Amancio Ortega, the billionaire founder of the Zara apparel chain, acquired a one million square feet logistics center in Philadelphia,
as he continues to expand into new types of investments.
The port said the infrastructure investment, along with funds from the Jobs Act, will support rail-roadway separation to improve truck access and speed cargo flow through the area.
The business behind Sharpie markers, Yankee Candle and other consumer products cut its sales outlook for the coming months, highlighting how big disruptions in supply and demand over the past two years are continuing to ripple through supply chains.
Negotiators from the two sides are slated to again meet with the Mediation Board Sept. 8 and Sept. 9, in an effort to avert a strike or lockout on Sept. 16, when the current 30-day cooling off period ends.
Norfolk Southern and Union Pacific have recently reopened several “hump yards,” where trains are broken down and reassembled for their next destinations.
U.S. tech companies that receive federal funding will be barred from building "advanced technology" facilities in China for 10 years, the Biden administration has said.
U.S. farmers facing supply-chain bottlenecks and a surging dollar are losing their competitive edge in the global market for soybeans to their biggest rival: Brazil.
When cargo is at rest, it’s also at risk. As disruptions such as strikes at major U.K. ports continue, shippers are scrambling to keep cargo moving so it’s harder to steal.
India, believed by many to have the potential to become the next China, is finally making headway in the exports market as it broke into the top five suppliers of Christmas decorative items and t-shirts to the U.S.
MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space.
The latest supply chain news, analysis, trends and best practices for companies operating in the United States, Canada and Mexico. Learn how businesses are optimizing supply chain and logistics performance across North America - addressing a range of challenges such as varying regulations, labeling and packaging requirements, customs and tax laws and government controlled exchange rates.
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