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BusinessLogistics

Experts Foresee Strong Demand for Packaged Goods After COVID Subsides

Demand for consumer packaged goods jumped amid the coronavirus, but indications are it will remain elevated even after the pandemic eases.

March 17, 2021
GovernmentBusinessTechnologyLogistics

Intel, Ford Urge Tax Benefits for Chips, US Manufacturing

Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides more incentives for domestic production, representatives from Intel Corp. and Ford Motor Co. said March 16.

March 16, 2021
BusinessSafetyLogistics

Amazon Closes Canadian Facility Hit by COVID

Amazon .com Inc. has been ordered to close a facility outside Toronto for two weeks as public health officials worry about rising COVID-19 cases inside the complex.

March 12, 2021
GovernmentBusinessLogistics

Maersk Is Said to Weigh Sale of $1 Billion Cold Container Unit

A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during the COVID-19 pandemic, according to people familiar with the matter.

March 10, 2021
BusinessLogistics

IHS Expects Trucking Recovery Despite Concerns in 2021

Trucking is likely to see strong gains this year, but risks remain as the economy tries to leave the coronavirus behind, according to IHS Markit.

March 9, 2021
BusinessEquipmentLogistics

Port Officials, Retailers See Congestion Lasting for Months

Long delays at the nation’s ports are causing companies to rethink their long-term strategies about where their products are manufactured and how to get them to customers.

March 9, 2021
BusinessTechnologyLogistics

Uber Freight Expands Procurement Options With Market Access

Uber Freight has launched a new procurement channel that enables shippers to source capacity directly over its freight marketplace.

March 9, 2021
BusinessLogistics

Traffic Volumes Continue to Climb Amid Pandemic

Traffic levels related to freight movement generally have fared better than levels associated with other modes of transportation during the COVID-19 pandemic, but future travel trends remain hard to predict.

March 8, 2021
BusinessLogistics

Amazon Spends $131 Million for Stake in Cargo Airline ATSG

Amazon .com Inc. has scooped up a minority stake in a cargo airline that operates a portion of its fast-growing air-cargo division, the latest sign of the retailer’s long-term ambitions to expand its airfreight operations.

March 8, 2021
GovernmentBusinessLogistics

Export Boom Drives Canada’s Largest Trade Surplus Since 2014

Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports.

March 5, 2021