supply chain News Updates

Government, Business

A World That鈥檚 More Expensive Begins to Reduce Demand

Prices for some of the world鈥檚 most pivotal products 鈥 foods, fuels, plastics, metals 鈥 are spiking beyond what many buyers can afford. That鈥檚 forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.

March 28, 2022
Business, Logistics

Granting Relief: How Ports Are Managing the Movement of Goods

Executive Director of the Port of Long Beach, Mario Cordero, joins TT's Dan Ronan to discuss his current outlook on port operations, the fate of the proposed container dwell time fee, and what the planned $450 million in grants from USDOT means for U.S. ports.

March 24, 2022
Government, Business, Fuel

States Seek to Ease Inflation Burden With Direct Payments

PORTLAND, Maine 鈥 With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store 鈥 sending money.

March 24, 2022
Government, Business

White House Unveils FLOW Plan to Improve Supply Chain

In an effort to open up the nation鈥檚 clogged supply chains, the Biden administration on March 15 announced plans for a pilot program under which organizations across the transportation landscape would share data with one another to improve the overall flow of goods.

March 16, 2022
Business, Technology, Equipment

Intel Outlines Plans Amid Global Chip Race

Magdeburg in the former East Germany is famous for its towering Gothic cathedral, and not a lot else. It鈥檚 now about to play a key role in U.S. and European efforts to tilt the global balance of power.

March 16, 2022
Government, Business, Logistics

US Slashes Russia Trade Status

WASHINGTON 鈥 President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

March 11, 2022
Business, Logistics

How Freight Volumes Get Suppressed Despite Strong Demand

Carriers have struggled to fully capitalize on high demand because of factors suppressing volumes, American Trucking Associations Chief Economist Bob Costello said March 1.

March 2, 2022
Business, Technology, Equipment, Fuel

Lucid Sinks After Cutting Production Goal on Commodity Woes

Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing 鈥渆xtraordinary鈥 challenges with logistics and its supply chain.

March 1, 2022
Business, Technology, Equipment, Top 100

Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders

No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.

February 28, 2022
Government, Business, Logistics

US Presents 鈥楤uy American鈥 Plan to Ease Supply Chain Squeeze

The Biden administration announced several new actions Feb. 24 intended to ease supply chain disruptions that have plagued the economy during the coronavirus pandemic.

February 24, 2022