Port Operator DP World Buys Syncreon in $1.2 Billion Deal
One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.
July 1, 2021Supply & Demand: How Ports Operate in a Stretched Supply Chain
For the last nine months, ports have seen record container volumes with movement limited and more supplies needed. As a lynchpin of our supply chain, managing a port requires high-functioning information systems to predict and plan for supply and demand as well as communicating with every link in the value chain.
June 29, 2021Ports on Both Coasts Continue Record-Setting Levels in May
The nation’s ports remained very busy in May, as high shipment volume continued to flow through facilities on both the Pacific and Atlantic coasts at a record-setting pace.
Here’s Why You Should Christmas Shop Early
If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because by some metrics they’re both getting worse.
NRF Seeks Meeting With Biden Over Port Congestion Issues
Congestion and delays in the supply chain continue to be a major headache for the nation’s retailers and now the National Retail Federation has asked President Joe Biden for a face-to-face meeting to discuss what can be done to improve the long delays.
Ports on Both Coasts Continue Record-Setting Runs in April
The nation’s ports reported record container volumes in April as the U.S. economy continues its strong recovery from the COVID-19 pandemic.
Pacific, Atlantic Coast Ports Set TEU Records in March
On both coasts, the nation’s ports continued their record pace for container volumes in March as goods keep coming into the U.S., nearly 14 months into the COVID-19 pandemic.
Illinois Makes $110 Million Available for Public Port Projects
Illinois officials announced $110 million is available for projects to improve public ports across the state.
GSC Logistics Plans to Add Truck Drivers
GSC Logistics plans to bring in 100 additional drivers by the summer to transport cargo containers, the company announced March 31.
April 2, 2021US House Transportation Leaders Press Biden for Ports Funding
The leadership of the transportation committee at the U.S. House of Representatives is calling on the White House to prioritize a fund used to back maintenance projects at the country’s ports.