US says it’s working with Taiwan to secure chip supply chain
The U.S and Taiwan are working together to secure supply chains, Washington’s envoy to Taipei said, as global chip manufacturers face a looming deadline to…
Aldi warns of holiday grocery delays in US, thanks to bottlenecks
(Bloomberg) -- Aldi warned that the impact of global supply-chain bottlenecks will soon hit the shelves of its U.S. grocery stores.
Two state projects earn top awards in national transportation competition
A community-inspired multimodal improvement project that vastly improved safety and travel options in Winston-Salem, North Carolina, and a critical traffic interchange redesign and replacement project…
Panama Canal saw record year as China-US trade tensions eased
The Panama Canal saw a jump in cargo as China and the U.S. eased trade restrictions, opening up the market for grains, pork and liquefied…
Biden Port Envoy vows alliance will help break California logjam
President Joe Biden’s point-person for clearing the supply-chain bottleneck in southern California hailed a new agreement that will fast-track multiple logistics projects in the Golden…
Fintech startup Drip raises $175 million for cross-border trade
Drip Capital Inc., a startup that specializes in financing cross-border trade by small and medium businesses, raised $175 million from equity and debt investors to…
Cargo Transporters announces pay and PTO increase for drivers
Cargo Transporters, Inc., a regional and national carrier, has announced its third and largest driver pay and compensation increase for 2021. This pay increase will…
[FBX Weekly] Transpac rates ease as delays end peak season early
Key insights: 1 Asia-US ocean rates fell more than 6% to both coasts this week, with West Coast rates now 22% below the mid-September peak.…
NRF predicts highest holiday retail sales on record
Holiday spending has the potential to shatter previous records, as the National Retail Federation today forecast that holiday sales during November and December will grow…
France seeks to freeze EU trade talks until after April vote
France is trying to block the European Union from conducting talks on pending trade deals until after its presidential election in April, when incumbent Emmanuel…
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