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Battered by Covid, China hits pause on giant chip spending aimed at rivaling US
China is pausing massive investments aimed at building a chip industry to compete with the US, as a nationwide Covid resurgence strains the world’s No.…
Pressure on to reduce ships’ propeller noise
A propeller technology capable of substantially reducing the underwater radiated noise (URN) generated by ships’ propellers has been developed by Oscar Propulsion Limited and the…
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Seefried Properties and USAA Real Estate acquire 19 acres, plan logistics center in Northern California
Project to deliver 335,157-square-foot distribution facility on Grant Line Road
AAR reports weekly rail traffic for December and the week ending December 31, 2022
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 31, 2022, as well as volumes for December 2022.
McDonald’s is abandoning Kazakhstan as Russia’s war spills over
McDonald’s Corp. is set to abandon Kazakhstan after disruptions triggered by the invasion of Ukraine left the central Asian nation without a substitute for Russian…
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A tech ‘golden age’ awaits supply chains limping out of the pandemic
When the pandemic arrived in the leafy lakeside town of Holland, Michigan, office-furniture company Haworth Inc. needed more than hustle to avoid a supply-chain meltdown.
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A ‘glass half full’ for all air cargo stakeholders as 2022 bows out with less demand and lower rates
A turbulent 2022 for the global air cargo market ended in December with a ‘win/win’ outcome for airlines, forwarders and shippers as chargeable weight fell…
Maritime Exchange for the Delaware River reports 2022 ship arrivals
The Maritime Exchange for the Delaware River and Bay today announced the tristate port vessel arrival statistics for 2022.
Avianca closed 2022 operating more than 187,000 flights
• Avianca closed 2022 with more than 24.6 million passengers transported on more than 187 thousand flights. In addition, the airline inaugurated 21 routes to…
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Star Shipping deliver transformers to multiple grid stations
The inland transportation team of Star Shipping was very busy in 2022, delivering multiple transformers from Karachi Port & PEL Lahore to several grid stations…