What Happened
Logistics Fund Targets Supply Chain Efficiency and Resilience
A new venture-capital fund, backed by Prologis and the American Bureau of Shipping, is launching a $200 million bet on a US revival in maritime and logistics. The fund, managed by TMV Logistics, aims to tap into growing interest in supply-chain efficiency and resilience. With the US government seeking to stimulate shipbuilding investments, this move may indicate a growing trend towards revitalizing the US maritime industry. The development was first reported by The Wall Street Journal.