Logistics Recap

July 24th – July 30th

House sends Biden $52B boost for US semiconductor production

The House on Thursday approved a sweeping $280 billion legislative package aimed at keeping the U.S. competitive with China and easing a persistent shortage of computer chips that have bottlenecked production across industries.

Read More Here Supply Chain Dive

 

More passenger routes help sustain IAG’s Q2 air cargo revenues

Cargo business tailed off during the second quarter at International Airlines Group, parent of British Airways and Iberia, in line with overall market softening due to inflation, pandemic lockdowns in China, the Ukraine invasion and airport congestion.

Read More Here Freightwaves

 

Container ship backlog grows again at the port of Savannah

A backup of container ships off one of the U.S. East Coast’s busiest ports has swelled to 40 vessels, reviving a bottleneck that had cleared earlier this year and raising fresh concerns over potential supply-chain disruptions during the critical peak shipping season.

Read More Here Wall Street Journal