China is resuming its military drills in the region following the surprise arrival of a new delegation of U.S. lawmakers, apparently aimed at demonstrating Beijing’s ability to mount a blockade of Taiwan.
DSV CEO Jens Bjørn Andersen tells the WSJ that he’s looking to expand his reach in the U.S. as he revives a strategy that has helped build the Danish operator into the world’s third-largest freight forwarder.
With all the chaos that’s roiling logistics and supply chain service providers these days, it might come as a surprise to learn that deep-pocketed private investors are keen on the sector.
A key measure of wholesale costs shows U.S. suppliers raised prices in July at the slowest annual pace since last fall, adding to signs that the rapid growth in production expenses that has helped fuel consumer inflation is easing.
Daimler Truck Holding AG said demand for commercial vehicles will continue to outweigh supply in the second half of the year after the German manufacturer reported better-than-expected quarterly earnings.
A new survey shows wages for truck drivers rose at a double-digit pace last year, as companies raced to recruit workers in a market marked by tight labor conditions and high freight demand.
Apple has reportedly asked Taiwan-based suppliers to label their products as being produced in China, in an effort to avoid disruption from strict Chinese customs inspections resulting from the visit of the U.S. House speaker, Nancy Pelosi, to Taipei.
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.
The push by consumer-goods suppliers to reach shoppers directly is opening a new market for supply-chain technology providers, says The Wall Street Journal.