Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s COVID lockdowns, threatening slower growth and faster inflation across the global economy.
March 29, 2022Search
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Warren Says Ocean Freight Alliances Add to Inflation
Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling “the anti-competitive nature” of the industry the root cause of soaring prices to transport goods around the global economy.
March 25, 2022USPS Doubles EV Order From Oshkosh
The U.S. Postal Service announced March 24 it ordered more than 10,000 new electric delivery trucks, up from the 5,000 the agency had initially planned to purchase.
March 24, 2022White House to Seek Infrastructure, Freight Boost in FY23 Budget
WASHINGTON — The Biden White House intends to seek a boost in funding for infrastructure programs and freight-related grants in its upcoming budget request to Congress.
March 24, 2022Lockdowns Hinder Operations at Key Chinese Ports
Congestion in the key Chinese ports of Shenzhen and Hong Kong due to COVID-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U.S. this summer.
March 24, 2022Senate Committee Approves Ocean Shipping Reform Act
WASHINGTON — A U.S. Senate panel easily approved legislation meant to facilitate the flow of freight at the country’s ports.
March 22, 2022Canadian Pacific Reaches Deal With Union to End Stoppage
Canadian Pacific Railway said it will resume normal operations after it agreed to work with an arbitrator on a contract for 3,000 workers, ending a two-day work stoppage.
March 22, 2022Iowa Towns Negotiate With Canadian Pacific Over Train Traffic
Cities along the Mississippi River and Canadian Pacific officials are talking about ways to measure and address the impact of its proposed merger with Kansas City Southern. The consolidation could triple the train traffic in the Iowa Quad-Cities.
March 22, 2022Port of Mobile Reports Volume Boom in February
The Port of Mobile saw double-digit jumps in container traffic in February, the Alabama Port Authority has reported.
March 18, 2022Carriers Suspend Operations in Russia, Ukraine
Transportation companies have been suspending operations in Russia and Ukraine amid the ongoing war between the countries.
March 17, 2022