[ad_1] Officials declared an end to the backup of ships at Southern California’s ports more than two years after vessels began lining up in weekslong queues that became one of the most visible signs in the U.S. of the pandemic-driven turmoil in supply chains. The Marine Exchange of Southern California said Tuesday the backup at […]
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[ad_1] Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping hubs around the world and geopolitical tensions rise. Chinese companies have expanded investments at foreign ports in recent years and now run major container terminals in locations including Belgium, Israel, Spain, Sri Lanka and […]
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[ad_1] Retailers this holiday season are focusing on delivering packages to customers on specific dates, rather than competing on speed of delivery. The shift marks an easing in a race for delivery speed in e-commerce in recent years that has pushed goods to shoppers’ homes at an ever-faster pace while narrowing retailers’ profit margins on […]
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[ad_1] A dispute between two unions over which workers get certain jobs at a cargo-handling terminal at the Port of Seattle is holding up labor talks between West Coast dockworkers and their employers. Shipping industry officials had hoped the talks, which began in May, would have concluded around now. Instead, officials say the discussions have […]
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[ad_1] Americans’ appetite for travel and entertainment remains strong ahead of the holidays, as desires to spend on experiences overcome concerns about inflation and the economy. Those concerns haven’t deterred many travel plans, executives at hotel chains, cruise-line operators, vacation-booking platforms and other leisure companies said in recent earnings reports. Hotels have more guests staying, even […]
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[ad_1] WSJ News Exclusive World Cap will only apply to the first point of sale of Russian oil that takes place on land, U.S. and its allies have determined [ad_2] Source link Source link
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[ad_1] Freight companies are preparing for what executives are calling a muted peak season, as dimming shipping demand from overstocked retailers ripples across U.S. shipping markets. Several big operators say they are seeing freight demand drop off rather than pick up heading into what is typically their busiest period of the year. The downshift in […]
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