The global pandemic triggered sky-high spending on manufactured goods. This increased spending created a huge bottleneck in the supply chain that could last for years. WIRED takes a look at the journey of a single shipping container; and with the help of supply chain analyst Lora Cecere, breaks down all the roadblocks a shipping container will encounter in 2021 and beyond.
A.M. Edition for Nov. 19. The U.S. House is set to approve Democrats’ $2 trillion social spending and climate bill.
WSJ’s John McCormick explains how President Biden’s spending plans stack up in comparison to the two Democratic presidents who had the biggest social agendas of the past century and whether they will be just as transformational. Peter Granitz hosts.
California’s Port of Los Angeles is struggling to keep up with the crush of cargo containers arriving at its terminals, creating one of the biggest choke points in the global supply-chain crisis. This exclusive aerial video illustrates the scope of the problem and the complexities of this process. Photo: Thomas C. Miller
Amazon is on a spending spree to grow its fleet of planes, vans, semitrucks and drivers in its latest move to compete with FedEx and UPS. Now, it’s using the added capacity to move cargo for outside customers, betting big on the business of third-party shipping while also shipping 72% of its own packages. CNBC talks to former Amazon executives and current customers using the shipping services to find out all about the behemoth’s next big move.
Norway’s grand plan to build the world’s first full-scale ship tunnel is finally going ahead. This is how it’ll be done.
It’s been talked about for years, but now the Stad Ship Tunnel has finally been approved and work will start in 2022. Costing over USD $300M and taking three-to-four years to complete, the project will see a new mile-long shipping route carved under the Stadhavet peninsula at its narrowest point.
Now, we’ve built tunnels for boats before – like on the Canal du Midi in France, but the Norway project takes things to a whole different level – after all there’s a pretty big difference between a small tourist boat and a cruise ship.
Measuring 37 metres high by 26.5 metres wide, and with a depth of 12 metres, the tunnel will be big enough for ships up to 16,000 tonnes to pass through.
This crazy project is the answer to a problem that’s existed for more than a thousand years. Quite literally since the time of the Vikings, traversing the Stadhavet Sea has meant a treacherous journey for boats.
The shipping industry plays a critical role in the global economy, carrying approximately 90% of the total tonnage of world’s traded goods. Shipping propulsion has changed radically since the mid-19th century, from the renewable energy of sail power, to the coal power of steamships, to the predominance of heavy fuel oil and marine diesel oil. But renewable energy technologies could transform the global shipping fleet again, at all levels and scales.