supply chain News

Tech Giants Face More BOE Scrutiny Under Supplier Risk Rules

Major technology companies working with U.K. finance firms will face closer scrutiny, regulators said on Tuesday, as they set out long-awaited new rules to tackle potential risks posed by critical third-party suppliers. Under regulations coming into force starting Jan. 1, …

3Q Supply Chain Analysis Shows Organized Crime Driving Increased Theft Activity

A new report shows a large year-over-year increase in cargo theft incidents and evolving organized crime tactics. A CargoNet analysis of cargo theft trends for the third quarter of 2024 shows 776 cargo theft events across the U.S. and Canada …

Exploding Pagers Raise Global Supply-Chain Security Concern

Thousands of pagers and other devices exploding in Lebanon this week mark a new and deadly escalation in the use of supply chains against adversaries, giving new urgency to global leaders’ drive to reduce their dependence on technologies from rivals. …

What Does Helios Horizon’s Electric Flight Mean for Aviation Claims?

U.S. aerospace project Helios Horizon has reportedly broken the record for the highest-flying multi-seat electric aircraft. Helios Horizon reported that the company’s recent test campaign near Bishop, California, saw their all-electric aircraft achieve altitudes between 17,500ft and 24,000ft. Impressively, these …

Storm Hitting Chinese Ports is a Wakeup Call for Climate Risk to Markets

DUBAI —As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days. The storm, supercharged by the warm July waters of the Pacific, delivered Beijing’s worst flooding in more than 50 …

Pennsylvania Using Tons of Recycled Glass Nuggets to Rebuild Collapsed Interstate 95

Pennsylvania will truck in 2,000 tons of lightweight glass nuggets to help quickly rebuild a collapsed section of Interstate 95 in Philadelphia and crews will work 24 hours a day until they can reopen the critical commercial artery, officials said …

Who’s to Blame? Jet Delivery Delays Spark Penalties Battle

DUBLIN –– A battle for compensation is brewing over delays in the delivery of commercial jets, with a Dublin aviation summit descending into a blame game over the worst industrial disruption in years. Airbus and Boeing are on average delivering …

Hackers Targeting Tech Supply Chains Spur Security Startup Boom

Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies. In 2020, for example, hackers suspected of working for …

Barge Backlog Swells on Parched Mississippi River

CHICAGO —Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday as low water levels halted shipments of grain, fertilizer and other commodities on the critical waterway, shipping sources said. The supply chain snarl …

EU Seeks Tougher Cybersecurity Rules for Smart Devices

The European Union’s executive arm proposed new legislation Thursday that would force manufacturers to ensure that devices connected to the internet meet cybersecurity standards, making the 27-nation bloc less vulnerable to attacks. The EU said a ransomware attack takes place …