News
Logistics Recap August 8th – August 13th
Logistics Recap
August 8th – August 13th
Fertilizer shipper seek carrier reforms to address supply chain snags
Fertilizer shippers are pressuring the Biden administration for transportation-related changes they say will help lower their costs and make them more competitive in world markets.
White House supply chain data exchange doubles in size
A White House pilot to share freight data among shippers and supply chain stakeholders has doubled in size, with participants beginning to exchange information.
Read More Here Supply Chain Dive
Gas prices in the U.S. fall below $4 a Gallon
Gas prices in the United States fell below $4 a gallon on Thursday, retreating to their lowest level since March, a sign of relief for Americans struggling with historically high inflation, and a political boost for President Biden, who has been under pressure to do more to bring down prices.
Logistics Recap July 31st – August 6th
Logistics Recap
July 31st – August 6th
FMC wants ocean carriers to pay for container storage
The head of the Federal Maritime Commission is warning ocean carriers serving the Port of New York and New Jersey to stop forcing shippers and drayage truckers to store their containers — and pay them for it when they do.
Air cargo carrier for UPS expands operations in bid for autonomous flight
A UPS-contracted air cargo carrier has expanded its U.S. operations, aiming to strengthen the case for its autonomous flight technology to be approved by the Federal Aviation Administration.
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Taiwan turmoil prompts detours and delays for global shipping
China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is already having ripple effects across global supply chains, prompting detours and causing delays of energy shipments.
Logistics Recap July 24th – July 30th
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.
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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.
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.