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Global Logistics: Page 33

Shippers, Union Reach Deal to End Strike That Snarled Canadian Ports
The strike at ports that handle about a quarter of Canada’s total traded goods reduced arrivals of container ships and diverted vessels to U.S. facilities.
Ships at the Port of Vancouver during a dockworkers strike on July 5. Photographer: Jimmy Jeong/Bloomberg
Redwood Logistics Acquires Rockfarm Supply Chain Solutions
Redwood said that the acquisition of Rockfarm and Global Distribution and Logistics “fortifies” the company’s modern fourth-party logistics (4PL) services.
Photo: iStock.com/B4LLS
The Logistics Industry Contracted for a Second Consecutive Month in June
Inventory levels in the logistics industry, which recorded a score of 42.9 during June 2023, are contracting at the second-fastest rate in LMI history.
Photo: iStock.com/sorn340
CJ Logistics and KOBC Investing $457M in Large-Scale U.S. Logistics Centers
KOBC will be in charge of securing funding for the centers while CJ Logistics will be responsible for operating the facilities.
Photo: iStock.com/thitivong
What Manufacturers Need to Know About Mexico’s IMMEX Program
IMMEX is a program that enables foreign companies to operate in Mexico under a preferential, low-tax cost structure.
Photo: iStock.com/Oleksii Liskonih
BrewDog Chooses Kegstar for Steel Keg Supply Chain Programs
The deal will see Kegstar offer its kegs and services to Scotland, Germany and Australia with additional plans to expand across Western Europe at a later date.
Photo: iStock.com/Jurica Tomic
What is FAP in Freight? Your Burning Questions Answered
1015 Supply Chain Payment
The Benefits of Data-Driven 3D Printing for the Supply Chain
Data-driven 3D printing provides a significant boost to the efficiency and productivity of the supply chain, helping manufacturers respond more quickly and effectively to disruptions.
Photo: iStock.com/Phuchit
U.S. Business Logistics Costs Reach All-Time High
U.S. business logistics costs grew by 19.6% year-on-year in 2022 after coming in at $1.937 trillion in 2021, according to CSCMP's annual State of Logistics Report.
Photo: iStock.com/B4LLS
Flexport Completes Acquisition of Shopify Logistics
In connection with the sale that was originally announced May 3, 2023, Shopify received stock that equates to 13% equity in Flexport.
U.S.-Led Pacific Trade Talks Close to Reaching Supply Chains Pact
Negotiators would reportedly like to announce an agreement regarding Indo-Pacific trade talks at a meeting of ministers taking place in Detroit on May 27.
Photo: Dimas Ardian/Bloomberg
Deutsche Bahn Open to Strategic Buyer for Schenker
Schenker is likely to attract bids from rival logistics companies, including Danish transport giant DSV A/S, Germany’s Deutsche Post AG and Switzerland’s Kuehne + Nagel International AG.
Photo: iStock.com/Trygve Finkelsen
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