Q1 global trade reports value of $7.7 trillion
This growth is spurned by growing commodity prices among inflation concerns and is expected to slow substantially in the 2022 Q2 findings.
U.S. trade gap shrinks due to increase in exports
The shrinkage comes in light of a pickup in exports and has elevated the second-quarter gross domestic product.
American CEOs continue reshoring trend
New manufacturing facilities are being built across the United States at a growth rate of 116%.
Tesla deliveries slow to a crawl after Shanghai plant’s shutdown
Tesla vehicle deliveries slow to a crawl after months of supply chain disruptions affecting manufacturing in China.
Almonds bound for EU & Asia are trapped at West Coast ports
Almonds straight from California are now stranded at European, Chinese, and Indian ports - a billion pounds worth.
Alexandria, Virginia provides free bus rides to all residents in push to better market public transit
The movement has enhanced public perception of DASH, due to state and regional funding that has been used to create a better service for riders.
La-Z-Boy announces big changes to supply chain strategy after to months-long backlogs
The move comes as customized La-Z-Boy products that once took 4-6 weeks to deliver were now taking up to 7 months.
West coast ports ask Biden Administration to extend current port worker contract amid negotiations
West Coast representatives for the ports fear the worst and are asking the Biden Administration to intervene.
Ukraine’s wheat harvest will struggle this July
July is the prime time of year to begin harvesting wheat, but the strained wheat market is tired.
Will supply chain issues affect Independence Day fireworks celebrations?
The Fourth of July is the largest day of the year for the firework industry, but shipping issues have created a shortage of fireworks for the celebratory activities.
We survived “Bloody Friday”, but what shipping stocks are in store for could be far worse
Cruise ship stocks have crashed, leaving some experts to warn that companies like Carnival can expect to drop to zero if things don’t change - and fast.
Profitable carriers can teach something to struggling airlines
The airline industry has had a weak performance in light of the COVID-19 pandemic. But shareholder value can still be sown.
The railroads are depending on the ports to ease congestion
Southern California has been battling supply chain issues at the ports for months, now leaving suppliers in a tight position while they wait record times for their products to arrive at their doorsteps.
10% of global companies are connected to now U.S.-banned Xinjiang goods
Any goods linked to the western Chinese region of Xinjiang are now banned from being imported to the United States, causing a ripple effect in the supply chain.
New Global Supply Chain Chief announced after predecessor’s retirement
The fast-food conglomerate McDonald’s has announced its new global supply chain chief, Marion Gross.
AP-NORC poll finds that a staggering amount of Americans, including 8 in 10 Democrats, are worried for America’s near-future
Gas and groceries prices, a war in Eastern Europe, and deepening political divides in America have both sides of the aisle troubled.
Biden Says that Americans will need to deal with high gas prices until Russia removes itself from Ukraine
“As long as it takes,” was President Joe Biden’s answer to reporters in Madrid on June 30 regarding how much longer the gas prices will rise in the West.
As the demand for parts grows, dealers should capitalize
The parts business is booming - but what can be done to capitalize on that?
Ice caps melting is bad for environment, but good for new shipping routes
While Arctic ice melts, global shippers might be quietly celebrating.
BNSF limiting westbound shipments of food & diesel
The embargo will not include essential items such as water treatment chemicals and military equipment, but will greatly hinder shipments until July 31 to BNSf networks west of Illinois.