US ports face record backlog ahead of holiday purchases

[ad_1] An increasing number of shipments are stuck at sea due to supply chain issues leading to growing concerns that holiday shipments will not arrive on time. Container ships are invading ports from New York to Los Angeles, where 250,000 containers float off the coast waiting to be unloaded. “There is no place to put … Read more

Conagra, Tilray, Levi, Twitter and more

[ad_1] Find out which companies are making the headlines before the bell: Conagra Brands (CAG) – The company behind food brands like Healthy Choice, Hunt’s and Hebrew National gained 50 adjusted cents per share for its most recent quarter, 1 cent above estimates, while revenue also exceeded expectations by Wall Street. La Conagra also said … Read more

Cathie Wood’s flagship ETF hit with record outings in September

[ad_1] Short sellers posted returns of more than 9% of their bets against the flagship fund of investment management firm Cathie Wood in September, as the fund suffered its worst monthly outflows on record, the data showed. S3 Partners, a financial analysis firm, said as of Oct. 5, short sellers had made $ 407 million … Read more

“Containergeddon”: supply crisis pushes Walmart and rivals to lease their own ships

[ad_1] Large US retailers charter ships amid supply crunch Dozens of container ships stranded in US west coast ports Asian Supply-Dependent Businesses Face Challenging Holiday Season Shipping operators can benefit from soaring container prices LOS ANGELES, October 7 (Reuters) – The Flying Buttress once crossed the oceans carrying vital goods like grain to all corners … Read more

How a steel shortage in the United States created a market bubble

[ad_1] The Covid-19 pandemic plunged supply chains into chaos, and steel – an essential metal used in everything from dishwashers to cars – was not immune to these disruptions. “Steel is certainly one of those examples of shortages, higher prices and growing customer frustration,” Anirban Basu, chief economist at Associated Builders and Contractors, told CNBC. … Read more

With construction of NGA underway, attention turns to development around $ 1.7 billion campus – STLtoday.com

[ad_1] With construction of NGA underway, attention turns to development around the $ 1.7 billion campusSTLtoday.com National Geospatial-Intelligence Agency boss reveals his data strategyC4ISRNet Geospatial Conference Launches in St. Louis, Providing Insight into Growing IndustryKSDK.com NGA chief hails agency expansion in west and raising awareness among startups and universitiesNews See full coverage on Google News … Read more