President Joe Biden said that his administration, together with labor unions and companies, succeeded in averting a holiday season supply chain crisis.
December 22, 2021supply chain News Updates
Biden Says Holiday Shipping Crisis Averted
Economy Grew at 2.3% Rate in Q3, Up From Earlier Estimate
WASHINGTON — The U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously thought, the Commerce Department said Dec. 22. But prospects for a solid rebound going forward are being clouded by the rapid spread of the latest variant of the coronavirus.
December 22, 2021Investing in the Future of the Supply Chain
While the pandemic exacerbated weaknesses in the global supply chain, new opportunities for the trucking industry to grow domestically have also been uncovered.
December 21, 2021Oakland Port Imports Rebound in November as Chaos Roars in L.A.
Container traffic at the Port of Oakland is starting to pick up again amid the supply chain chaos. Cargo imports handled by the Port of Oakland increased 6.5% in November from a year earlier, the hub said in an emailed statement Dec. 15.
December 15, 2021Snarled Supply Chain Ignites Economic Boom Along US-Mexico Border
Near-shoring is one of the biggest economic transformations sparked by the pandemic: Shrink the length of the supply chain to keep production closer to its final destination and reduce the risk of some snag messing things up along the way.
December 14, 2021Trucking Expresses Supply Chain Concerns Before House Panel
The potential harm that a proposed federal vaccine mandate could have on trucking was spotlighted by an industry executive who outlined for lawmakers key challenges facing motor carriers as they work to deliver goods across an increasingly stressed supply chain.
December 9, 2021Senate Panel Examines Supply Chain Disruptions
WASHINGTON — To help alleviate ongoing supply chain woes, a senior transportation policymaker in the U.S. Senate suggested federal agencies as well as industries look to ports along the Great Lakes.
December 8, 2021US Might Need to Produce More of Its Own Goods, Yellen Says
Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical goods domestically to protect its economic and national security.
December 7, 2021McLane Names Chris Smith to Lead Grocery Unit
McLane Co. Inc. announced Chris Smith joined the company as president of McLane Grocery, a $33 billion business unit that provides supply chain service to more than 70,000 retail locations.
December 3, 2021ATA’s Bob Costello: Economy Is Strong, but COVID, Inflation Threats Remain
Three core economic sectors of trucking are showing strength, but disruption from the omicron variant of the coronavirus hangs over the industry as it heads into 2022, American Trucking Associations Chief Economist Bob Costello said.
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