Bulk carriers waiting to dock in China
HIGHLIGHTS Shanghai implemented a city-wide lockdown, 477 huge cargo ships dotted the seas outside Chinese ports Trucking was also impeded ...
Toyota cuts ‘22 forecast for new car sales in the US
HIGHLIGHTS The global semiconductor chip supply chain has previously been hit hard by the Covid-19 pandemic, causing the automotive industry ...
Shipping giant CMA CGM and the acquisition of GEFCO
HIGHLIGHTS Russian Railways and Stellantis divested on GEFCO, CMA CGM announced takeover of GEFCO by buying back nearly 100% of ...
UPS: Putting e-bikes to the test in urban delivery
HIGHLIGHTS EQuad is legal to use on bike lanes and can also enter pedestrian zones, increasing mobility performance compared to ...
GEODIS announces that it has successfully signed a contract to acquire Keppel Logistics
HIGHLIGHTS GEODIS signed a binding agreement to acquire Keppel Logistics. This acquisition will mark a major development step of GEODIS ...
Imported goods from China are slow to arrive. How do Vietnamese businesses handle it?
HIGHLIGHTS The volume of goods transported from China to Vietnam accounted for 35% of total multimodal import and export orders, ...
Canceling flights from Shanghai: Putting more pressure on air freight
HIGHLIGHTS Crane Worldwide Logistics will likely adjust their schedules at the last minute without notice. Chinese carriers to/from Los Angeles, ...
Four FedEx Supply Chain facilities closed as customer contracts expire
HIGHLIGHTS FedEx Supply Chain is going to put an end to the operation of several facilities this year. Not only ...
New Balance increases production in the US amid supply chain difficulties
HIGHLIGHTS: New Balance has opened another manufacturing facility in Methuen, Massachusetts. This 80,000 square foot space cost the company $20 ...
Paying $710m, STG Logistics endeavours to acquire XPO’s intermodal arm
HIGHLIGHTS XPO is planning to spin-off its freight brokerage unit from its less-than-truckload operations XPO's intermodal segment is the third-largest ...
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