Trying Times Give 3PLs an Opportunity to Prove Their Worth
The past two years have been difficult ones for shippers to move their freight. But times like these are when logistics providers can most clearly demonstrate the value they bring to their business partners.
Solid Import Volumes Still Flow Through Port of Long Beach
The head of the U.S.’s second-busiest container seaport said he has seen no letup in import volumes, though there may be some slowing in coming months as high inflation and growing services spending threaten to temper consumer demand for goods.
Supply Chain Pressures Soar to a Record, Index Shows
The Logistics Managers’ Index, a measure of U.S. supply chain pressures, rose to a record.
Wait Times for Chips Grow Modestly in March
The wait times for semiconductor deliveries rose slightly in March, reaching a new high, after lockdowns in China and an earthquake in Japan further hampered supply.
Gloom in Transports Sends Smoke Signal for US Stocks
The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American consumers: Transportation shares.
Congressional Negotiations Ramp Up on Supply Chain, Semiconductor Package
WASHINGTON — Recent passage in the U.S. Senate of comprehensive legislation aimed at boosting domestic manufacturing of semiconductors is helping to set in motion formal negotiations with House lawmakers.
Global Supply Lines Brace for Economic Storm to Widen
Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s COVID lockdowns, threatening slower growth and faster inflation across the global economy.
A World That’s More Expensive Begins to Reduce Demand
Prices for some of the world’s most pivotal products — foods, fuels, plastics, metals — are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.
March 28, 2022Granting Relief: How Ports Are Managing the Movement of Goods
Executive Director of the Port of Long Beach, Mario Cordero, joins TT's Dan Ronan to discuss his current outlook on port operations, the fate of the proposed container dwell time fee, and what the planned $450 million in grants from USDOT means for U.S. ports.
March 24, 2022States Seek to Ease Inflation Burden With Direct Payments
PORTLAND, Maine — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money.