Kroger said it has achieved “meaningful operational efficiencies” in its supply chain through improved transport capacity utilization and increased productivity in its warehouses and across its network.

The I-95 bridge collapse presents a case study that will be analyzed for decades to come as other parts of the supply chain face additional and inevitable challenges.

The 4,200 car equivalent unit (CEU) dead freight pure car and truck carriers (PCTC) will be delivered by Fujian Mawei Shipbuilding by 2026.

The 40-seat vessel, which is outfitted with a 350-kilowatt hydrogen fuel cell, qualifies as a research, development and demonstration (RD&D) project under South Korea’s national hydrogen strategy.

BiMCO forecasts the capacity of ship deliveries is expected to reach 2.3 million TEUs in 2023 and 2.7 million TEUs in 2024.

OOCL Logistics customers will be able to apply for financing through the PODIUM platform, meaning suppliers can now receive funding less than 72 hours after shipping out a product.

As part of the country’s three-pronged plan, the amount of government support issued for ship construction will increase from $91 million to $300 million.

FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.

Nvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.

Hapag-Lloyd, the only foreign company involved in HMM's bidding, was ruled out of the privatization process by creditor banks Korea Development Bank and Korea Ocean Business Co.