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Attacks on Red Sea vessels have pushed major ocean carriers to divert ships from the Suez Canal, prompting surcharges and extended transit times. Industry experts outline five critical questions shippers must address, from alternative routes and rate trends to cargo exposure and insurance risks.
Mexico's growing role in U.S. supply chains is having a ripple effect into its economy, with some regions and industrial sectors benefiting more than others. Manufacturing in Mexico has seen the production of automobiles, electronics, medical devices, home appliances, equipment and machinery grow in recent years, experts told Supply Chain Dive. The changes, which come as companies consider nearshoring production, have also driven logistics companies to increase their investments in offices or freight routes.
As U.S.-China trade relations deteriorate, manufacturers are increasingly turning to Vietnam as an alternative production hub. The country has drawn significant investment from global tech giants, backed by government incentives, free trade agreements, and a competitive labor market. Vietnam aims to boost manufacturing's share of GDP to 30% by 2030, focusing on supporting industries to build a resilient domestic supply chain.
Rising commercial property insurance costs, driven by climate-related disasters, are pressuring CFOs. Experts recommend five steps: reassessing risk tolerance, deepening insurer partnerships, investing in loss prevention, exploring parametric insurance, and leveraging data analytics.
The Connecticut Public Utilities Regulatory Authority (PURA) has issued the final decision for the first phase of performance-based regulation (PBR), aiming to achieve policy goals and lower electricity rates, but utility companies such as Eversource warn that the current regulatory environment may be too stringent, harming investor capital attractiveness. The two sides have clear differences on core issues such as controllability and revenue mechanisms.
To achieve the 2035 power decarbonization goal, the United States is accelerating deployment of long-duration energy storage technologies beyond lithium-ion batteries. Since 2019, global long-duration energy storage projects have attracted over $58 billion in investment. Emerging solutions such as zinc-based, iron-air, hydrogen, and gravity storage are making progress in regulatory pilots and commercialization, but supply chains, infrastructure, and scalability remain key challenges.
Amid a severe backlog of interconnection requests from U.S. generators, ERCOT's "connect and manage" interconnection model has become a focus of reform. This model only studies local upgrade needs and addresses grid bottlenecks through market redispatch and curtailment, shortening the interconnection cycle to 1-2 years. From 2021 to 2022, ERCOT interconnected 14.2 GW, while PJM interconnected only 5.6 GW during the same period. However, experts point out that this model still faces challenges in operational issues such as voltage stability and short circuits, as well as transmission planning, making direct transplantation to other markets difficult.