Retailers Plead To Fix Port Congestion That Has Upended Supply Chains

The National Retail Federation is calling on the White House to address the logjam at US ports that is snarling commerce as the economy swiftly recovers from the pandemic, reports CNN.

Challenges for Retailers

“The supply chain disruption issues, especially the congestion affecting our key maritime ports, are causing significant challenges for America’s retailers,” Matthew Shay, the NRF’s president and CEO, wrote in a letter to President Joe Biden on Monday.

The retail trade group warns that these...

https://mfame.guru/retailers-plead-to-fix-port-congestion-that-has-upended-supply-chains/

Italian firm building $150M shipyard in Mexico

Italian shipbuilding giant Fincantieri recently announced the construction of a ship repair and maintenance yard at Mexico’s Port of Progreso. 

The new shipyard will be part of an ongoing expansion and modernization project at the port, located in Mexico’s Yucatán state, near the capital city of Mérida.

“The project envisages two masonry dry docks, the largest in the Americas, able to harbor ships up to 400 meters (over 1,320 feet) in length, particularly cruise ships, large cargos and oil and...

https://s29755.pcdn.co/news/italian-firm-building-150m-shipyard-in-mexico