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1 min read
I went onboard the largest container ship to ever use an East Coast port and found a visual representation of American spending during the pandemic
Touring the Port of New York and New Jersey.Thomas Pallini/Insider
Thomas Pallini
2 mins read
5 titans of French luxury grew $50 billion richer in a week — and are now worth more than Costco
LVMH's Bernard Arnault, Kering's François Pinault, the L'Oréal heiress, and the brothers behind Cha…
Theron Mohamed
1 min read
Ship loses propulsion near New York's Verrazzano Bridge just days after the Baltimore bridge collapse: report
New York avoided catastrophe after a container ship lost propulsion near the Verrazzano Bridge, jus…
Katherine Tangalakis-Lippert
2 mins read
Major shipping firms are imposing surcharges to reroute ships from the Red Sea attacks — just as inflation is starting to stabilize
The surcharges are meant to cover longer journeys around the Cape of Good Hope in the south of Afri…
Huileng Tan
2 mins read
Claims that Houthis fired missiles at US Navy ships aren't true, Pentagon says
The Pentagon said claims that Houthi rebels targeted a US warship with cruise missiles in Red Sea a…
Thibault Spirlet
2 mins read
More big shipping companies suspend Red Sea operations as fears build over global supply chains amid increasing Houthi rebel attacks
Houthi rebels are "driven by domestic political calculations in Yemen, regional cooperation with Ir…
Polly Thompson
3 mins read
Western warships are shooting down Houthi threats, but the Iran-backed attacks are still screwing up global trade
US, UK, and French warships are shooting down Houthi threats in the Red Sea, but there's s concern …
Katherine Tangalakis-Lippert
4 mins read
US Navy foils gunmen attempting to hijack an Israel-linked tanker off Yemen
A unidentified group of attackers seized the Israel-linked Central Park tanker that was sailing off…
Lloyd Lee
2 mins read
VCs are abandoning supply chain tech — except for startups that can cut out the human
Startups focusing on last-mile delivery still received the largest share of investor dollars, even …
Emma Cosgrove
1 min read
There are no coffee sanctions against Russia, but payment and security concerns have some distributors avoiding the country
In March, some traders began seeking advance payment from Russian coffee-bean roasters, and others …
Dominick Reuter
3 mins read
The largest container ship to ever visit the East Coast just arrived at the Port of New York and New Jersey: Meet the Marco Polo
The CMA CGM Marco Polo can carry more than 16,000 containers and completed its journey from China i…
Thomas Pallini
1 min read
Maersk is no longer the world's largest container line as MSC takes the top spot
The Mediterranean Shipping Company's fleet can now carry 4.3 million standard 20-foot containers — …
Huileng Tan
2 mins read
Tech funding may be slowing, but VCs are still sweet on supply chain tech. Here are 5 pitch decks that won over investors in the last year.
Supply chain tech VC funding is pacing to land somewhere above 2020's $38 billion, but below 2021's…
Emma Cosgrove
2 mins read
Wealthy Russians are snapping up jewelry and luxury goods as the ruble crumbles
The Russian ruble has crashed to a record low after the invasion of Ukraine as sanctions bite.
Huileng Tan
2 mins read
Amazon and Target play an 'outsized role' in California port congestion compared to competitors Ikea and Walmart, new study says
An environmental coalition broke down the cargo carriers and shipping routes used by Walmart, Amazo…
Hannah Towey
3 mins read
The air cargo boom has airlines from UPS to Air France spending billions on Boeing and Airbus freighter aircraft — and new jets can't come soon enough
UPS Airlines just ordered 19 Boeing cargo freighters in a deal valued at more than $4 billion. But …
Thomas Pallini
3 mins read
Cargo planes and air carriers won big at the Dubai Airshow thanks to the shipping crisis and pandemic
The shipping crisis has brought air cargo to the forefront of the aviation industry and the demand …
Thomas Pallini
2 mins read
This ship is bigger than an aircraft carrier and has as much power as 900 cars
Most ships of similar or larger size are usually unable to be accommodated at American ports, and m…
William Fierman
7 mins read
From shipping the COVID-19 vaccine to rescuing thousands of Afghan refugees, aviation helped mitigate some of the worst crises of 2021
The aviation industry proved to be a global citizen as it was a first responder to some of 2021's w…
Thomas Pallini
6 mins read
How America quietly lost 2,700 ships
America ditched maritime trade as it became more important than ever. And it speaks to our never-en…