A suspension of trucking services in several parts of east China’s Zhejiang province has slowed the transportation of manufactured goods and commodities through one of the world’s most important ports.
January 7, 2022Search
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‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure
The Jan. 4 announcement appears to be a significant step in that direction. According to the governor’s office, the overall concept calls for $231.6 million in investment in rail projects “to upgrade economic development infrastructure in central and southern Alabama.â€
January 6, 2022US Trade Deficit Widens as Imports Surge to a Record
The U.S. trade deficit widened in November, reflecting a surge in the value of imports as domestic retailers made a final push to stock shelves for holiday shoppers and demand for foreign oil increased.
January 6, 2022US Needs to Guard Exports From Supply Chain Snarls, Envoy Says
U.S. port authorities and ocean carriers, dealing with record import volumes, need to ensure that exports aren’t hindered amid the unprecedented supply chain logjams that aren’t showing clear signs of dissipating, President Joe Biden’s port envoy said.
January 5, 2022British Freight Lobby Slams ‘Profiteering’ in Container Shipping
The British International Freight Association is calling on the U.K. government to investigate the state of competition within the global container-shipping market, as transportation costs remain elevated heading into the third year of the pandemic.
January 5, 2022US Merchandise-Trade Gap Widens to Record as Imports Surge
The U.S. merchandise-trade deficit widened to a record in November as imports surged to an all-time high. The gap increased to $97.8 billion last month from a revised $83.2 billion in October, according to Commerce Department data released Dec. 29.
December 29, 2021Project at Port of Tacoma Aims to Relieve Congestion
At the Port of Tacoma, leaders hope a new project to build added storage capacity for containers will help operations run more smoothly as ports across the West Coast are now facing a surge with activity resuming.
December 27, 2021More Trucking Acquisitions Ahead for 2022
The trucking industry experienced a surge in acquisitions during the past year, with more expected to occur in 2022.
December 27, 2021Truck Driver Shortage Looms Over 2022
Trucking is likely to continue to see a shortage of professional drivers with the underlying causes showing no signs of stopping in 2022.
December 27, 2021USDOT Gives $241 Million to Ports to Boost Supply Chain
WASHINGTON — Transportation Secretary Pete Buttigieg is awarding more than $241 million in grants to bolster U.S. ports, part of the Biden administration’s near-term plan to address America’s clogged supply chain with infrastructure improvements to speed the flow of goods.
December 23, 2021