MSC extends Asia-USWC string to India as primary market demand wanes
With the extended port reach into India, carriers are looking to fill leftover capacity from Southeast Asia as primary market volumes slow and US
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Dell to Cut 5% of Global Workforce as ‘Uncertain Future’ Looms
The Dell cuts have been announced against a backdrop of widespread lay-offs in the tech sector, despite the wider U.S. economy adding 517,000
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US retailers’ global sourcing strategy will take time to develop: analysts
As the size of China’s workforce declines and production challenges increase, US retailers are shifting to global sourcing strategies, with each sector looking for
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US transport providers lose fewer jobs than expected in January
Courier, trucking, and warehousing firms lost workers last month, but the seasonal surge and purge was more muted than expected, reflecting broader labor market
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End of 2M Alliance will set dominoes in motion across ocean shipping: analyst
The announced dissolution of the 2M Alliance raises the question of what additional large-scale dominoes might be toppling over in the next few years
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US ‘freight recession’ putting motor carrier financing tools to the test
Smaller US truckload carriers and the companies that provide them with access to working capital are under increasing pressure as cargo demand slows.
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New IMO rules force global reefer fleet to confront uncertain future
The specialized reefer fleet has proven to be remarkably resilient in the face of various challenges, but now it must deal with the latest
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BioNTech Expands German Plant as Scholz Vows to Help Pharma
BioNTech acquired the Marburg facility in 2020 from Novartis AG, which had used it to produce complex biological medicines. Full
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Slowdown in Warehouse Construction Could Extend Shortfall of Space, Experts Say
Vacancy rates are ticking up, but the increases have been slim, and space in big markets remains scarce.
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