News
Logistics Recap July 2nd – July 8th
Logistics Recap
July 2nd – July 8th
ZTruck transportation fluctuates
Total jobs in June in the truck transportation sector declined by 200 jobs from May, according to the BLS, coming in at 1,609,700 jobs on a seasonally adjusted basis. But that decrease came against an adjusted figure for May, which was an increase of 700 jobs from the initial May employment report. April jobs were revised upward by 100 jobs.
The end result is that the latest figure for June is 1,000 jobs more than the revised April figure. But it’s still down from the first month of the year.
Strike hits Canada’s West Coast ports
Container terminals at Canada’s West Coast ports are at a standstill after the International Longshore and Warehouse Union Canada and the British Columbia Maritime Employers Association reached an impasse in negotiations, leading the union to strike on July 1.
More than six days into the strike, the two parties are still at an impasse on certain contract terms, dashing hopes for a quick resolution. Now, business leaders, politicians and analysts are watching the situation closely, asking: How did we get here? How could the strike end? And what effects could the work action have on supply chains?
Read More Here Supply Chain Dive
IMO agrees to moving up goal of zero greenhouse gas emissions
The IMO is finding it tough to set greenhouse gas emissions that everyone can agree on. The International Maritime Organization’s (IMO’s) member states recently agreed to move up their goal of reaching net-zero greenhouse gas (GHG) emissions by or around 2050. But the IMO faces a “divide in the sector” between nations that are looking for tough targets, and other countries that seem unwilling to make a quicker transition away from fossil fuels, according to The Wall Street Journal.
Logistics Recap June 25th – July 1st
Logistics Recap
June 25th – July 1st
UPS, Teamsters union making ‘significant movement’ on contract termsa
UPS Inc. has made a contract offer to the Teamsters union that the union said Friday represents “significant movement” on wages, benefits and worker classification language.
Despite the progress, it isn’t enough, the union said in a statement. After UPS executives left the negotiating room, Teamster national committee members caucused and agreed to continue to put pressure on the company. “One of two things is going to happen next-UPS will come to terms on a deal we can confidently recommend to our members, or UPS will fail and the company will put itself on the street,” said Fred Zuckerman, the Teamsters general secretary-treasurer.
Egg supply stabilizes, up 4% from 2022
U.S. egg production numbers are on the rise, signaling a rebuild after bird flu decimated commercial flocks last year and sent prices skyrocketing.
A total of 9.37 billion eggs were produced in May, up 4% from last year, according to the U.S. Department of Agriculture. Egg production levels were down as much as 6% earlier this year, but started to show signs of improvement in April.
Read More Here Supply Chain Dive
Labor negotiations for East and Gulf Coast ports hit speed bump
Labor negotiations for East Coast and Gulf Coast ports, previously on a fast track, have hit a speed bump. The next step in the two-pronged U.S. longshore contract talks had gotten an early start well ahead of the expiration of the contract next year. But, the Wall Street Journal reports, the International Longshoremen’s Association (ILA) has halted the negotiations, with union chief Harold Daggett saying the employers weren’t willing to meet labor’s demands.
Logistics Recap June 18th – June 24th
Logistics Recap
June 18th – June 24th
BNSF brake safety technology expansion backed by railway carmen
BNSF’s mechanical division and the Brotherhood of Railway Carmen (BRC) are working together on a program that seeks to ensure brake health.
BRC is supportive of BNSF’s (NYSE: BRK) efforts to go before the Federal Railroad Administration and ask for the expansion of a test waiver that would enable both parties to continue work on BNSF’s brake health effectiveness (BHE) program, according to a joint news release from both groups Tuesday.
Deutsche Post DHL Group now just DHL
Deutsche Post DHL Group is changing its name to just DHL Group as of July 1, the company announced Monday.
Though Deutsche Post will continue to be used in Germany, the move reflects the world’s greater recognition of the DHL brand worldwide, CEO Tobias Meyer said in a statement.
Read More Here Supply Chain Dive
Panama Canal facing worst drought in a century
The government agency that manages the Panama Canal implemented transit restrictions in May, as a result of the canal’s driest spell in more than a century. Since then some large vessels have had to reduce container loads by roughly one-quarter, says the Wall Street Journal.
The restrictions are expanding over the coming weeks, with the allowable draft of vessels stepping down to 43 feet from the 50-foot peak level.