{"id":2134,"date":"2025-05-12T15:55:38","date_gmt":"2025-05-12T22:55:38","guid":{"rendered":"https:\/\/global.craft.co\/?p=2134"},"modified":"2025-05-12T15:55:38","modified_gmt":"2025-05-12T22:55:38","slug":"the-risk-savvy-report-april-22-may-12-2025","status":"publish","type":"post","link":"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-april-22-may-12-2025\/","title":{"rendered":"The Risk Savvy Report: April 22 &#8211; May 12, 2025"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Welcome to this edition of <\/span><i><span style=\"font-weight: 400;\">The Risk Savvy Report<\/span><\/i><span style=\"font-weight: 400;\">, where we break down the latest headlines impacting supply chains around the world. Below are alerts from April 22 &#8211; May 12, 2025, from shifting tariff policies and rising bankruptcy risks to labor unrest and port disruptions.<\/span><\/p>\n<p><a href=\"https:\/\/global.craft.co\/subscribe\/\">Subscribe to our newsletter<\/a> for updates.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2>The Latest on Tariffs<\/h2>\n<p><a href=\"https:\/\/apnews.com\/article\/china-us-switzerland-tariffs-negotiations-b3f5174d086e39b2522ab848ddad9372\"><b>US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The U.S. and China have agreed to a 90-day pause in escalating tariffs, easing import costs and boosting short-term market confidence. While both sides rolled back major duties, analysts warn the truce is fragile, leaving manufacturers and logistics providers uncertain about future trade dynamics<\/span><\/p>\n<p><a href=\"https:\/\/www.inc.com\/bruce-crumley\/why-u-s-ports-are-emptying-out-before-tariffs-hit-harder\/91186697\"><strong>U.S. Ports Empty Ahead of Tariff Spike<\/strong><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Importers are racing against the clock, front-loading shipments to avoid impending tariff increases. This early rush has led to a sudden drop in current port activity, with facilities across the U.S. reporting empty berths and falling container volumes.<\/span><\/p>\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/maersk-us-china-trade-war-154543261.html?guccounter=1\"><b>Maersk: US-China Trade War Will Reshape Global Container Demand<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Shipping giant Maersk has issued a stark warning: escalating tensions between the U.S. and China may lead to a global decline in container demand. The shift could force realignment of shipping routes and logistics strategies worldwide.<\/span><\/p>\n<p><a href=\"https:\/\/www.nbclosangeles.com\/news\/local\/ports-of-los-angeles-long-beach-44-percent-drop-in-docked-vessels\/3694112\/\"><b>LA &amp; Long Beach Ports See 44% Drop in Docked Vessels<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">America\u2019s busiest port complex is facing a sharp slowdown, with a 44% decrease in vessel traffic reported. Analysts attribute the drop to a combination of front-loaded imports and longer-term demand uncertainty tied to tariff escalation.<\/span><\/p>\n<p><a href=\"https:\/\/www.local10.com\/news\/local\/2025\/05\/05\/how-trump-tariffs-could-impact-goods-arriving-to-south-floridas-major-shipping-ports\/\"><b>South Florida Ports Face Tariff Pressure<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Tariff changes are expected to significantly alter import volumes at South Florida\u2019s major shipping gateways. Stakeholders are bracing for longer customs processing times, rising costs, and rerouted shipments.<\/span><\/p>\n<p><a href=\"https:\/\/global.craft.co\/resource\/five-steps-to-successfully-navigate-tariffs\/\"><em>Learn more about how to successfully navigate tariffs.<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2>Bankruptcies &amp; Financial Risk<\/h2>\n<p><a href=\"https:\/\/www.krem.com\/article\/news\/nation-world\/rite-aid-stores-closing-list-2025\/507-3251e502-b063-4b6c-9245-779501adf6d8\"><b>Rite Aid Files Second Bankruptcy, Shuttering Nearly 50 Stores<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Pharmacy chain Rite Aid has entered bankruptcy for the second time, announcing the closure of close to 50 stores nationwide. The move highlights ongoing turbulence in retail supply chains and the challenges of balancing rising operating costs with shifting consumer behavior.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\"><em>Identify high-risk suppliers in your supply chain. <a href=\"https:\/\/global.craft.co\/solution\/supplier-intelligence\/\" rel=\"noopener\">Learn about supplier intelligence with Craft.<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h2>Supply Chain &amp; Freight Issues<\/h2>\n<p><a href=\"https:\/\/www.fidelity.com\/news\/article\/company-news\/202505080303RTRSNEWSCOMBINED_L8N3RG0JM_1\"><b>Maersk Warns of Declining Container Volumes Amid Trade Tensions<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">In a follow-up to earlier statements, Maersk doubled down on its forecast of shrinking global container volume, signaling potential challenges for port operators, freight forwarders, and carriers reliant on East-West trade lanes.<\/span><\/p>\n<p><a href=\"https:\/\/www.theweek.in\/wire-updates\/international\/2025\/05\/09\/fes9-singapore-sea-robberies.html\"><b>6 Sea Robberies in Singapore Strait Raise Maritime Security Alarms<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">A spike in sea robberies\u2014six reported incidents in April alone\u2014has prompted new concerns over maritime safety in the Singapore Strait\u2019s Phillip Channel, a critical shipping artery. Vessel operators are being urged to heighten onboard security protocols.<\/span><\/p>\n<p><a href=\"https:\/\/www.nbclosangeles.com\/news\/local\/shipping-slowdown-expected-to-impact-trucking-jobs-at-la-ports\/3693756\/\"><b>LA Port Trucking Jobs at Risk as Shipping Slows<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">With vessel calls down sharply, the slowdown is now hitting downstream logistics. Trucking companies serving the Ports of Los Angeles and Long Beach are reporting reduced hours and looming layoffs as freight volumes decline.<\/span><\/p>\n<p><span style=\"font-style: italic;\">Get configurable alerts for the supplier risks that matter most to your supply chain? <\/span><a style=\"font-style: italic;\" href=\"https:\/\/global.craft.co\/solution\/supplier-risk-management\/\" rel=\"noopener\">Learn more about Supplier Risk Management from Craft.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>We hope these insights have enhanced your understanding of supplier risk in the global supply chain, making you evermore risk savvy.<\/p>\n<p><a href=\"https:\/\/global.craft.co\/subscribe\/\">Subscribe to our newsletter<\/a>\u00a0for more insights.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to this edition of The Risk Savvy Report, where we break down the latest headlines impacting supply chains around the world. Below are alerts from April 22 &#8211; May 12, 2025, from shifting tariff policies and rising bankruptcy risks [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":2136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/pt-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,52],"class_list":["post-2134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement-and-supply-chain","category-risk-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.3 (Yoast SEO v25.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Risk Savvy Report: April 22 - May 12, 2025 | Craft.co<\/title>\n<meta name=\"description\" content=\"Stay ahead of supplier risk with Craft&#039;s &quot;Risk Savvy Report,&quot; covering important risk signals from financial risk, labor strikes, and ESG.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-april-22-may-12-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Risk Savvy Report: April 22 - May 12, 2025\" \/>\n<meta property=\"og:description\" content=\"Stay ahead of supplier risk with Craft&#039;s &quot;Risk Savvy Report,&quot; covering important risk signals from financial risk, labor strikes, and ESG.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-april-22-may-12-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Craft.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/craftdotco\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-12T22:55:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/global.craft.co\/wp-content\/uploads\/2025\/05\/Risk-Savvy-Header-High-Quality-8.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liliana Munoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@craftdotco\" \/>\n<meta name=\"twitter:site\" content=\"@craftdotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liliana Munoz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-april-22-may-12-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/global.craft.co\/blog\/the-risk-savvy-report-april-22-may-12-2025\/\"},\"author\":{\"name\":\"Liliana Munoz\",\"@id\":\"https:\/\/global.craft.co\/#\/schema\/person\/4f3473ed2ca1a82c9b5b86467f4eaf64\"},\"headline\":\"The Risk Savvy Report: April 22 &#8211; 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