Singapore’s PSA invests $388 million in Xiamen’s XCTG port group
The move coincides with plans by XCTG to develop new berths, upgrade existing berths, and develop a multimodal smart logistics center.
The move coincides with plans by XCTG to develop new berths, upgrade existing berths, and develop a multimodal smart logistics center.
Linde has adopted a “guarded” outlook for the rest of 2026 as Air Liquide looks to a “rebound effect” in the US for an uplift. Linde has adopted a “guarded” outlook for the rest of 2026 as Air Liquide looks to a “rebound effect” in the US for an uplift.
Executives say the jump in trucking rates is being driven less by increased volumes and more by higher operating costs and tightening capacity, creating a more fragile recovery.
Rivals Union Pacific and Norfolk Southern also pointed to signs of optimism as shippers look for cheaper alternatives to trucking due to higher fuel costs.
The closure of the Strait of Hormuz only serves to highlight that companies proactively investing in adopting alternative shipping fuels now will be far better off when the next disruption hits, writes Michael Lerner.
The automaker is still prepping for a $1 billion hit from tariffs in 2026 while projecting sizable commodity headwinds.
Amazon Supply Chain Services covers freight, distribution, fulfillment and parcel delivery, including for non-Amazon sellers, with 3M and Lands’ End among its users.
The 185-acre site will be the company’s largest single investment to date, with a focus on small-volume parenteral products like vials and prefilled syringes.
Bunker fuel surcharges and surging diesel prices linked to the war in Iran come on top of higher tariff costs that have hurt the competitiveness of US agricultural products abroad.
Baltimore’s Sparrows Point Container Terminal is scheduled to debut its first berth in 2028, some 14 years after the site was transformed from an old steel mill into a comprehensive logistics center.