As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.
A 10-day strike of 340,000 workers would reportedly result in over $1.1 billion in lost direct wages and more than $7 billion in total economic losses.
The construction deal will reportedly be divided between Nihon Shipyard, a joint venture between Japan Marine United Corporation and Imabari Shipbuilding Co., Ltd., and Samsung Heavy Industries (SHI).
The latest news, analysis, services and systems regarding transportation and distribution and their impact on global supply chains. Today’s companies are shipping and delivering perishables and manufactured goods faster and farther around the world than ever before through transportation and distribution solutions. New technologies that provide information during local and global shipments via air, ground and sea are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using transportation and distribution solutions to power their supply chains.
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