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, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Intel, Ford Urge Tax Benefits for Chips, US Manufacturing
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.
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, 2021IHS 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.
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.
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.
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.
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.
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.
UPS Ships Out First Batch of Johnson & Johnson Vaccine
UPS Inc. began shipping out its first batch of Johnson & Johnson vaccines March 2, now that the single-dose vaccine for the coronavirus has emergency use authorization.