supply chain

Government, Business, Technology, Equipment

US House, Senate Negotiate Semiconductor Production Bill

Chip Factory An Infineon Technologies AG chip factory in Villach, Austria. Key members of Congress have argued for legislation that would ease the country’s reliance on overseas suppliers for critical technology equipment. (Akos Stiller/Bloomberg News)

Legislation that would dedicate $52 billion to boost the country’s role as a semiconductor manufacturer amid a supply chain crisis is expected to be a main item on Congress’ agenda over the coming weeks.

Eugene Mulero | Senior Reporter
February 22, 2022
Government, Business, Logistics

Soaring Diesel, Gas Prices Bleed Into Shipping

Supply Chain Trucks at a Port of LA container terminal. (Kyle Grillot/Bloomberg News)

The shipping industry is starting to feel the full force of surging diesel and gasoline costs.

Jack Wittels | Bloomberg News
February 22, 2022
Government, Business, Technology, Logistics

Narrow Window to Clear Clogged L.A. Ports Hinges on Demand Waning

Port of Los Angeles Pier 400 at the Port of Los Angeles. (Tim Rue/Bloomberg News)

The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.

Laura Curtis | Bloomberg News
February 22, 2022
Government, Business, Logistics

Gas, Grocery Price Hikes Spur States to Pursue Tax Relief

Inflation SDI Productions/Getty Images

Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk and electricity.

February 18, 2022
Government, Business, Logistics

Watchdogs Pledge Crackdown on Global Supply Chain Collusion

Watchdogs Pledge Crackdown on Global Supply Chain Collusion Trucks wait in line to be inspected after crossing the border between Mexico and the United States. (John Sommers II for Transport Topics)

Companies that use global supply chains to cover up collusion and criminal conduct could face fines equivalent to 10% of their revenue.

Katharine Gemmel | Bloomberg News
February 17, 2022
Government, Business, Technology, Equipment, Safety, Logistics

Supply Chain Disruptions Likely to Continue in Near Future

Trucks Trucks at the Port of Charleston, S.C. (South Carolina Ports Authority)

Economists and industry experts widely believe supply chain disruptions will continue to greatly impact the transportation industry for the first half of the year, and possibly into 2023.

Gregory Van Tighem | Special to Transport Topics
February 14, 2022
Government, Business, Safety, Logistics

Inflation, Tangled Supply Lines Are Gripping Economy

Shopper SDI Productions/Getty Images

WASHINGTON — Since the pandemic erupted two years ago, Forest Ramsey and his wife, Kelly, have held the line on prices at their gourmet chocolate shop in Louisville, Ky. Now, they’re about to throw in the towel.

Christopher Rugaber | Associated Press
February 11, 2022
Government, Business, Logistics

US Senators Introduce Supply Chain Bill Amid Funding Negotiations

Thune Thune speaks at a past hearing. (Zach Gibson/Bloomberg News)

WASHINGTON — To alleviate supply chain woes around the country, two senior senators introduced legislation meant to improve the flow of freight at commercial ports.

Eugene Mulero | Senior Reporter
February 10, 2022
Business, Logistics

Seroka Sees Chance to Ease Ship Backlog by Summer Peak

Containerships at anchor outside the Port of Los Angeles. (Tim Rue/Bloomberg News) Containerships at anchor outside the Port of Los Angeles. (Tim Rue/Bloomberg News)

U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter, even if the next peak shipping season arrives sooner than usual, Port of Los Angeles Executive Director Gene Seroka said Feb. 9.

Laura Curtis | Bloomberg News
February 9, 2022
Government, Business

US Trade Gap Swells to Record in 2021 on Surge in Imports

Miami Cargo containers are stacked near cranes at Port Miami. (Wilfredo Lee/Associated Press)

The U.S. trade deficit grew in 2021 to the largest on record, reflecting a surge in the value of consumer-goods imports as the pandemic discouraged spending on services and drove more outlays for merchandise.

Ana Monteiro | Bloomberg News
February 8, 2022