supply chain News

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 …

FDA Details Problems at Plant Behind Recalled Baby Formula

WASHINGTON (AP) — Baby formula maker Abbott failed to maintain sanitary conditions and procedures at the Michigan manufacturing plant recently linked to a cluster of infant illnesses, according to findings released Tuesday by federal safety inspectors. The Food and Drug …

East Coast Ports Rushed to Attract Mega Ships. Now, One Is Stuck Outside D.C.

The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the …

The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report

Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according a new …

Drop in Cargo Thefts Follows Spike During Pandemic Lockdowns

A rash of railcar thefts in the Los Angeles area may have given a different impression, but nationally the number of reported cargo thefts dropped by 15% in 2021 compared to the prior year, according to CargoNet’s annual Supply Chain …

Tarnished Gold: Illegal Amazon Gold Seeps Into Supply Chains

SAO PAULO (AP)–The medals were billed as the most sustainable ever produced. To match the festive spirit of South America’s first Olympics, officials from Brazil, the host country for the 2016 games in Rio de Janeiro, boasted that the medals …