Logistics

Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.

Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to return to normal levels if past market cycles are any guide.

The country's largest ports of Los Angeles and Long Beach will postpone the start of a fee on ocean carriers that fail to clear containers off the docks, which was set to begin Nov 15.

The Biden administration task force on supply chains recently paved the way for the Georgia Port Authority to be able to reallocate more than $8 million for inland facilities in the state, as well as North Carolina.

President Joe Biden signed his $1 trillion infrastructure deal into law Nov. 15 on the White House lawn, with a smattering of Republican lawmakers on hand for what could be one of the last shows of bipartisanship ahead of the 2022 midterm elections.

Uber Freight announced Nov. 15 that it has completed its acquisition of the managed transportation and logistics network company Transplace from TPG Capital.

The question of how a federal vaccine mandate might affect transportation workers other than truck drivers must be considered amid broader discussion of the proposal, an industry executive said at a recent event.

With a year plagued by severe weather and coronavirus recovery, ports and airports across North America are clamoring to stay ahead of the cargo backlogs and shipments.

Although it remains unclear when the flow of international freight will return to normalcy, the companies on the Transport Topics 2021 Top 50 Global Freight Carriers list are doing their part to ensure that cargo continues to move via ship, truck, train and aircraft.

After a once-in-a-lifetime deadly pandemic, the world’s supply chains are realizing a new normal as industries meet the challenge of rebuilding and managing them in a post-­recovery era.