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Tag: Shipping

Dave Clark launches Auger, raising $100 million for the AI ​​company

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Dave Clark launches Auger, raising 0 million for the AI ​​company

Dave Clark, a former Amazon and Flexport executive, announced Tuesday that he has launched a new venture by founding Auger, a logistics software startup. Backed by $100 million from investment firm Oak HC/FT, Auger aims to advance supply chain management operations using AI and other automation to streamline decision-making for companies of all sizes. Clark's […]

The supply of blockbuster weight loss drugs has been affected by the trade halt

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The supply of blockbuster weight loss drugs has been affected by the trade halt

A Zepbound injection pen from Eli Lilly & Co., March 28, 2024. Bloomberg | Bloomberg | Getty Images As a port strike that stretched from New England to Texas halted nearly half of all trade to the U.S., customs data shows critical medical equipment and drug components for the booming, expensive weight loss and diabetes […]

Truck drivers and railroads struggle to move billions worth of freight

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Truck drivers and railroads struggle to move billions worth of freight

Shipping containers stacked in a storage yard outside the APM Terminals yard at the Port of Mobile in Mobile, Alabama, USA on Saturday, September 28, 2024. Micah Green | Bloomberg | Getty Images With a potential strike at ports along the East Coast and along the Gulf Coast set to begin after midnight Monday, logistics […]