Carney: Canada's Ports Lag as Nation Looks Beyond U.S. Trade
Between 2016 and 2023, Canada's ports went from being 6th in the world in total deadweight tonnage to 23rd.
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Global Coverage
Press Review
Curated headlines from the world's leading supply chain publications.
Inside YMTC’s IPO plans: How is China’s 3D NAND champion chasing capital markets?
China’s push for semiconductor self-reliance is hitting the capital markets. The parent company of Yangtze Memory Technologies Co (YMTC), the nation’s leading 3D NAND flash memory manufacturer, officially started the…
Lire la suite →Businesses shift shipping routes and sourcing amid rising tariff pressure, notes Infios Report
Tariffs are no longer just another cost for businesses to absorb. A new report from Infios found that companies are changing how they move products, route shipments, and make trade…
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AMD CEO meets with TSMC CEO in Taiwan as it expands US chip output
Advanced Micro Devices (AMD) CEO Lisa Su stated that the company plans to invest more than US$10 billion in Taiwan's industrial ecosystem to accelerate the development of artificial intelligence (AI)…
Lire la suite →Drewry: Container Spot Rates Continue Climb as Early Peak Season Gains Momentum
Container freight rates continued their upward march this week as carriers pushed ahead with higher pricing on major East-West trade lanes amid signs that the traditional peak shipping season is...
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Young Indians protest through parody ‘cockroach’ party
It began as a satirical online project. Now millions of young Indians are flocking to it as an outlet for their frustration. A parody political party called the Cockroach Janta…
Lire la suite →Target moves to elevate supply chain operations, inventory reliability
Target has made it a strategic priority to improve supply chain operations so it can avoid out-of-stock situations and reduce costs. The post Target moves to elevate supply chain operations,…
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Birkenstock launches $250m share buyback as CEO says company is worth more
Birkenstock is buying back $250m (£186m) of its shares after its chief executive said there was a disconnect between the footwear brand’s price in the public markets and its value.
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2 Chinese supertankers join flotilla exiting Hormuz as stand-off appears to thaw
Three fully laden supertankers – including two Chinese vessels – crossed the Strait of Hormuz on Wednesday, in a possible sign that Tehran may be starting to open up the…
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OmniTrax tabs Hoskins to lead transload
OmniTRAX appoints VP of transload to lead its network-wide expansion. The post OmniTrax tabs Hoskins to lead transload appeared first on FreightWaves.
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Police to investigate suspected airgun damage to window of Yuen Long flat
A Hong Kong resident has reported suspected airgun damage to her flat window in Yuen Long, with a district councillor warning that similar incidents may have occurred at the same…
Lire la suite →Sodium-ion Battery Field Trial for Trucks
Jungheinrich has reached another milestone in the development of sustainable energy storage solutions and is launching field trials of sodium-ion batteries in industrial trucks at selected customer sites. With this…
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Airbus, Air France Found Guilty of Involuntary Manslaughter in 2009 Crash
The Paris Appeals Court overturned a decision from a lower court in 2023, that had acquitted the manufacturer and the airline.
Lire la suite →Growth For Estonian Flag Signals Maritime Ambitions of a Nation
A favourable tax regime, digitally enabled administration and a business culture fostering maritime growth are attracting more – and younger – ships to the Estonian Flag. Launched in 2020, a...
Lire la suite →Charge Card Tailored for Electric Trucks
A new charge card designed specifically for transport operators running electric commercial vehicles is being launched. The DKV Card +Charge Truck provides access to more than 3,000 verified truck-compatible charge…
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Philippine justice chief orders arrest of senator wanted by ICC
The Philippine justice chief ordered authorities on Thursday to enforce an International Criminal Court warrant for the arrest of a senator wanted on an alleged crime against humanity. He warned…
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Zodiac Maritime extends newbuild backlog with suezmax tanker order at Jiangsu Hantong
London-headquartered shipowner has ordered four 158,000 dwt suezmax crude oil tankers with deliveries scheduled for 2029 Related StoriesShipping stands on cusp of ‘something extraordinary’, says FrangouLloyd’s takes big hit for…
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Morocco building collapse kills at least 4
At least four people were killed and six others injured when a four-storey building collapsed overnight in the Moroccan city of Fez, about 200km (124 miles) east of Rabat, local…
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CU Lines’ network expansion gives fresh capacity influx into Middle East trades
The Shanghai-based carrier has launched two new services connecting Asia to the Middle East as the Persian Gulf trade corridor presents strong green shoots of capacity demand amid ongoing mainline…
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Boots reveals launch date for second beauty-only store
Boots has confirmed when its second ever beauty-only store will open in Bristol, Retail Week can reveal.
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