Christmas at Risk as Supply Chain ‘Disaster’ Only Gets Worse
Bottlenecks that gummed up the global supply chain in 2020 have only gotten worse, and evidence is mounting that the holiday season is at risk.
October 4, 2021Leasing Firm Avolon Cuts Deal to Convert Airbus A330s for Cargo
Jet-leasing firm Avolon Holdings Ltd. will work with Israel Aerospace Industries Ltd. to convert 30 Airbus SE wide-bodies for use as freighters, targeting an area in which demand has soared during the coronavirus pandemic.
October 4, 2021Port Leaders Warn of Supply Chain Challenges as Holidays Near
AUSTIN, Texas — The leader of one of the nation’s busiest seaports said the next several months will severely challenge an already overtaxed supply chain, and the situation has reached a “crisis” level.
September 30, 2021Transportation Stakeholders Focus on Potential Legislative Changes
Federal lawmakers are working on numerous regulatory and legislative changes that could impact transportation, experts highlighted Sept. 29 at the Coyote Logistics Digital Summit.
September 30, 2021Lordstown to Sell Ohio Plant to Foxconn in $280 Million Deal
Lordstown Motors Corp. agreed to partner with Foxconn Technology Group in a $280 million deal that has the startup selling its former General Motors Co. factory in Ohio to the Taiwanese company in exchange for cash and an equity investment.
September 30, 2021Car Sales Drop as Chip Shortages Stymie Buyers
After sounding an optimistic note in the first half of the year as soaring car prices padded their profits, auto executives have become more resigned to supply chain headaches after recent COVID-19 outbreaks in Malaysia hampered semiconductor production.
September 30, 2021What Q4 and Beyond Have in Store for Transportation
The outlook for transportation and logistics in the fourth quarter focuses on the lingering effects of the coronavirus pandemic as well as the impending shopping season.
September 29, 2021Loadsmart, Home Depot Launch Supply-Led Platform for Flatbed
Loadsmart launched a platform in partnership with The Home Depot that helps facilitate flatbed backhauls by focusing on supply, the companies announced Sept. 29.
September 29, 2021Inflation Is Seen Pushing Online Holiday Sales to $1.2 Trillion
Online shoppers will be buying less this holiday season, but spending more.
September 29, 2021European Energy Prices Surge to Records as Supply Crisis Spreads
European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts. Stockpiles of everything from gas to coal and Norwegian water for electricity production are dwindling and there are few signs the situation will improve anytime soon as demand continues to roar back from a pandemic-driven lull.
September 28, 2021