Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
USDOT Announces $1.5 Billion in Infrastructure Grants
The U.S. Department of Transportation recently announced the availability of grants designed to advance big-ticket infrastructure projects along commercial and commuter corridors.
Georgia Officials Laud Plastic Express Expansion Near Port
Georgia Gov. Brian Kemp said Plastic Express will build a facility near the Port of Savannah in an $80 million project that will create 200 jobs while expanding its operations in the state.
Virginia Wins $59.9 Million Logistics Expansion in Norfolk
Virginia Gov. Glenn Youngkin said that a Belgium-based international logistics provider’s subsidiary is expanding its footprint in the state at its Norfolk facility.
Illinois 3 Connector Plan Gets Mixed Reception for Freight
Plans for a new highway connector from Illinois 3 in Fairmont City to Illinois 203 in Madison, Ill., are designed to improve traffic flow and help with logistics and industrial development.
Canada Cartage Acquires GTI Group
Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.
NYC Congestion Plan Would Charge Business District Drivers
Most drivers would pay $15 to enter Manhattan’s business district under a plan released by New York officials Nov. 30, the first such program in the U.S. if approved by officials next year.
Atlanta Joins Top Tier of Global Supply Chain Powers
Atlanta’s Hartsfield-Jackson International Airport plans a nearly $500 million expansion of its air cargo facilities to accommodate steady economic growth in the southeast U.S.
Greek Shipping Giant Warns Panama Canal Chaos May Hit Suez
Congestion at the Panama Canal could result in delays at Egypt’s Suez Canal, possibly affecting cargoes of liquefied natural gas, according to an official at Angelicoussis Group.
Lineage Logistics Eyes Over $30 Billion Valuation in IPO
Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s largest listings.
Biden Convenes New Supply Chain Council
WASHINGTON — President Joe Biden on Nov. 27 opened the first meeting of his supply chain resilience council by saying his administration was working to lower costs for U.S. families.