supply chain News Updates

Government, Business, Technology, Safety

Cyber Official Warns ā€˜American Way of Life’ at Risk From Hackers

A top U.S. cybersecurity official offered a dire warning to members of Congress Nov. 3, saying the ā€œAmerican way of lifeā€ faces serious risks amid the drumbeat of ransomware attacks and physical threats to the nation’s critical infrastructure.

November 3, 2021
Government, Business, Technology

Fifty Years in Idle Time Seen for Trucks at Two Major US Ports

Trucking trips originating around the country’s busiest ports are showing massive increases in idle time, another sign of the supply chain logjams plaguing American transport hubs.

November 3, 2021
Government, Business, Logistics

CMA CGM Near Deal to Buy California Terminal Operator

CMA CGM SA, one of the world’s largest shipping companies, agreed to buy Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, in a deal with an enterprise value of $2.3 billion.

November 3, 2021
Business, Top 100, TCA

Walmart to Hire Drivers, Supply Chain Workers in N.Y. Capital Region

Retail giant Walmart plans to hire thousands of ā€œsupply chain associatesā€ nationwide ranging from warehouse workers to truck drivers during a job fair Nov. 3-4.

November 2, 2021
Government, Logistics

USDOT, California Announce Supply Chain Strategic Partnership

With the Biden administration seeking remedies to ameliorate freight connectivity concerns related to the national supply chain, the U.S. Department of Transportation announced a partnership with agencies in California.

November 2, 2021
Business, Logistics, Top 50

Maersk Sees Global Shipping Markets Staying Tight Into 2022

A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.

November 2, 2021
Business, Logistics

Ship Queues Worsen Port Delays From Singapore to Greece

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, 2021
Business, Logistics

West 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, 2021
Business, Logistics

Amazon’s Holiday-Quarter Sales Forecast Suggests Pandemic Boom Is Over

Amazon .com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade.

October 28, 2021
Government, Business, Logistics

Biden Port Envoy Vows Alliance Will Help Break California Logjam

President Joe Biden’s point-person for clearing the supply chain bottleneck in southern California hailed a new agreement that will fast-track multiple logistics projects in the Golden State.

October 28, 2021