Ports must counter soaring levels of cargo theft with more robust insurance and security measures, warns Ed McNamara, CEO of global port insurer Armada Risk Partners.
At the South Korean port city of Busan, a prototype 15-acre floating community is being designed as a possible defense against sea level rise, according to Marc Collins Chen, co-founder of New York-based Oceanix, the project developer. OCEANIX, a blue tech company based in New York, led a team of designers, engineers, and sustainability experts in designing the flood-proof prototype.
Twenty centuries after archeological excavators unearthed the first warehouse—140 rooms covering 225,000 square feet—on the banks of Rome’s Tiber River, San Francisco’s Prologis Inc. introduced the first multi-story storage structure in the US.
The global markets, which had faced a slowdown during the pandemic, are recovering and opening up to increased imports of textiles and garments, even though imports still remain below the pre-pandemic levels.
Matt Priest, President and CEO of the Footwear Distributors and Retailers of America (FDRA) has expressed concern about possible new U.S. tariffs adversely impacting the industry...
A Bi-partisan authored Congressional report says the United States has fallen far behind China in shipping and shipbuilding and needs to make the long-term investment to catch up.
Between 2014 and 2023 cyber-attacks against the Port of Los Angeles increased from 7 million attacks per month in 2014 to 60 million monthly attacks in 2023, according to Tony Zhong, Chief Information Security Officer, Port of Los Angeles.
It’s a Presidential election year, and everyone’s mind is on the November ballot box. What’s going to happen in Washington, and how will that affect the business operating environment?
Defective bearings in wind turbines powering the first floating offshore floating wind farm, located off the coast of Scotland, have been replaced, according to the Norwegian wind farm operator Equinor.
Steel is an essential component for the construction industry, and any price reduction is welcome. But what gives? Why is steel getting cheaper while costs for other materials are rising?