Category: Finance

All eyes on East Coast ports as volumes spike, Ever Given fallout looms

The Ever Given is no longer lodged in the Suez Canal, but the pileup it caused has everyone wondering what repercussions may materialize in the coming weeks. While most of the cargo containers transiting the Suez Canal move from Asia to Europe,...

24 June, 2021

Austin draws closer to scoring $17 billion factory from tech giant

Finance Industrial Tech

Austin draws closer to scoring $17 billion factory from tech giant

Austin now appears to be the frontrunner for landing Samsung’s new $17 billion U.S. chipmaking plant. Citing unnamed sources, South Korea’s Electronic Times reports that Samsung has picked Austin over the Phoenix area and upstate New York for the massive project. Samsung reportedly will...

24 June, 2021