Extras
Logistics News
Business, Technology, Logistics

Technology Helps Manage Spot Market

Technological solutions are increasingly helping shippers and carriers manage a boisterous business climate in which spot freight plays a prominent role.

Stephen Bennett | Special to Transport Topics
November 2, 2021
Business, Logistics, Top 50

Maersk Sees Global Shipping Markets Staying Tight Into 2022

A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.

November 2, 2021
Business, Logistics

Ship Queues Worsen Port Delays From Singapore to Greece

The world’s largest shipping hubs are suffering elevated levels of congestion as containers pile up at seaports from Singapore to Greece’s Piraeus.

Kevin Varley | Bloomberg News
November 2, 2021
Business, Equipment, Logistics

Sinking Auto Steel Demand Reveals Cracks in Robust US Market

The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders of high-end metal used by automakers.

Joe Deaux | Bloomberg News
November 2, 2021
Business, Logistics

GXO Releases First Quarterly Earnings Report

GXO Logistics released its first earnings report Nov. 1 after becoming an independent company.

Connor D. Wolf | Staff Reporter
November 1, 2021
Business, Logistics

Wheat Price Surge Threatens to Speed Up Food Inflation

Benchmark wheat in Chicago climbed above $8 a bushel for the first time in almost nine years amid growing inflation pressures that threaten to raise already soaring food prices worldwide.

November 1, 2021
Business, Logistics

New Arcapita Venture to Invest $2 Billion in US Warehouses

A new joint venture between alternative investment firm Arcapita Group Holdings and Arden Group plans to acquire $2 billion worth of industrial property assets in the U.S. as capital pours into niche real estate sectors amid the global pandemic.

Nicolas Parasie | Bloomberg News
November 1, 2021
Business, Logistics

Vertical Cold Storage Acquires Liberty Cold Storage

Vertical Cold Storage announced it is acquiring Liberty Cold Storage from West Liberty Foods. Terms of the transaction are not public.

November 1, 2021
Business, Logistics

West Coast Ports, Dockworkers Face 2022 Clash Amid Port Snarls

With a near-record 75 containerships waiting outside the U.S.’s largest port complex in Southern California, unionized dockworkers have strengthened their indispensable role in the supply chain.

Augusta Saraiva | Bloomberg News
November 1, 2021
Business, Technology, Logistics, Top 100

J.B. Hunt Adds Digital Freight Matching Within SAP ERP

J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.

November 1, 2021
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