July 17th – July 23rd
More companies offer supply chain financing
Shipping logjams and strains over inventories are raising the profile of supply chain finance, according to The Wall Street Journal. More companies are offering the tool to their vendors, providing suppliers with faster access to cash and the ability to push back bill payments.
Port of Oakland is ‘effectively shut down’ as trucker protests persist
The Port of Oakland is bracing for prolonged operational disruptions as owner-operator led protests against the AB5 labor law continue.
Shipping line Maersk taps Amerijet for trans-Pacific air cargo expansion
Ocean shipping giant Maersk has quietly ordered three new 767-300 freighters from Boeing and arranged with Miami-based cargo airline Amerijet to fly them on trans-Pacific routes as the company’s air cargo division moves to gain a strategic foothold in the U.S. market.