GLOBAL MARKET INSIGHTS
Keeping you updated on the latest industry news.
Rail Unions Push Out Date for Potential Strike
The threat of a nationwide rail strike has been pushed back to early December after BMWED agreed to extend their cooling off period to align ... Read More
Chinese Officials Enforce Tighter COVID Restrictions, Production Takes a Hit
New COVID-19 cases continue to surge across China despite the country’s draconian containment policies. Nationwide, new infections climbed to 7,475 on November 7 according to ... Read More
Second Rail Union Rejects Deal, Increasing the Likelihood of Nationwide Strike
In a further blow, another rail union - the Brotherhood of Railroad Signalmen - has voted down the proposed contract with the Class I railroads, ... Read More
U.S. Grapples with Gas and Diesel Shortages
The U.S. exported a record amount of crude and fuel last week, despite a growing domestic shortage of gasoline and diesel supplies ... Read More
Rail Union Rejects Deal, Renewing Possibility of a Nationwide Railroad Strike
The threat of a nationwide rail strike is back after members of the third-largest rail union rejected last month’s tentative agreement with the Class I ... Read More
‘Clean’ Energy Products Added to DOL’s 2022 List of Goods Produced by Child or Forced Labor
The Department of Labor has just released its 2022 edition of goods produced by child or forced labor. In this edition, the DOL has added ... Read More
FDA Food Facility Registration Renewals Begin October 1; Act Now to Avoid Supply Chain Disruption
The U.S. Food and Drug Administration (FDA) will begin accepting food facility registration renewals from October 1 through December 31, 2022. Failure to renew food ... Read More
Nationwide Rail Strike Averted!
The railroads and labor unions have reached a tentative deal, averting a nationwide strike that threatened to cripple U.S. supply chains - less than 24 ... Read More
Chinese Ports at a Standstill as Typhoon Muifa Storms Toward Shanghai
Typhoon Muifa intensified this morning as it barreled towards Shanghai, prompting authorities in the eastern province of Zhejiang to order the ports in Shanghai, Ningbo, ... Read More
