Cosco Shipping has finalized orders for 18 new vessels, representing a significant investment of nearly $3 billion. This substantial commitment underscores the company’s strategic vision for fleet mod
by Boston Scientific Details Cyberattack Disruptions
Medical device manufacturer Boston Scientific recently confirmed a cyberattack that has significantly disrupted its ordering and shipping processes worldwide. The company disclosed that the incident i
by Update: Walmart to build $1.3B fulfillment center in Georgia
Walmart is set to make a significant economic impact in Georgia with plans for a new, state-of-the-art fulfillment center. This substantial project represents a $1.3 billion investment by the retail g
by Suntory Global Spirits Appoints Veteran to Lead Global Supply Chain
Suntory Global Spirits, the international company known for brands such as Jim Beam, has announced the appointment of Manuel Cabañas as its new Chief Supply Chain Officer. This strategic leadership ch
by LA-LB Port Sees Container Delays Surge Amid Import Boom
The LA-LB port complex faces a significant increase in container dwell times. This operational challenge directly correlates with a recent surge in import levels. Notably, rail and truck dwell times r
by Data Centers Drive Surge in US Gas Power Development
A new report released this week reveals a substantial increase in planned gas-fired projects specifically designed to power US data centers. These initiatives, largely slated for completion or full pl
by Yusen Terminals Secures Long-Term Lease, Commits $200 Million to Green Operations
Yusen Terminals has secured a significant 30-year lease extension from the Port of Los Angeles. This pivotal agreement includes a substantial commitment from the company: a $200 million investment in
by Intra-Asia Shipping Costs Rise Amid Port Disruptions and Peak Season Demand
Intra-Asia shipping rates have been on a continuous upward trajectory since the beginning of August. This sustained increase is primarily attributed to the significant disruption of carrier services,
by Update: Asia-Americas container shipping system on a knife-edge
Title: Trans-Pacific Shipping Faces Mounting Pressures
The container shipping system connecting Asia and the Americas currently operates in a highly precarious state. Mark Szakonyi, Executive Editor o
by US Port Drayage Market Sees Rate Increases, New Safety Focus
Spot drayage rates are currently rising across several US port markets. A busy summer season for import containers has significantly driven this upward trend, creating heightened demand for transporta