supply chain News Updates

BusinessLogistics

Geodis Expands Freight Brokerage Capacity With Velocity Acquisition

Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.

July 9, 2021
BusinessTechnologyLogisticsTop 50

DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon

DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.

June 30, 2021
BusinessLogistics

Supply & Demand: How Ports Operate in a Stretched Supply Chain

For the last nine months, ports have seen record container volumes with movement limited and more supplies needed. As a lynchpin of our supply chain, managing a port requires high-functioning information systems to predict and plan for supply and demand as well as communicating with every link in the value chain.

June 29, 2021
GovernmentBusinessLogisticsTCA

Labor, Food Shortages in Supply Chain Take Toll on Restaurants

For many restaurateurs across Connecticut, daily deliveries of food have become inconsistent, later than usual and sometimes canceled at the last minute. Part of the problem is a shortage of staff at food purveyors and trucking companies.

June 25, 2021
BusinessTechnology

Public, Private Groups Pilot Last-Mile Delivery Hub in Seattle

The University of Washington’s Urban Freight Lab, in collaboration with various companies, is piloting a zero-emission hub for last-mile deliveries.

June 21, 2021
BusinessEquipmentLogistics

Supply Chain to Remain Backed Up Until 2022, Experts Say

Imported cargo shipments to the U.S. are expected to remain at a record or near-record levels for several more months as consumer spending continues to restart the pandemic-damaged economy. But industry experts say all of that buying is clogging an already overtaxed supply chain.

June 9, 2021
GovernmentBusiness

Biden to Launch Task Force on Bottlenecks in Supply Chains

WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

June 8, 2021
BusinessLogistics

Consumer Brands Launches Supply Chain Disruption Task Force

The Consumer Brands Association on June 2 launched a new task force aimed at increasing visibility and easing supply chain pressures.

June 2, 2021
GovernmentBusinessLogistics

The World Economy Is Suddenly Running Low on Everything

A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.

May 17, 2021
BusinessLogistics

Lumber Hits Record on Tight Supply, High Demand

Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.

May 3, 2021