supply chain News

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 …

Displaced Hurricane Matthew Homeowners Remain in Limbo Six Years Later

Nearly six years after flood damage from Hurricane Matthew displaced Thad Artis from his home in Goldsboro, North Carolina, he has still not been placed in permanent housing. Living alone in a motel for the last two years, growing increasingly …

Russia, Ukraine Agree to Protect Ukraine Grain Shipping Channel

LONDON/NEW YORK —Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters. The …

Savannah Port Breaks Cargo Records amid Import Surge

SAVANNAH, Ga. (AP) — The Port of Savannah saw record-breaking cargo volumes this past fiscal year amid a surge in imports and West Coast backlogs that prompted shippers to reroute goods to the East Coast. The Georgia Ports Authority said …

Terminals at California’s Third-Busiest Port Resume Regular Hours

Marine terminals at California’s Port of Oakland opened for normal operations on Monday after port leaders and police ended a week-long independent truck driver protest of the state’s new “gig worker” law, which stranded cargo on ships, docks and warehouses …

Researchers: Chinese-Made GPS Automotive Tracker Highly Vulnerable

BOSTON (AP) — A popular Chinese-made automotive GPS tracker used by individuals, government agencies and companies in 169 countries has severe software vulnerabilities, posing a potential danger to life and limb, national security and supply chains, cybersecurity researchers have found. …

Clogged California Ports Face New Labor Risk from Trucking

OAKLAND —Truck drivers choked traffic at the Oakland, California, seaport on Monday protesting a state law that makes it harder for independent contractors to transport goods and could limit labor at the state’s already clogged seaports, threatening to worsen the …

US Power Companies Face Supply-Chain Crisis this Summer

U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought …

Toyota, Subaru Shares Drop on “Embarrassing” Recalls of First EVs

TOKYO —Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s …

Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently

Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did not plan to pay out on the policies and would “vigorously defend” itself against any legal claims. Greensill’s supply chain …