What President Joe Biden touted as a historic U.S. federal investment program that will position the country to win the global innovation race still leaves it well behind China’s continuing, giant infrastructure upgrading campaign.
April 2, 2021Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
On the Bubble
Biden’s Biggest-Ever Investment Plan for US Still Trails China
Biden’s Infrastructure Plan to Total $2.25 Trillion, Include Corporate Tax Hikes
President Joe Biden announced a $2.25 trillion climate change-centric infrastructure plan meant to repair the country’s roads and bridges, and guarantee nationwide access to broadband internet and safe drinking water.
Fight Over Chicago Golf Course Slated to Become Logistics Center Heating Up
A once-thriving country club near major interstate highways in Chicago was set to be the new home of an 800,000-square-foot distribution and warehouse facility, Now it is at the center of a legal battle involving a part of the city critical to trucking.
Geodis Announces Plans for Remote-Operated Forklifts
Logistics giant Geodis SA says it plans to begin using remote-operated forklifts in its warehouses. The Paris-based company announced early March 31 that it has formed a partnership with Silicon Valley start-up Phantom Auto to supply teleoperations.
Roadrunner Takes Major Steps in Transformation Plans
Roadrunner Freight took another step in its ongoing transformation with a March 25 announcement of a $50 million equity private placement and additions to its leadership team.
Georgia Ports Authority OKs $205 Million for Savannah Expansion
The board of the Georgia Ports Authority voted March 29 to spend $205 million to expand the Savannah facility, adding to $100 million authorized several months ago.
Port of Baltimore Dredging, Expansion Seen as Boon to Economy
Port of Baltimore officials say with the vast jump in imported cargo and tens of millions of dollars in infrastructure improvements, the sprawling facility on the Chesapeake Bay will see rapid growth the next several years.
March 30, 2021Volvo, Aurora Pair for Autonomous Trucking Service
Volvo Group will partner with Aurora Innovation Inc. to develop and commercialize autonomous Class 8 trucks in North America.
Conversation Begins About Who Will Pay for Suez Canal Crisis
The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.
March 30, 2021Oil Rises for Second Day With Focus Moving Toward OPEC+ Meeting
Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check.