The world’s second largest manufacturer of electrical components has announced a 20-week delay for “engineered-to-order” (ETO) components. Schneider Electric produces electrical products that are absolutely critical for daily life: things like electrical infrastructure, industrial automation, programmable logic controllers (PLCs), and so much more rely on parts made by Schneider Electric – without them, the world […]

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Australia’s second-largest port operator has been hit by a cyberattack that paralyzed maritime freight movement Down Under. Australian Federal Police are said to be investigating the cybersecurity incident, which took down container terminals in Sydney, Melbourne, Brisbane and Fremantle. DP World Australia, which controls about 40 percent of Australia’s maritime freight industry, was forced to […]

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A severe drought is threatening to disrupt shipping on the Panama Canal, the crucial waterway responsible for transporting 40 percent of the world’s cargo ship traffic. An estimated two-thirds of the canal’s traffic is either headed for or leaving the United States. The products that typically ship through the canal include petroleum products, grains, canned and refrigerated foods, […]

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