Pentagon Press Pass Rendered Useless After NYT Lawsuit
Y’all don’t know the half of it. I met with the recently fired Secretary of the Navy before his confirmation, and I had repeated contact with his staff. The reforms they planned were revolutionary. The day before he was fired, he held a press conference. I was deliberately excluded. The owner of the most-read maritime and Navy website in the world, and his most vocal supporter, frozen out. And not just from his remarks. His staff pushed me out of everything. People who left naval journalism years ago were invited to host panels at the conference. I’m honestly surprised my press pass wasn’t canceled. My Pentagon press pass has been rendered nearly worthless. The NYT lawsuit forced SECWAR to kick every reporter out of the press corridor. When the pass was issued, we were told the whole point was to get reporters out of the building and onto the bases, talking to actual sailors and troops. How many ship visits have I been able to arrange since? One. And only because I was traveling with the SECWAR himself. I’m working on another project I can’t discuss publicly. A simple advisory gig. I was asked in early February. It is now May, and I am still in administrative hold. In the last few weeks I’ve spoken with Tata, Elbridge Colby, Hegseth, and the SecNav team about it. Nobody can budge “the process.” The other people I’m supposed to be working with have been sworn to secrecy, so we can’t even compare notes. A few months ago, I helped an active duty senior officer work through an assignment. The bureaucratic sludge got so bad he gave up. Last week, that same officer was asked to serve as assistant secretary under a different cabinet member. That was handled in days. He has the straight up approval from the White House but, of course, his chain of command won’t approve a TDY, so he needs personal signatures from both SECWAR & SECNAV. I am nobody. But this officer is absolutely vital to our shipbuilding effort: active duty, in good standing, top eval reports. Times were dark for me under Biden. NCIS opened a full investigation on me. I was literally pushed off the stage at the big Navy conference. They watched me closely. But I could still get things done. I could still help Democratic friends land appointments & push bipartisan agendas across the line. Every corner I turn now is blocked. I have traveled with @PeteHegseth. I have friends in very senior positions throughout the Navy & the Pentagon. Everyone takes my calls. Everyone wants to help. There’s no shortage of admirals willing to help either, which genuinely surprised me. But there is always “a process.” And everything I have worked on has stalled inside it. Just entering the building or scheduling a meeting has become its own ordeal. Meanwhile, the literal worst reporter at CNN just filed from an active exercise. And the worst part? I can’t even complain, because the transformation is real. Hegseth, Tata, Colby, Michaels, Doge & Hung Cao are doing excellent work. They are working their asses off to get the warfighters what they need. The operational & procurement reforms are real. But the more I praise them for it, the more “partisan” I get labeled & the bigger the pushback from the blob. I have been reporting on the Navy for almost twenty years. I have never seen anything like it. It is simultaneously the most ambitious operational reform I have ever witnessed & the worst bureaucratic obstruction I have ever encountered on structural change. And Hegseth’s team should prioritize the people on the front line. My concerns are secondary. All I’m saying is Dort is right. The blob has been suppressing everything. That’s their trick. They don’t say no. They don’t block you. They just take days to respond to simple requests. Someone loses your paperwork. The process eats you. I’m dying to share more details but anything negative I say will be used against Hegseth and Cao even though they are fighting tooth & nail to solve these problems.

China’s Chip Imports Surge to $50B, Oil Stalls
If you want to sell to China, it sure helps to make chips -- at least right now. April chips imports topped USD 50b Note the lack of any bounce in oil imports in dollars terms as well 1/ https://t.co/sc6I5sL5uw

China's Vehicle Exports Surge 50% to 12 Million
50% y/y growth in vehicle export volumes pushed China's April vehicle exports to an annualized pace of 11.2 million. Full year exports could reach 12m, passenger car exports are on track to to 10m -- 1/2 https://t.co/7rRg8aSumT
China's April Exports Rise; Import Growth Slows
China's April export shipments rose 14.1% while its imports increased 25.3% in April, below the 27.8% in March. https://t.co/NOYBqEfdgZ
USPS Mulls Shipping Handguns, Raising Safety Concerns
They wake up every morning asking what terrible thing they can think of next. USPS considers allowing people to ship handguns through the mail https://t.co/dUutrx5FwP

US Prioritization Assumption in Hormuz Conflict Proven Wrong
I agree 100% with @ProfTalmadge and noted this major misstep in my recent @AtlanticCouncil column on the energy security lessons so far from the Iran war. @RapidanEnergy's pre-war modeling of a Hormuz conflict assumed the US military would...

Fertilizer Shortage Spikes Potato Prices, Makes $136k Spenders Millionaires
FACT: If you spent $136,000 on potatoes last month, you'd be a millionaire right now. Potato prices have skyrocketed from €2.5 to €18.5 per 100 kg because fertiliser supplies are drying up after the Strait of Hormuz was closed. https://t.co/vyaLL0pKgh

Iraqi Fuel Trucks Cross Syria, Arrive in Spain
Iraqi fuel oil, transported by trucks to the Syrian port of Banyas and then loaded onto an oil tanker, has now reached its final destination in Spain. Hundreds of trucks traveled daily through the western Iraqi desert and across Syria to...

Record 5,000+ Chinese EVs Arrive in Brazil
"A ship from China brought over 5,000 electric cars to Brazil at once: it was the largest operation ever recorded by the port, with 5,101 vehicles disembarking in Paranaguá." https://t.co/64NwDDTaSX
China’s Refined Fuel Exports Hit Decade Low Despite HK Exemption
China's exports of diesel, gasoline, jet fuel other refined fuels fell to the lowest level in a ~decade in April thanks to the export ban. That probably understates the contraction because the trade figures include HK, which is exempted from...
Russia Weaponizes Nuclear Supply Chain, Sparking Global Vulnerability
It is strange how little attention is broadly directed towards how Russia uses nuclear supply chain dominance as a weapon of war and harm. Good piece: https://www.abc.net.au/news/2026-05-08/russia-nuclear-power-diplomacy-and-dependence/106647598
Protectionism Deepens Poverty in Global Crises
Protectionism makes everyone poorer during global shocks via @FT ✍️Dr Ngozi WTO DG @wto https://t.co/FJktdmvyWF
Disrupting Maritime Publishing, yet Still Blocked by Entrenched Power
Yep. Started @gCaptain 20 years ago confident we could close down incumbents that charged ship captains insane subscriptions for paper products. One, @LloydsList, was the longest running publication in print and I thought, we are young, we are California bases, we...

Blocking Iranian Tankers Is Unrealistic, Like Policing Tiny Waters
It’s not stupid to “let” Iranian tankers get thru the blockade if you’re powerless to stop them @BrettErickson28 This is not like guarding a canal. It’s closer to trying to police a small U.S. state’s worth of water https://t.co/o7uBWIKrky
Intel Foundry MFN Deal Points to Nvidia, Not AMD
If you sign with Intel Foundry first, you’ll likely get a MFN deal. Tim Apple is a supply genius. Question is, who will the MFN high performance wafer customer be? Likely Nvidia. (Yes I know the deal they cut but...
AI Drives Local Production, Undermining Globalization
Globalization is a victim of AI (because local production is more cost effective) @marvinjbarth @HooverInst

Register by May 14 to Block Industry Fraud
The FMCSA is doing God’s work and trying to get rid of the riff raff, but needs your help. If you are on active motor carrier, be sure to preregister your information in the portal before May 14th. MOTUS comes out...
Trump Prioritizes Strait of Hormuz Over Iran Negotiations
President Donald Trump has changed his approach as he tries to end the war against #Iran: reopen the Strait of Hormuz at all costs, and leave thorny negotiations on Tehran’s nuclear and ballistic missile programs until later. My story with @Magdalena_971 https://t.co/WbDdDDfzjA
AI Component Shortage Reveals Systemic Supply Chain Fragility
This is yet another example of the far-reaching nature of the AI-driven component crisis. https://t.co/oeB83TsHLc

Local Supplier Myth: Tier‑2 Risks Still Threaten Supply Chains
Big misconception: “Our supplier is not in the region, so we are fine.” Tier-2/tier-3 dependencies + supplier stress can still hit hard. Need to map exposure + contingencies? LMA can help. #SupplyChain #SupplierRisk #RiskManagement #Procurement https://t.co/7GTitVLBW6
US Gov't Intel Stake Soars to $55B Amid Apple Deal
After @WSJ report on @Apple striking preliminary deal to use @intel chips, the US government stake in Intel now worth $55 billion

ASML's $400M Machine Monopoly Drives Skyward Breakout
$ASML blue-sky breakout. These guys sell their semiconductor making machines for $400 million a piece...and they're the only people who can make them.
Apple‑Intel Partnership Hinges on 14A PDK Delivery
Not surprised at all. Apple needs Intel, Intel needs Apple and Apple is one of the few companies with the resources to successfully pull off a real, dual foundry strategy for a single device. An agreement doesn’t mean wafer revenue...
Intel Emerges as Vital Second‑source Foundry Amid Capacity Crunch
Intel is the only foundry, and a now officially viable foundry second source, who has the capacity to expand to meet this DEEP foundry capacity shortage we have in the semiconductor industry. I'd expect any deal with Apple to...
Intel's Apple Chip Deal Was Inevitable After U.S. Investment
$INTC making chips for $AAPL was inevitable from the day the U.S. became an investor. And here we are. 👀

Staying in Comfort Is Risk
4 years ago I had a well-paid sexy job in Dubai, a stable salary, and a career most people would have kept. I quit. I had no product. No revenue. No investors. Just a belief that supply chain professionals deserved better learning...

Nintendo Faces $640M Hit, Switch 2 Costs Rise $40
Nintendo reporting that it expects a 100 billion yen ($640 million) impact this fiscal year (April 2026 - March 2027) as a result of rising component prices and tariffs. Based on the 16.5m unit forecast for Switch 2, that's around...
Latest US‑China Trade Data Signals Shifting Balance
Ahead of the Trump-Xi summit, my take on the most up-to-date US-China trade data 🤓 https://t.co/MAnUlGQUFl
Three Iranian Tankers Struck, Showing Limited Speed and Damage
For those keeping a scorecard on Iranian tankers hit: 1⃣Hasna 2⃣Sea Star III 3⃣Sevda The ships were all in light condition, inbound to Iran. The video of the two latter ships show them to be moving fairly slow, as there is no appreciable wake or...

Tariffs Dominate Business Discussions, Says NC Governor
NC Gov. Stein on corporate investment: "Some of them are still coming, don't get me wrong … but almost every business meeting I have, one of the first topics they bring up is the challenges of tariffs" https://t.co/A8Cfovlh2b https://t.co/NetY7oVnbT
High-Speed Automation Delivers Precise Package Sorting
Precision in Motion: High-Speed #Automated Package Sorting in Action by @amazingthings_ #EmergingTech #Technology #Innovation #Tech https://t.co/Hjv7ashwQf
AI-Driven Memory Shortage Spikes Console Prices
Sony, Nintendo grapple with memory price surge as AI boom constrains supply More collateral damage from US controls on memory... https://t.co/zUdAvKWJsv

Tyson Beef Faces $350‑$500M Loss Amid Cattle Shortage
"Tyson’s beef operations posted a wider loss, and the company expects the segment to lose $350M to $500M in 2026... the severity of the current cattle shortage has sent prices so high that meatpackers are losing money on every animal...
SEG Solar to Launch 4GW US Plant Q3 2026
SEG Solar to open new US 4GW module assembly plant in Q3 2026 #energysky -- via pv-tech: https://t.co/QrJjTm3VT6
US Shoots Down Empty Iranian Oil Tankers
US has disabled another two Iranian unladen oil tankers, this time by firing into their smokestacks, thereby stopping them from crossing into the Persian Gulf. Two days ago, the US also disabled another empty Iranian oil tanker by firing into...

EU Allows Airlines US Jet Fuel Amid Hormuz Blockade
EU to say airlines can use US jet fuel amid Hormuz block https://t.co/ejV7yc5J0O via @E_Krukowska @AlbertoNardelli @JWittels @kate__duffy https://t.co/2oxjn1b2x3

Weekly Reverse News Highlights: DuPont, FedEx, Stellantis
Reverse News for the week ending May 8 is posted on the LTI website. https://t.co/BNZpj7FrYa This week, articles on DuPont, FedEx Freight, Stellantis and more. https://t.co/MS6Aqib3pz
Automation Needed to Return U.S. to Manufacturing #1
The U.S. is already the world’s #2 manufacturing powerhouse. To become #1 again, we need better automation. Make factories more productive, safer, and easier to work in. @goformic is leading that charge:
Finance Ignores Strait Closure, Prioritizes Abstract Reality
Financiers do not seem to care if the Strait is open. Their financial reality precludes physical reality.
Hormuz Tensions Threaten Supply Chains, Risk Demand Collapse
US, Iran Clash Near Hormuz as Response on Proposed Deal Awaited. The longer this goes on, the greater the global economic and supply chain disruption. What about the US? Is there a tipping point from supply shortage to demand destruction?...
DP World Expands Into War‑Risk Shipping Insurance
DP World moves into shipping war risk insurance. Includes Middle East. Covers thru to inland delivery. https://t.co/ADghHSU8zY
Buyers' Power Peaks in 2026—Secure Better Deals
Buyers got a lot more power in 2026… Take advantage of it and get a lot better deals this year. Below are the questions I am asking and things I am doing https://t.co/FLxg2Navyh
Iran Seizes Chinese Tanker Over Iranian Oil Loading
Anybody have Iran seizing Chinese tanker for loading Iranian oil on their Bingo card? https://t.co/nEod0PmPzB
2D NAND Shortage Deepens as Samsung, Micron Exit Market
2D NAND shortage spirals after Samsung, Micron, and rivals exit market $SNDK only up a cool $53 https://t.co/MmmFu9b70X
Iran Plans Rail Route to China to Bypass US Blockade
Iran wants to use rail to China to avoid US port blockade. Now about their oil for China that uses maritime. All the needed tank cars?
China’s 90% Model Redefines Global Industry Landscape
What looks like competition today is actually a shift in how industries are being shaped. In a recent conversation with @shrishtie , we discussed what I call 𝐂𝐡𝐢𝐧𝐚’𝐬 90% 𝐌𝐨𝐝𝐞𝐥. The idea is straightforward. Build capacity to produce up to 90% of...
Trade Court Blocks Trump Tariffs After Supreme Court Reversal
Trade court says “no” to Trump tariffs set after Supreme Court strikes down tariffs from Liberation Day. No what for supply chains?
New Marketplace Simplifies Plastic Procurement and Trading
if anyone owns a plastics factory, pls DM so i can connect you to Bailey he traded millions of tons of plastics and is now building a marketplace to make procurement, trading, credit and freight less painful by moving the...
US Confirms Iranian Shadow Fleet Tanker Detained Under Sanctions
Note the oil tanker Iranian media just said Tehran detained is under US sanctions and belongs to the Iranian own dark fleet. "The Ocean Koi has operated as part of the Iranian shadow fleet since at least 2020," according to...
Trump Says U.S. Oil Exports Need No Restrictions
President Donald Trump said there’s no need for any US export restrictions on oil or jet fuel to address US price increases sparked by the war with Iran. “We don’t need them,” he told reporters Thursday in Washington. “And we have...