In another sign of how supply chains are being snarled all over the world, a leading U.S. maker of stainless steel was forced to declare force majeure at its Kentucky mill because it can’t get enough of the industrial gases it needs.
July 12, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Top Stainless Steel Maker Roiled by Supply Chain Woes
Werner Introduces New App for Drivers
Werner Enterprises launched a new app to help make work easier for its professional drivers, the company announced July 9.
July 9, 2021Biden Signs Competition Order Targeting Big Business
President Joe Biden signed July 9 an executive order that the White House says will target anti-competitive practices in tech, health care and other parts of the economy while boosting workers’ wages and consumer protections.
XPO Logistics Introduces New Benefits for Driver Trainees
XPO Logistics introduced new benefits for participants in its driver training programs, the company announced July 8.
July 9, 2021Geodis 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, 2021Thousands of Railcars Stuck After Canadian Wildfires
Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port.
US Seeks to Lower Spiking Shipping Costs With Competition
The Biden administration is set to ask regulators to promote competition in the ocean shipping and rail industries after consolidation led to spikes in prices, according to a person familiar with a pending executive order.
Mullen Ramps Up Acquisitions Amid Expansion Plans
Mullen Group recently announced several acquisitions as part of an ongoing strategic plan to grow the Canadian business.
DP World to Buy Imperial Logistics in $890 Million Bet on Africa
DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.
229% Surge in China-US Shipping Costs Drives Inflation Pressure
The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.