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Dec. 21, 2020 6:30 am ET Logistics technology provider project44 raised $100 million in a Series D funding round that will help to expand the reach of its supply-chain visibility software and build its business as it weighs a potential public stock offering over the long term. The funding round was led by existing investor Insight Partners, and backing from 8VC, Emergence Capital Partners, Omidyar Technology Ventures, Sapphire Ventures LLC, Sozo Ventures, and Underscore VC. The investment is the latest in a growing surge of financial support going to digitally-focused logistics prov...

Dec. 18, 2020 6:00 am ET Federal officials are taking a page from the playbook used during the H1N1 pandemic in plans to speed vials of Moderna Inc.’s Covid-19 vaccine to thousands of locations if the shot is cleared for use by U.S. regulators. The U.S. rollout plan for the Moderna vaccine and any others authorized after that relies on McKesson Corp. , one of the world’s largest drug wholesalers, as a go-between to manage the shipment of shots as well as syringes and other supplies needed for inoculations. The strategy contrasts with ...

British Ports Are Struggling Under a Crush of Containers IKEA and Honda are among the prominent companies hit as a flood of pre-Brexit business floods major U.K. gateways England’s Port of Felixstowe is clogged with containers as the U.K. bids final farewell to the European Union in around two weeks. But experts say that is not the only reason. Photo: Joe Giddens/Zuma Press By Dec. 16, 2020 2:14 pm ET When British shoppers tried to stock up on IKEA home goods in recent weeks, the Swedish retailer offered many of them apologies for delays rath...