Peloton to cease manufacturing of exercise equipment by end of 2022
Peloton, the company popular for its at-home exercise bikes and treadmills, has announced it will no longer manufacture its exercise equipment due to deflating demand and the need for supply chain simplification.
California warehouses vacancies at 0.6%
California warehouses are likely to get overloaded as U.S. retailers see slowing sales and constant merchandise coming in from across the Pacific to U.S. West Coast ports.
The Infrastructure Bill may have passed, but at what inflationary cost?
While the 2,702-page, trillion-dollar infrastructure bill is quite the feat for the Biden Administration, it seems that it is one of the main catalysts in the highest inflation rate America has seen in 40 years.
U.S. soil welcomes back manufacturing from overseas
U.S. companies are bringing workforces and supply chains back to American soil at significant rates.
East coast ports absorbing re-routed containers from West Coast ports
East Coast ports are starting to see a wild influx of traffic as the West Coast continues to navigate an excess of supply chain hiccups.
The drone industry and the FAA are in the sights of Congress
The National Airspace System may have drones joining its ranks as Congress begins a long-term effort to reauthorize the Federal Aviation Administration.
Ph.D. student advocates for improved healthcare logistics in Africa
PhD student Emma Gibson is advocating for better health care logistics in her home continent of Africa.
Istanbul shipping coordination center proposed between Russia and Ukraine
The southern port city of Odessa, Turkey is seizing an opportunity - establishing a new shipping coordination center in Istanbul.
CHIPS and Science Act passes the Senate, pushing for semiconductor solutions
The Senate passed the CHIPS and Science Act this past Wednesday, gaining approval from industry groups lobbying for solutions to the semiconductor shortage.
Is a recession on the horizon? It’s anyone’s guess
The Treasury Secretary, Democrats, Republicans, and the economists at Goldman Sachs have wildly different opinions on the US economy - is it running headway into the Great American recession?
Tariffs on baby formula suspended after 5 month shortage
Five months after the beginning of a shortage that has had parents of infants across America scrambling for baby formula, President Joe Biden signed legislation to suspend tariffs on imported baby formula.
Training schools are opening up to fill the technician labor shortage
The technician shortage has repair shops and fleets desperately looking for talent.
Biden Administration sidesteps nationwide railroad worker strike with creation of emergency board
The creation of the Presidential Emergency Board (PEB) comes on the heels of approximately 115,000 railroad workers across the nation threatening a full-scale strike.
American cherry exports boom in China
The Chinese love their American cherry imports - so much so, that the top buyer of US cherries has impacted airfreight capacity for other export markets to ensure their shipments get delivered.
Truck parking bill clears House committee
The Truck Parking Safety Improvement Act, HR2187, has officially cleared the full House Committee on Transportation and Infrastructure.
Grain export agreement brokered between Ukraine and Russia
Grain exports are set to return to the Ukrainian Black Sea after the deal has been struck between the country and invading Russia.
Jeep pulls manufacturing plant out of China
Global car manufacturers are nervously watching as Jeep shuts its doors to its China plant.
Russia puts Nord Stream gas pipeline back in action, feeding Europe natural gas
The Nord Stream pipeline system is back in operation after a brief respite, delivering Russian gas flow into Europe, which is under the massive strain of reduced supplies.
Lack of smartphone demand leads to oversupply of semiconductor chips
The market’s demand for smartphones was fallen slightly to the wayside, and the semiconductor suppliers that have been voicing fears of a shortage now have an oversupply of chips.
CMA CGM SA billionaire CEO pushes back on French lawmakers new tax plan
Chief Executive Officer Rodolphe Saade of shipping giant CMA CGM SA is slamming French lawmakers for their new tax proposal, meant to stifle inflation by raising taxes on corporate profits.