NYC-N.J. Tunnel Plan Has ‘Sense of Urgency,’ Buttigieg Says
The Biden administration is prioritizing the Gateway rail tunnel project between New York City and New Jersey with urgency because of its “national significance” to the economy, Transportation Secretary Pete Buttigieg told lawmakers.
March 26, 2021Blocked Suez Canal Compounds Stress to Supply Chains
Dislodging the container vessel blocking the Suez Canal will take until at least March 31, a longer effort than initially feared that will amplify the disruption to global supply chains for everything from oil to grains to cars.
March 26, 2021Infrastructure Plan Coming March 31, Biden Says
President Joe Biden said he will unveil his long-term economic rejuvenation plan March 31, promising a new “paradigm” for the middle class and a major ramp-up in investment and infrastructure spending that will strengthen the U.S. position against China.
March 25, 2021Supply Chain Transformation for a Post-Pandemic World
Our live webinar, Supply Chain Transformation for a Post-Pandemic World, features expert insight from industry leaders. Join us as we discuss relevant topics, from the impact of the pandemic to the future of the industry, and get tips that will help you succeed in the dynamic world of logistics & distribution.
March 25, 2021Suez Canal Choked for Third Day as Elite Team Tackles Stuck Ship
A huge backlog of ships was building up around the Suez Canal for a third day as an elite salvage team set about the monumental challenge of freeing the container vessel that’s blocking the crucial waterway.
March 25, 2021XPO Opening Automated Logistics Facility in Indiana
XPO Logistics will open an automated logistics facility in Clayton, Ind., at one of the state’s major logistics hubs in Hendricks County. The new facility is expected to employ 800 people and become fully operational sometime this summer, according to XPO.
March 24, 2021Canadian Pacific-Kansas City Southern Merger Will Create 'Transformative' Network
Canadian Pacific Railway Ltd. envisions a “transformative” remaking of its freight-rail business after an announced merger with Kansas City Southern Railway that will create the first U.S.-Mexico-Canada network.
March 24, 2021Maersk Can’t Find Enough Women to Pursue Top Jobs
The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, said it is proving difficult to get enough women to apply for top management jobs at the world’s biggest container-shipping company.
March 23, 2021Amazon to Sell Deliveroo Stake of Up to $148 Million in IPO
Amazon .com Inc. could raise as much as $148 million (107 million pounds) by selling some of its stake in Deliveroo Holdings in the food-delivery startup’s London initial public offering.
March 23, 2021February Tonnage Takes Winter Weather Hit
Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations.
March 23, 2021