Geodis Expands Freight Brokerage Capacity With Velocity Acquisition
Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.
July 9, 2021DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon
DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.
June 30, 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, 2021Labor, Food Shortages in Supply Chain Take Toll on Restaurants
For many restaurateurs across Connecticut, daily deliveries of food have become inconsistent, later than usual and sometimes canceled at the last minute. Part of the problem is a shortage of staff at food purveyors and trucking companies.
Public, Private Groups Pilot Last-Mile Delivery Hub in Seattle
The University of Washington’s Urban Freight Lab, in collaboration with various companies, is piloting a zero-emission hub for last-mile deliveries.
Supply Chain to Remain Backed Up Until 2022, Experts Say
Imported cargo shipments to the U.S. are expected to remain at a record or near-record levels for several more months as consumer spending continues to restart the pandemic-damaged economy. But industry experts say all of that buying is clogging an already overtaxed supply chain.
Biden to Launch Task Force on Bottlenecks in Supply Chains
WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.
Consumer Brands Launches Supply Chain Disruption Task Force
The Consumer Brands Association on June 2 launched a new task force aimed at increasing visibility and easing supply chain pressures.
The World Economy Is Suddenly Running Low on Everything
A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.
May 17, 2021Lumber Hits Record on Tight Supply, High Demand
Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.