with the cost of shipping goods increasing by up to 300%.
Electronics giant Samsung ensured supplier support during the pandemic by providing $1.3bn in advanced payments and $830m in loans.
Fashion brands are failing to take responsibility for ensuring garment suppliers in Bangladesh survive the coronavirus outbreak, according to a report.
Carmakers including Ford, General Motors and Tesla are working to manufacture medical equipment in response to the coronavirus pandemic.