The global freight forwarding market is predicted to grow by $11.05 billion from 2021 ($180.66 billion) to 2022 ($191.71 billion), a compound annual growth (CAGR) of 6.1%. Projections, also, indicate market growth of $220.34 billion in 2026. The GFF market includes...

Supply-chain challenges are causing companies to reconsider managing inventory to meet customer demand while preserving their balance sheets. Businesses including film and photographic supplies manufacturer Eastman Kodak and beauty-products maker Olaplex are among...

In March, inflation, supply imbalances, and strong demand for imported goods widened the U.S. trade deficit, with clothing, computers, and vehicles driving the surge. Therefore, according to the Commerce Department, the trade gap in goods and services widened by 22.3%...

Walmart, known as the retail giant, focuses on adding new ways to offer shoppers home delivery and efficiently move online inventory. The pandemic-related e-commerce surge shows signs of cooling. Therefore, it is building more automated fulfillment centers attached to...

West Coast dockworkers and cargo handling companies are set to begin negotiations this week on a highly owned contract for the U.S. economy, which is struggling with supply chain failures. The labor-management negotiations involve about 22,400 workers from 29 ports,...

According to CNBC, the container data for 2020 and 2021 from the Port of Los Angeles and Port of Long Beach, the top two carriers that transported more empty containers than loaded U.S. exports out of the Port of Los Angles were OOCL, which is headquartered in Hong...

According to the shipping line Ocean Network Express, congestion at ports in China and elsewhere worldwide is gridlocking about 10% of the global container-ship fleet. Jeremy Nixon, the chief executive officer, has emphasized that ships are locked up and waiting in...