Amazon .com Inc. was among the biggest contributors to the Nasdaq 100 Index’s 4.5% gain for the week ending Jan. 13 as the market regains its appetite for risk.
January 13, 2023Search
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Cold Storage Facility to Be Built Near Port of Charleston
South Carolina has captured a $49.9 million deal for a cold storage warehousing and logistics company to set up operations near the Port of Charleston, Gov. Henry McMaster announced.
January 12, 2023COVID's Impact on Shopping, Supply Chain Remains Profound
WASHINGTON — The coronavirus pandemic had a profound impact on how shopping and supply chains operate, experts said Jan. 10 during a session at Transportation Research Board’s annual meeting.
January 12, 2023Trucking Demand Growth Increases Land Management Concerns
WASHINGTON — The increase in demand for freight transportation is adding strain on land management, experts said during a session at the Transportation Research Board’s annual meeting Jan. 11.
January 11, 2023Congestion Easing at Ports, Along Southern Border, TRB Speakers Say
WASHINGTON — Nearly three years after the beginning of the COVID-19 pandemic, global supply chains and international ocean carriers have seen cargo volumes return to pre-pandemic levels.
January 11, 2023Multiple Factors Turn California Ports Into ‘Dormant Volcano’
A year ago in early January, a record 109 containerships carrying U.S. imports surrounded the twin ports of Los Angeles and Long Beach, Calif. — as of today, the queue is gone.
January 11, 2023Nova Subsidiary Harbor Logistics Acquires ATS Logistics
Middle-market infrastructure investment firm Nova Infrastructure announced that Harbor Logistics, one of Nova’s existing portfolio companies, acquired ATS Logistics Inc., a provider of transportation and warehousing services in Charleston, S.C.
January 11, 2023FedEx to Shrink Sunday Delivery Service to 50% of US
FedEx Corp. plans to scale back even more on Sunday package deliveries as the courier grapples with faltering e-commerce demand.
January 10, 2023Labor Disruptions at Ports Quadrupled Globally in 2022
Labor unrest took an unusually heavy toll on ports around the world in 2022, and the outlook for continued economic instability could bring even more upheaval to global supply chains in 2023.
January 10, 2023Amazon Expands Prime Service to More Stores
Amazon.com Inc. is expanding a program that lets Prime subscribers use the company’s speedy delivery service when shopping on other websites.
January 10, 2023