The pandemic has changed the nature of global supply chains with companies seeking to source goods from multiple places to minimize shipment and production disruptions.
June 21, 2022Search
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Tonnage Jumps 3.7% in May
Truck tonnage jumped 3.7% in May compared with year-ago levels, marking the ninth consecutive year-over-year gain and the largest since April 2021, American Trucking Associations announced.
June 21, 2022Ohio, Kentucky Apply for Federal Grant for New Interstate Bridge
Kentucky and Ohio officials are pushing forward to build a companion to the Brent Spence Bridge after both governors recently applied for a $1.66 billion federal mega infrastructure grant to improve the notorious bottlenecked 8-mile freight corridor.
June 15, 2022FAA Says Future Planes Will Need to Reduce Carbon Emissions
WASHINGTON — The Biden administration proposed June 15 that future planes produce lower levels of greenhouse gas emissions before they can be certified by federal regulators.
June 15, 2022House Transportation Leaders Press Freight Rail Safety
The top Democrats on the House transportation panel highlighted workplace safety concerns across freight rail operations shortly after the Biden administration awarded the industry grants to alleviate supply chain woes.
June 15, 2022May Retail Sales Post Drop as Auto Purchases Plunge
U.S. retail sales fell in May for the first time in five months, restrained by a plunge in vehicle purchases and other big-ticket items, suggesting moderating demand for goods amid decades-high inflation.
June 15, 2022Railroad, Union Labor Fight Moves Toward Biden Intervention
Major railroads, including Union Pacific Corp. and BNSF Railway Co., and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move that will likely force President Joe Biden’s administration to intervene and prevent a strike that could cripple an already-strained U.S. supply chain.
June 15, 2022Biden Signs Ocean Shipping Reform Act
President Joe Biden on June 16 signed the Ocean Shipping Reform Act, a legislative package designed to bolster the domestic shipping industry, and which drew praise from transportation and business leaders.
June 14, 2022West Coast Ports Strike Unlikely Even if No Deal Is Reached by July
Employers and the union representing more than 22,000 dockworkers at 30 U.S. ports on the West Coast are unlikely to reach a wage deal by the time the current contract expires next month, but neither side foresees disruptions that would hobble supply chains.
June 14, 2022Biden to Visit Busiest US Port as Union Talks Raise Risk of a New Logjam
President Joe Biden’s administration is trying to avert another inflation-spawning logjam at the nation’s busiest seaport, just as the economy is starting to recover from the last one.
June 10, 2022