The resolution of a U.S. port strike is likely to keep global supply chain pressures on a calm footing, allowing for a continued slowdown in inflation, an index tracked by the New York Federal Reserve showed on Friday.The regional Fed bank's global supply chain pressure index, which measures how readings deviate from historical averages, eased to a reading of 0.13 in September. That ended an upward trend which saw the index move from -0…
The governments of Australia and California have signed a new Memorandum of Understanding (MoU) to accelerate shared efforts to deliver climate action and support clean energy transition.California is the fifth-largest economy in the world,…
Lloyd’s Register (LR) says it is driving proactive collaboration with key shipping stakeholders to support the International Maritime Organization’s (IMO) Coronavirus (COVID-19) recommendations for facilitating maritime trade – including the…
LONDON/MADRID/LOS ANGELES, March 23 - Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas…
