The world’s largest shipping hubs are suffering elevated levels of congestion as containers pile up at seaports from Singapore to Greece’s Piraeus.
November 2, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Sinking Auto Steel Demand Reveals Cracks in Robust US Market
The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders of high-end metal used by automakers.
November 2, 2021GXO Releases First Quarterly Earnings Report
GXO Logistics released its first earnings report Nov. 1 after becoming an independent company.
November 1, 2021Wheat Price Surge Threatens to Speed Up Food Inflation
Benchmark wheat in Chicago climbed above $8 a bushel for the first time in almost nine years amid growing inflation pressures that threaten to raise already soaring food prices worldwide.
November 1, 2021New Arcapita Venture to Invest $2 Billion in US Warehouses
A new joint venture between alternative investment firm Arcapita Group Holdings and Arden Group plans to acquire $2 billion worth of industrial property assets in the U.S. as capital pours into niche real estate sectors amid the global pandemic.
November 1, 2021Vertical Cold Storage Acquires Liberty Cold Storage
Vertical Cold Storage announced it is acquiring Liberty Cold Storage from West Liberty Foods. Terms of the transaction are not public.
November 1, 2021West Coast Ports, Dockworkers Face 2022 Clash Amid Port Snarls
With a near-record 75 containerships waiting outside the U.S.’s largest port complex in Southern California, unionized dockworkers have strengthened their indispensable role in the supply chain.
November 1, 2021J.B. Hunt Adds Digital Freight Matching Within SAP ERP
J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.
November 1, 2021Manufacturing Growth in US Eases as Supply Chain Issues Linger
Persistent supply chain challenges continued to weigh on U.S. manufacturers in October, lengthening supplier delivery times and bloating a measure of inventories.
November 1, 2021Cargo Transporters Announces Pay, PTO Increases for Drivers
Cargo Transporters instituted its third, and largest, driver pay and compensation increase for 2021, the carrier announced Oct. 27.
October 29, 2021