Average costs to ship a container have more than doubled in one month Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply… Continue reading Ocean Shipping Rates Surge as Red Sea Attacks Continue
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Medical logistics company divesting trucking, cross-dock operations
Waltham, Massachusetts-based TruBlu Logistics, a subsidiary of Fresenius Medical Care North America, says it is divesting its private long-haul fleet in early February and will transition cross-dock shuttle operations to another logistics company by the end of February. The moves are expected to affect around 150 of Tru Blu’s 600 trucking jobs. TruBlu Logistics is… Continue reading Medical logistics company divesting trucking, cross-dock operations
Warehouses to draw large investments on manufacturing demand
In 2024, warehouses are set to draw substantial investor capital due to rising demand from manufacturers and third-party logistics (3PL) companies, with Cushman and Wakefield projecting the leasing of over 50 million square feet of grade A warehouses across the top 8 cities, crossing 2023’s estimate of 45–50 million square feet.
Read more at:
https://economictimes.indiatimes.com//industry/services/property-/-cstruction/warehouses-to-draw-large-investments-on-manufacturing-demand/articleshow/106552833.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst