Logistics | SupplyChainBrain

Logistics: Page 232

Macquarie Seeks Buyer for Ceres Terminals

Macquarie is looking for $1 billion for the business but strategic buyers in the shipping sector may be limited.

Galveston Cruise Terminal with the Allure of the Seas docked. Ceres is a 50-50 partner in the terminal with Royal Caribbean. Photo: Royal Caribbean International.

OPEC+ Curbs Spark 85% Rout in Oil Tanker Rates After Boom

The pull-back will likely offer some relief to the oil market, where long-haul arbitrage cargoes have had more difficulty due to elevated freight rates.

Putin's to blame. Photo: Bloomberg

CMA CGM Committed to Buying Bolloré’s Logistics Unit

CMA CGM said it is committed to acquiring Bolloré Logistics for €5 billion in a deal that would add 14,000 employees to the company's workforce.

May 2021. Photo: iStock.com/eyewave

U.S. Truck Drivers Push for Better Working Conditions: ‘We’ve Lost Our Patience’

Adjusted for inflation, the average pay for a truck driver in the U.S. in 1980 was about $110,000 annually, compared with about $48,000 in 2023.

Photo: iStock.com/Hakase_

House GOP Spending Cuts Would ‘Wreak Havoc’ on U.S. Air System, FAA Says

The number of air-traffic controllers has dwindled over the past decade as a result of multiple setbacks to hiring and training, including the COVID-19 pandemic and various government shutdowns.

Photo: iStock.com/gorodenkoff

Courier Giant SF Picks Banks for $3 Billion Hong Kong Listing

Founded in Shunde of Guangdong province in 1993, SF Express covers almost all of China, while its international express business covers 98 countries.

Photo: Bloomberg

Enveyo and Better Trucks Launch New Shipping Optimization Tool

Through a new strategic partnership, Better Trucks and Enveyo will provide organizations with a new tool that boosts e-commerce shipping agility.

Image: iStock / Dilok Klaisataporn

North American Distribution and Supply Chain Projects Decreased in April

Only 167 major new construction projects were planned for the North American distribution and supply chain sector in April 2023, a 19% drop compared to March 2023.

An Amazon fulfillment center under construction in Ontario, on March 17. Photographer: Kyle Grillot/Bloomberg

CPKC and Teck Sign Steelmaking Coal Supply Chain Agreement

Canadian Pacific Kansas City Limited and Teck Coal Limited signed a steel-making coal transportation agreement that runs through the end of 2026.

Bed Bath & Beyond Seeking Millions of Dollars from Container Shipping Lines

Bed Bath & Beyond filed a complaint stating Orient Overseas Container Line participated in practices that cost the world-famous retailer $31.7 million.

Pearland, Texas. February 19, 2022. Photo: iStock.com/JHVEPhoto

ESG Compliance: A Triple Threat to Business, or Priceless Opportunity?

Set aside the rationale behind any number of laws and regulations propagated over the years by federal, state and local authorities, not to mention foreign governments. All of it amounts to one big burden.

Bob Bowman Hi Res

Open Sky Group Announces New Kaleidoscope Suite

Kaleidoscope combines Open Sky Group’s innovative Enhanced Client Billing (ECB) and self-service Client Portal.

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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Moving Robots Site-to-Site