March ’24 at-a-glance … supply chain
U.S. ports vulnerable to cybersecurity threats from cranes produced in China
President Biden issued an executive order to protect the cybersecurity of U.S. ports by reducing reliance on cranes made in China. The administration announced a 5-year investment of $20+ billion to upgrade port infrastructure, including domestic cargo crane production. “More than 80% of cranes at U.S. ports are made in China and can be controlled remotely, leaving them vulnerable to espionage and exploitation,” according to the administration.