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CK Hutchison Rules Out Ports Deal Being Completed This Year

The deal covers 43 of CK Hutchison’s ports, including two in the strategic Panama Canal. 

August 15, 2025

Crocs Invests $80M in Nevada for US E-Commerce Hub

This venture was announced without fanfare by the Nevada Governor’s Office of Economic Development within a notice about seven companies receiving $11.2 million worth of tax abatements.

August 14, 2025

Truck Driver Recruitment and Retention Face Q2 Headwinds

The Q2 2025 Driver Recruiting and Retention Data Download report found that the pool of truck drivers declined in the second quarter even as the number of job postings grew.

August 14, 2025

Tariff Confusion Drives Record Volume at Los Angeles Port

The spike in July was due to traders rushing to front-load their cargo to be able to reach U.S. stores before Trump’s import duties take effect, said Executive Director Gene Seroka.

August 14, 2025

Outpost Unveils New Gate Automation Platform

The platform uses computer vision and artificial intelligence to cut costs, improve yard security and automatically capture more gate events with auditable data.

August 14, 2025

Performance Food Sees ‘No Basis’ to Engage With US Foods

Last week, US Foods urged Performance Food to accept its invitation to explore a merger.

August 13, 2025

Fleet-Tracking Startup Motive Picks JPMorgan for US IPO

The startup is generating about $500 million of annualized recurring revenue from its more than 100,000 customers.

August 13, 2025

Amazon to Offer Same-Day Grocery Deliveries in 2,300 Cities

Amazon’s expansion of same-day delivery suggests the company believes it can shift more food spending online.

August 13, 2025

Panama Canal to Enter Ports Business as Trump-China Feud Stews

The Panama Canal is planning to enter the ports business with a tender for two terminals, a move that comes amid a high-profile clash between the U.S. and China over the waterway.

August 12, 2025

Bankrupt Del Monte Tweaks Auction Rules to Attract Bids

Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.

August 12, 2025