supply chain

Government, Business

A World That’s More Expensive Begins to Reduce Demand

A vegetable vendor hands change back to a customer at the Central de Abastos Market in Mexico City, Mexico A vegetable vendor hands change back to a customer at the Central de Abastos Market in Mexico City, Mexico. (Alejandro Cegarra/Bloomberg News)

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, 2022
Business, Logistics

Granting Relief: How Ports Are Managing the Movement of Goods

Newsmakers

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, 2022
Government, Business, Fuel

States Seek to Ease Inflation Burden With Direct Payments

Pritzker Gov. J.B. Pritzker speaks at a past press conference regarding financial relief. (Associated Press Photo/John O'Connor, File)

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.

Patrick Whittle | Associated Press
March 24, 2022
Government, Business

White House Unveils FLOW Plan to Improve Supply Chain

Ports A containership at the Port of Long Beach, one of the initiative's participants. (Tim Rue/Bloomberg News)

In an effort to open up the nation’s clogged supply chains, the Biden administration on March 15 announced plans for a pilot program under which organizations across the transportation landscape would share data with one another to improve the overall flow of goods.

Dan Ronan | Senior Reporter
March 16, 2022
Business, Technology, Equipment

Intel Outlines Plans Amid Global Chip Race

Chips

Magdeburg in the former East Germany is famous for its towering Gothic cathedral, and not a lot else. It’s now about to play a key role in U.S. and European efforts to tilt the global balance of power.

March 16, 2022
Government, Business, Logistics

US Slashes Russia Trade Status

President Biden speaking on Russian trade March 11 President Biden announcing March 11 that the U.S. will move to revoke "most favored nation" trade status for Russia. (Andrew Harnik/Associated Press)

WASHINGTON — President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

March 11, 2022
Business, Logistics

How Freight Volumes Get Suppressed Despite Strong Demand

Bob Costello “Demand is there. No doubt about it, because the underlying drivers of growth are there. But we have got a supply chain problem," ATA's Bob Costello says. (John Sommers II for Transport Topics)

Carriers have struggled to fully capitalize on high demand because of factors suppressing volumes, American Trucking Associations Chief Economist Bob Costello said March 1.

Connor D. Wolf | Staff Reporter
March 2, 2022
Business, Technology, Equipment, Fuel

Lucid Sinks After Cutting Production Goal on Commodity Woes

Lucid The Lucid Air sedan. (Lucid Motors)

Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing “extraordinary” challenges with logistics and its supply chain.

Laura Curtis | Bloomberg News
March 1, 2022
Business, Technology, Equipment, Top 100

Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders

Mack plant Mack trucks in production at Lehigh Valley Operations in Macungie, Pa. (Mack Trucks)

No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.

Roger Gilroy | Senior Reporter
February 28, 2022
Government, Business, Logistics

US Presents ‘Buy American’ Plan to Ease Supply Chain Squeeze

US Presents ‘Buy American’ Plan to Ease Supply Chain Squeeze A "Made in the USA" sticker is placed on a truck window at the Volvo AG New River Valley Plant in Dublin, Va. (Justin Ide/Bloomberg)

The Biden administration announced several new actions Feb. 24 intended to ease supply chain disruptions that have plagued the economy during the coronavirus pandemic.

February 24, 2022

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