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The global trade finance gap rose 15% to $1.7 trillion in 2020 as COVID-19 sent shock waves through trade and supply chains, according to a survey conducted by the Asian Development Bank.

A.P. Moller-Maersk A/S said it had to divert some ships from the U.K.’s largest container port because of congestion tied to a trucker shortage that’s clogging the flow of cargo boxes into and out of the country.

The pharmaceutical industry and its transportation partners remain busy with the distribution of coronavirus vaccines.

Bottlenecks that gummed up the global supply chain in 2020 have only gotten worse, and evidence is mounting that the holiday season is at risk.

AUSTIN, Texas — The leader of one of the nation’s busiest seaports said the next several months will severely challenge an already overtaxed supply chain, and the situation has reached a “crisis” level.

Federal lawmakers are working on numerous regulatory and legislative changes that could impact transportation, experts highlighted Sept. 29 at the Coyote Logistics Digital Summit.

Online shoppers will be buying less this holiday season, but spending more.

European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts. Stockpiles of everything from gas to coal and Norwegian water for electricity production are dwindling and there are few signs the situation will improve anytime soon as demand continues to roar back from a pandemic-driven lull.

The federal government needs to invest more in West Coast ports, said the head of the Port of Los Angeles, which is the nation’s biggest gateway to Asia and is grappling with record backlogs.

The U.S. Postal Service is making changes to its express shipping as of Oct. 1 that could delay some mail going across country.