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Virus
UPS Readies Freezer Farms to Ship Virus Vaccine — If We Get One | 2020-08-04
United Parcel Service Inc. is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe. The facilities, under construction in Louisville, Kentucky, and the Netherlands, near UPS air hubs, will house a
China Virus Crisis Roils Supply Chains for Global Manufacturers | 2020-02-10
Less than a month into the health crisis that began in China, supply chain disruptions are showing up around the world, from automakers to mobile-phone producers to energy companies. As the human toll from the novel coronavirus continues to rise, with more than 31,000 infected and hundreds dead, the impact on global industry is spreading
Commodity Shippers Face ‘Crisis in Demand’ on Virus Outbreak | 2020-02-07
The global commodity-shipping industry faces an extremely challenging quarter as the impact of the coronavirus outbreak in China adds to other headwinds including seasonally low demand and the impact of recent fuel-rule changes, according to IHS Markit. The spreading health emergency in Asia’s top economy, the world’s largest importer of iron ore, has sent shock
Virus Endangers Parts Supply for Already-Embattled Car Industry | 2020-02-05
The global car industry is facing a stress test as the coronavirus outbreak in China disrupts the supply of components from transmissions to steering systems. Parts manufacturers across China have suspended production through this week and in the case of Hubei province, the outbreak’s epicenter, factories will remain shut until Feb. 13 or later. That
China’s Steel Sector Braces as Virus Impacts Top Producer | 2020-01-30
The world’s top steelmaker is wrestling with the effects of the deadly, rapidly spreading virus that’s seen impacting labor, logistics and demand across China. “The human impact has significant logistical implications for both transactions and physical movements throughout the steel value chain in China,” according to Andrew Glass, founder of Avatar Commodities Pte and formerly
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