supply chain News Updates

Government, Business, Safety, Logistics

Inflation, Tangled Supply Lines Are Gripping Economy

WASHINGTON — Since the pandemic erupted two years ago, Forest Ramsey and his wife, Kelly, have held the line on prices at their gourmet chocolate shop in Louisville, Ky. Now, they’re about to throw in the towel.

February 11, 2022
Government, Business, Logistics

US Senators Introduce Supply Chain Bill Amid Funding Negotiations

WASHINGTON — To alleviate supply chain woes around the country, two senior senators introduced legislation meant to improve the flow of freight at commercial ports.

February 10, 2022
Business, Logistics

Seroka Sees Chance to Ease Ship Backlog by Summer Peak

U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter, even if the next peak shipping season arrives sooner than usual, Port of Los Angeles Executive Director Gene Seroka said Feb. 9.

February 9, 2022
Government, Business

US Trade Gap Swells to Record in 2021 on Surge in Imports

The U.S. trade deficit grew in 2021 to the largest on record, reflecting a surge in the value of consumer-goods imports as the pandemic discouraged spending on services and drove more outlays for merchandise.

February 8, 2022
Business, Logistics

Metals Prices Reach Record as Shipping Costs Surge

Surging prices of the raw materials needed for refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.

February 7, 2022
Business, Logistics

Cardboard Box Shortage Is Latest Disruption to Global Shipping

The latest hurdle to shipping goods in a world gripped by pandemic-driven supply chain disruptions is a shortage of cardboard boxes, according to one of the world’s biggest makers of the material.

January 27, 2022
Government, Business, Logistics

Vaccine Rule Raises Shipping Costs for Canadian Grocer

The head of one of Canada’s largest supermarket chains says the vaccine mandate for truckers crossing the U.S.-Canada border is raising the cost of shipping fresh food. But so far, it has had little impact on the retailer’s ability to stock shelves.

January 25, 2022
Government, Business, Logistics

The Federal Response to a Disrupted Supply Chain

By the end of last year, the long-awaited $1 trillion infrastructure policy bill was signed into law, the holiday season saw the vast majority of packages delivered with minimal delays, and the USDOT announced more than $241 million in grants to domestic ports.

January 19, 2022
Government, Business, Logistics, Breaking News

Truck Tonnage in December Increases 1.4% Year-Over-Year

Truck tonnage in December rose a seasonally adjusted 1.4% compared with the same month in 2020 — the fourth consecutive year-over-year gain and the highest measurement since March, American Trucking Associations announced.

January 18, 2022
Government, Business, Logistics

Ocean Shipping Rates Driving Inflation, Experts Caution

Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers — and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything.

January 18, 2022