supply chain News Updates

Business, Fuel

Supply Chain Woes Threaten to Drive Up Clean-Power Costs

Bottlenecks in the global supply chain threaten to drive up renewable-power costs, reversing a decadelong trend that made wind and solar mainstream.

October 28, 2021
Government, Business, Safety, Logistics

Ports of L.A., Long Beach to Fine Firms Over Container Backlog

In an effort to clear the growing backlog of containers, the ports of Los Angeles and Long Beach are charging shippers a container storage surcharge that port officials say will increase based on the number of days a unit sits in one of the facilities.

October 26, 2021
Business, Equipment, Logistics

No Quick Fix in Sight to Move Freight, Panelists Say

NASHVILLE, Tenn. — Fixing the severely kinked supply chain will take well into 2022, panelists said at American Trucking Associations' Management Conference & Exhibition.

October 26, 2021
Government, Business, Technology, Logistics

Amazon Tries to Calm Fears Over Supply Chain Woes

Amazon .com Inc. is talking up the size of its delivery operation to ease public alarm that a supply chain crisis could strangle holiday shopping.

October 25, 2021
Government, Business, Logistics

Long Beach Relaxes Container-Stacking Rule

Officials in Long Beach, Calif., relaxed restrictions on storing shipping containers in a bid to ease a bottleneck that’s left nearly 80 vessels waiting offshore to enter the biggest U.S. gateway for ocean freight.

October 23, 2021
Business, Technology, Equipment, Fuel, Autonomous

Volvo Income, Revenue Rise Despite Supply Chain Disruptions

Volvo Group reported strong third-quarter earnings and revenue gains in the face of chip shortages and other issues caused by global supply chain disruptions.

October 22, 2021
Government, Business

Congressional Republicans Sound Alarm Over Supply Chains

WASHINGTON — Supply chain bottlenecks at the ports and rising prices for certain goods are indicative of the administration’s inability to respond to the COVID-19-era economy, a large contingent of congressional Republicans told President Joe Biden.

October 22, 2021
Government, Business, Logistics

Containerships Headed for US Poised to Worsen Port Bottlenecks

The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean freight — is poised to worsen.

October 22, 2021
Government, Business, Logistics

J.B. Hunt Reports $3.14 Billion in Revenue for Q3

J.B. Hunt Transport Services experienced both revenue and net income growth during the third quarter of 2021, the company reported Oct. 15.

October 15, 2021
Government, Business, Logistics

UK May Ease Curbs on Foreign Trucks

The British government is considering suspending restrictions on the number of drop-offs that foreign truck drivers can make on trips to the U.K. in an effort to ease the country’s supply chain problems.

October 14, 2021