New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.
August 22, 2022Government, Business, Fuel
New York Turns to Ships to Head Off Gas Shortage
Government, Business, Technology, Logistics
Entire US Supply Chain Needs 24/7 Operations, Not Just Ports, Official Says
All parts of the U.S. supply chain — not just its ports — need to move to round-the-clock operations to alleviate snarl-ups and reduce overall costs, President Joe Biden’s supply chain czar said.
August 10, 2022Government, Business, Technology
Micron’s Warning Adds to Evidence of Collapsing Demand for Chips
Micron Technology Inc., the leading U.S. maker of memory semiconductors, became the latest chipmaker to declare that demand is falling off rapidly. It warned investors that revenue won’t meet projections, sending industry stocks tumbling.
August 9, 2022Business, Equipment, Logistics, Perspective
Perspective: Flexibility Helps With Supply Chain Delays
For years, just-in-time supply chain practices were the name of the game for many companies. But in the aftermath of the pandemic and subsequent supply chain tangles, building up and keeping heavier inventories has come to the forefront as a core strategy. While there’s merit to both approaches, companies need to be prepared and take some action on unintended consequences of the new sea change.
August 1, 2022Government, Business, Technology, Logistics
Congress Approves Semiconductor, Supply Chain Bill
Legislation to boost domestic semiconductor manufacturing while improving freight access along the nation’s supply chains was sent to President Joe Biden’s desk July 28.
July 28, 2022Government, Business, Technology
Senate Sets Up $52 Billion Semiconductor Vote
A $52 billion boost to the U.S. domestic semiconductor industry moved one step closer to reality July 26 when the Senate advanced legislation providing grants, incentives and tax breaks to the sector and set it up for final passage this week.
July 26, 2022Government, Business, Logistics, TCA
Trucker AB 5 Blockade Ends at Port of Oakland
Fruit, nuts and wine are again flowing through the Port of Oakland after truckers quietly ended a multiday blockade over the weekend amid a crackdown on AB 5 protesters by port authorities.
July 25, 2022Government, Business
Trucker AB 5 Protest Hampers Operations at Port of Oakland
About 450 dockworkers did not report to work at California’s third-busiest port, Port of Oakland, July 21 as truckers protesting the AB 5 gig-work law blocked access to the operation for a fourth day.
July 21, 2022Business, Logistics
NYC Ports’ Saturday Hours Aren’t Helping Supply Chain Snarls
The Port of New York and New Jersey is struggling to process cargo despite expanded gate hours, illustrating fresh difficulties plaguing supply chains as shippers redirect goods to avoid bottlenecks in other parts of the country.
July 21, 2022Government, Business, Technology
Senate’s Bipartisan Chips Bill Would Add $79 Billion to US Deficit
The Senate’s bipartisan bill to strengthen the nation’s technology sector in the face of Chinese competition was estimated July 21 to increase U.S. budget deficits by $79 billion over a decade if enacted.
July 21, 2022