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BusinessEquipmentLogistics

Port of Oakland Cargo Down 14% Year-Over-Year in October

Shipping backups at the adjacent ports of Los Angeles and Long Beach are having a significant impact on the Port of Oakland, nearly 400 miles up the California coast.

December 1, 2021
BusinessLogistics

Maersk Heads for Record Profits, Gives $80 Million to Employees

A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping company heads for record profits this year.

December 1, 2021
BusinessLogistics

Korean Exports Head for Record on Holiday Demand, Higher Prices

South Korea’s exports are on track to post an annual record, buoyed by year-end holiday demand and higher product prices even as supply chain bottlenecks continued to pressure manufacturers.

December 1, 2021
BusinessLogistics

Broken Supply Chains Threaten Ruin at a Growing Number of Small Firms

A growing cohort of smaller companies that survived the cold depths of the pandemic say now they’re in danger because the economy is too hot.

December 1, 2021
GovernmentBusinessLogistics

Biden Puts Focus on Infrastructure Amid New Virus Concerns

President Joe Biden is visiting a Minnesota community college Nov. 30 to highlight how his $1 trillion infrastructure law will create jobs and help train workers.

November 30, 2021
GovernmentBusinessLogistics

Expansion Underway for Baltimore’s Howard Street Tunnel

Federal officials, Maryland Gov. Larry Hogan and a host of other stakeholders said expansion of the 126-year-old, 1.7-mile Howard Street Tunnel in Baltimore is long overdue.

November 30, 2021
GovernmentBusinessSafetyLogistics

Washington State Sees More Flooding as Next Storm Approaches

Localized flooding in Washington state from another in a series of rainstorms doesn’t appear to be as severe as an extreme weather flooding event earlier in the month.

November 30, 2021
GovernmentBusinessSafetyLogistics

South Dakota Freight Project Awarded $22M USDOT Grant

The South Dakota Department of Transportation was recently awarded a federal grant for a corridor essential to the region’s flow of freight, the U.S. Department of Transportation announced.

November 30, 2021
GovernmentBusinessSafetyLogistics

Canada Sees Timber Shipments Slump on British Columbia Floods

West Fraser Timber Co. Ltd., one of Canada’s largest lumber producers, said shipments plunged about 25% to 30% in the second half of the month following severe flooding in British Columbia.

November 30, 2021
GovernmentBusinessLogisticsPrivateTop 100

Biden Meets With CEOs of Walmart, CVS on Holiday Supply Chain

President Joe Biden said his administration has made strides toward relieving U.S. supply chain disruptions, as he met Nov. 29 with the leaders of major retailers including Walmart Inc. who assured him they have ample inventories for the holiday season.

November 29, 2021