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Monthly Archives: March, 2021

Online Retailers In Race For Warehouse Space To Service Orders

With online shopping accelerating in the pandemic a space race is now on for building warehousing facilities to sustain the rapid growth of ecommerce companies, CNN reported. Former golf courses, office buildings, vacated shopping malls were all getting snapped...

Nomura, Credit Suisse Warn Of Hits From US Hedge Fund Positions

Nomura and Credit Suisse warned that first-quarter results, would take significant hits as they started exiting positions with a large U.S. hedge that failed to honor margin calls last week, CNBC reported. Nomura, Credit Suisse Warn Of Hits From US...

NASA Unveils $400 Million Program To Allow Private Companies Build New Space Stations

The National Aeronautics and Space Administration last year completed two decades of International Space Station operations. However, as age catches up with the floating research laboratory, NASA is looking to private companies for setting up such labs in low...

Global Trade Takes Major Hit As Attempts To Free Ever Given Continue

With the Suez Canal blocked by a container ship stuck sideways, efforts are on to free the ship, as dredging crews work to remove massive amounts of sand and tugboats set to be pressed in on Saturday to help...

Suez Blockage Adds To Global Shipping Woes.

A container ship over a quarter-mile-long is at the centre of a global shipping and logistics crisis after it ran aground in the Suez Canal, blocking traffic and choking a critical global trade artery, CNN reported. With 200 vessels...

Milestone Union Vote At Amazon To Close, But Battle Likely To Continue

A year after workers first entered a new Amazon warehouse in Bessemer, Alabama, the curtain was set to fall on a milestone union vote at the facility, CNN reported. Milestone Union Vote At Amazon To Close, But Battle Likely To...
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