Stifling supply chain bottlenecks are likely to remain — and possibly worsen — in the months ahead as consumers follow back-to-school purchases with end-of-year holiday shopping, according to experts who spoke with Transport Topics.
August 26, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Supply Chain Bottlenecks Likely to Endure, Experts Say
GXO Survey Shows Pandemic Trends Have Accelerated Online Returns
GXO Logistics Chief Investment Officer Mark Manduca detailed Aug. 24 what is driving a rise in online returns and what that may mean for transportation.
China Reopens Terminal at World’s Third-Busiest Port
The Meishan terminal at China’s second-busiest port reopened Aug. 25 following a two-week shutdown that further snarled already stressed shipping routes in Asia.
August 25, 2021Goldman-Backed Exchange Raises Cash to Expand Shipping Contracts
The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is raising another $15 million to expand contracts that can help protect companies’ supply chains from price hikes and other uncertainties.
UPS Starts Drone Delivery of COVID Vaccines
UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.
Walmart to Launch Delivery Service for Other Businesses
NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.
Supply Chain Issues Take Shakes Off the Menu at British McDonald’s
LONDON — McDonald’s says it has pulled milkshakes from the menu in all 1,250 of its British restaurants because of supply problems stemming from a shortage of truck drivers.
August 24, 2021Pilot Freight Services, American Linehaul Announce Strategic Partnership
Pilot Freight Services has formed a strategic partnership with American Linehaul Corp. to expand its middle-mile expedited less-than-truckload capabilities, the companies announced Aug. 19.
August 23, 2021Cowan Systems Implements Driver Incentive Program
Cowan Systems has implemented an incentive program that guarantees every newly hired driver a $15,000 bonus, the company announced Aug. 19.
August 23, 2021Amazon Became Hedge Fund Favorite Just Before Shares Tumbled
Hedge funds piled into Amazon.com Inc. in the second quarter, putting themselves on the front line of losses as the stay-at-home trade began to unravel.