While the G7 statement was not specifically directed at China, the group believes a high concentration of supply chains in any single country is undesirable.

Marking the end of a “soft first quarter,” the Port of Los Angeles processed 623,234 TEUs in March 2023, marking continued volume decline.

Berlin is expected to adopt a more critical stance on China following Beijing’s increasingly militaristic threats against Taiwan.  

The move by the Netherlands would apply to both spot and long-term contracts. The nation is a transit country for gas supplies, meaning that the decision could have a broader European impact. 

Brookfield agreed to buy Triton International Ltd., the world’s largest owner of intermodal shipping containers, for $4.7 billion.

A report from Anvyl found 60% of small and mid-sized businesses reported losses of up to 15% or more in revenue due to supply chain delays.

Light industrial business sector leaders feel more confident about labor supplies in 2023 according to Instawork's “State of Warehouse Labor Report.”

If automakers embrace electric vehicles, they could account for 67% of new light-duty vehicle sales and 46% of new medium-duty vehicle sales in 2032.

The decrease in dwell time has been aided by the shift in trade patterns, with many shippers opting to use the Port of New York and New Jersey instead.

Walmart CEO Doug McMillon warned last year that rising retail theft around the U.S. could prompt store closings.