Logistics Recap
May 21st – May 27th
Weak peak season for shipping on the horizon, warns Seko Logistics
According to freight transportation providers, this year’s peak shipping season may be lackluster and delayed compared to usual. Despite clearing out excess inventory, merchants are hesitant to place new import orders, leading to a subdued outlook.
Seko Logistics executives highlighted that customers in various sectors, such as fashion, technology, defense, and medical devices, are displaying caution in placing purchase orders due to heightened uncertainty surrounding the economy and consumer confidence.
Maersk Innovation Center opened in New Jersey
In a press release on May 16, Maersk revealed the establishment of a new center dedicated to emerging technologies, aimed at expediting supply chain innovation and resilience. Located in Jersey City, New Jersey, the Maersk Innovation Center intends to implement a systematic approach in developing a pipeline of innovative ideas and devising means to accelerate their implementation.
According to a spokesperson’s email response to Supply Chain Dive, the center will focus on testing and expanding the usage of tools that enhance operational processes for customers.
Read More Here Supply Chain Dive
Truck emissions rule voted to be overturned
On May 23, the United States House of Representatives voted 221 to 203 in favor of reversing Environmental Protection Agency (EPA) regulations intended to reduce emissions of soot and smog from heavy-duty trucks.
The EPA finalized these regulations in December 2022, representing the first significant update to nitrogen oxide (NO2) emission standards for heavy-duty trucks in more than two decades. The new standards were reported to be at least 80% more stringent than the previous ones, as stated by the EPA. Additionally, the EPA estimated that implementing the new rules could prevent approximately 2,900 premature deaths and 6,700 hospital admissions between 2027 and 2045.