How cargo thieves trick businesses by posing as legitimate truckers
Investigators say criminals are able to intercept goods along the supply chain by impersonating real companies.
Supply Chain
How cargo thieves intercept truckloads of goods
A sheriff's department in Southern California announced the arrests of a dozen people accused of stealing millions of dollars in goods through a cargo theft ring that used legitimate trucking companies as cover. But the goods they stole represent just a drop in the bucket of a nationwide problem. Carter Evans reports.
When customers return high-end fashions
Roughly a third of apparel purchases may end up as returns, and high-end stores may not be the final resting place for high-end fashions. In this web exclusive, correspondent Rita Braver talks with supply chain logistics expert Dale Rogers about what happens when customers bring stuff back.
Walmart, Target CEOs warn Trump about tariffs
President Trump continues to defend his sweeping tariffs on foreign goods, but on Tuesday he said the 145% import taxes on some Chinese products would "come down substantially." CBS News' Aaron Navarro and Kelly O'Grady have more.
Funding cut for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local suppliers. Marcia Brown, food and agriculture reporter at Politico, joins "The Daily Report" to break it down.
Is toilet paper affected by the port strike? Here's what to know.
People on social media are posting photos of empty store shelves as concerns mount over the strike's impact on bathroom tissue supplies.
Short-term dockworkers, port owners deal made
Dockworkers and port owners reached a tentative agreement Thursday after a strike shut down 14 ports along the East and Gulf coasts. They will negotiate a permanent contract on Jan. 15, 2025, a source said. New York Times global economics reporter Peter Goodman joins CBS News to discuss the deal.
What striking dockworkers are demanding
Port strikes in the U.S. entered a third day as dockworkers continue demanding better pay and limits to automation for their new contract negotiations. International Longshoremen's Association Local 333 President Scott Cowan tells CBS News Baltimore's Tara Lynch what it would take to end the strike.
More on dockworkers' automation concerns
U.S. dock workers on the East and Gulf coasts have been on strike for two days with no union deal in sight. The workers are demanding wage hikes and a complete ban on the use of automated cranes, gates and container-moving trucks in unloading or loading freight. CBS News' Nancy Chen has more on their concerns.
Dockworkers strike could cost billions a day
About 25,000 dockworkers from Boston to Houston went on strike over higher pay and stronger guardrails around their jobs being automated out of existence. CBS News senior business and technology correspondent Jo Ling Kent reports on the economic impact.
Dockworker strike would have major economic impact
A dockworker strike is threatening America's Atlantic ports, and if you're looking for a safe harbor, there may not be one. If the walkout goes on for more than a few days, consumers could start feeling the impact. Kris Van Cleave reports.
East Coast dockworkers poised to begin strike
Thousands of dockworkers are poised to walk off the job Tuesday, as their union and the U.S. Maritime Alliance remain at an impasse in negotiations. The work stoppage is expected to involve 14 ports and roughly 25,000 workers. CBS News senior transportation correspondent Kris Van Cleave unpacks the strike's potential financial impact.
Why dockworkers are threatening to strike
Major shipping ports along the East Coast could shut down as early as next week due to a labor dispute. Tens of thousands of dockworkers have threatened to go on strike if their union cannot reach a deal to renew their contract with the operators of those ports. Lisa Baertlein, transportation correspondent for Reuters, joins to break down the stakes.
Potential disruptions for supply chain
Dockworkers could strike at ports across the U.S. East and Gulf coasts, affecting the country's supply chain. Ayelet Sheffey, a senior economic policy reporter with Business Insider, joins CBS News with more details.
How drug shortages can make or break a patient's recovery
More than 300 medicines are in short supply, including treatments for the side effects of chemotherapy, which can hugely affect a patient's recovery. Here's how.
Why is the global supply chain so fragile?
The COVID-19 pandemic dislodged the global supply chain, but the vulnerabilities in the system had already been building up for decades. A new book titled "How the World Ran Out of Everything" examines how the health crisis exposed the fragility of a system that was always at risk of collapse. Author Peter Goodman joins to discuss.
Houthi attacks disrupting global supply chain
A surge of attacks from Yemen's Iranian-backed Houthi rebels on ships traveling through the Red Sea continues to disrupt the global supply chain. U.S. officials say the attacks are driving up prices and delaying critical humanitarian aid deliveries. CBS News reporter Zak Hudak dives deeper into the supply chain effects.
Why cocoa prices are soaring to record levels
Higher cocoa prices are hitting chocolate lovers' wallets. CBS News reporter Taurean Small explains what's driving the increase, and what chocolate brands are doing to adapt.
Economic impact of Biden's new China tariffs
The White House announced new tariffs on Chinese imports Tuesday as part of an effort to protect U.S. businesses. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess the policy changes.
Next steps in Key Bridge recovery
Officials have peeled open a temporary passageway to let smaller vessels cross the section of the Patapsco River once spanned by the Francis Scott Key Bridge. CBS News homeland security and justice reporter Nicole Sganga has more.
Navy supplying 4 cranes for bridge clean up
Maryland Gov. Wes Moore and other officials gave an update Friday on the Key Bridge collapse, announcing the U.S. Navy is supplying four heavy lift cranes to help clear the wreckage. The governor emphasized the "mission isn't just about Maryland" because the economic impacts affect the entire U.S. as the port of Baltimore is responsible for more cars and farm equipment than any other port in the country.
Recovery efforts continue for bridge workers
Officials are continuing efforts to recover six workers who are presumed dead in the Baltimore bridge collapse. CBS News' Kris Van Cleave and Caitlin Huey-Burns have the latest.
Coast Guard: Key Bridge workers presumed dead
The U.S. Coast Guard announced Tuesday evening that the six missing workers in the Baltimore bridge collapse are presumed dead and it is suspending search and rescue efforts. Lynda Tran, former senior adviser to Transportation Secretary Pete Buttigieg, joins CBS News to examine the investigation.
Crises at major canals threaten global trade
Nearly 20% of global trade goes through two canals and both are in crisis. Attacks from the Houthis have slowed Suez Canal traffic, and in Panama, climate is the culprit. Costas Paris, senior reporter at The Wall Street Journal, joins CBS News to explain what the slowdowns mean for the world.
Supply chain issues impact apple farmers
Apple farmers are grappling with unprecedented economic challenges as they prepare for the busy fall harvest. CBS News correspondent Scott MacFarlane explains the long-term effects on the apple industry and how consumers are impacted.
Western leaders say U.S. peace plan for Ukraine needs "additional work"
President Trump said the peace plan is not his last offer as Ukrainian and U.S. officials are set to meet in Geneva for negotiations.
Israel launches strikes in Gaza after reported attacks against IDF troops
Health officials in Gaza reported at least 14 people killed and another 45 wounded, including children.
G20 summit in South Africa adopts declaration despite U.S. boycott
South Africa promoted it as a victory for the first G20 summit to be held in Africa and its aim to put problems, especially affecting poor countries, at the top of the agenda.
Brazil's Bolsonaro arrested days before starting 27-year prison sentence
Brazil's federal police arrested former President Jair Bolsonaro, who was convicted of leading a coup attempt.
One dead, 8 wounded in 2 shootings in Chicago's downtown Loop district
The shootings took place on a bustling night, with huge crowds packing downtown Chicago for the Christmas tree lighting and the first night of Christkindlmarket.
Rep. Marjorie Taylor Greene says she's resigning from Congress
Rep. Marjorie Taylor Greene of Georgia announced Friday she will resign from Congress early next year.
Trump-Mamdani meeting marked by surprising moments of praise
President Trump and NYC Mayor-elect Zohran Mamdani have hurled attacks at each other for months — but on Friday, they seemed to hit it off.
Los Angeles Clippers' Chris Paul hints as retirement after the season
In a post to social media, Paul said he was grateful "for the last one."
Hundreds of children abducted from Nigerian Catholic school, days after similar crime
The latest abduction comes as the White House has expressed concern about ongoing violence against Christians in the West African nation.