The Northern Sea Route, which can cut 12 to 15 days off voyage times between Asia and North Europe compared to the traditional Suez Canal routing, is currently only usable during the summer season, but could be open year-round by 2020.
Major freight railroads in the United States employed 152,718 workers as of the middle of July 2016, up 0.19 percent from the previous month but down 10.71 percent year-over-year, according to data from the Surface Transportation Board.
Chinese e-commerce solutions provider Baozun Inc. created Baotong E-logistics, a wholly-owned warehousing and logistics subsidiary.
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The U.S. National Counterintelligence and Security Center will begin providing supply chain threat reports to critical U.S. telecommunications, energy, and financial businesses in an effort to defend against cyberattacks, among other threats.
The voyage data recorder from the El Faro, the cargo ship that sank during Hurricane Joaquin on Oct. 1, 2015, has officially been retrieved.
The U.S. Postal Service reported a $1.57 billion loss in its fiscal third quarter on revenues that ticked up 0.7 percent to $16.6 billion compared with the same 2015 period as increased package volumes were offset by higher operating costs.