Businesses are bracing for higher air cargo rates and shipping delays as airlines ground aircraft and avoid Middle East airspace as the U.S. and Israel battle Iran.
Highways, airports, and distribution centers to be most affected by icy weather.
Lawmakers from Pennsylvania and New York introduced a bill that would create a federal clearinghouse for data aimed at preventing trucks from striking low-clearance bridges.
A federal shutdown won’t halt freight movement but safety risks lurk depending on how long it lasts and if workforce cuts continue.
Amtrak would lose government-backed preference in legislation seeking faster freight service.
FreightWaves recently partnered with G3 Logistics and EY to host a webinar on supply chain disruptions and strategies to stay flexible during transitionary markets. With a good plan and robust technology, shippers can be poised to not only mitigate losses, but also to capture new market shares during unexpected shifts.
The Federal Maritime Commission wants to know whether foreign countries and their shipping companies are causing supply chain constraints around the world.
Nationwide tender rejections are already above 5%.
Inbound loads to Lakeland are being rejected at elevated rates.
Fleets waited two years for back-ordered Class 8 trucks. Now largely met, demand has shifted to replacement needs.
Navistar saw a big drop in orders, but deliveries of new International trucks helped parent Traton to strong second-quarter results.
Demand for global supply chain visibility tools is forecast to hit $39B by 2028.
Legislation to increase truck parking advanced in Congress during the markup of 16 supply chain-related bills.
Rush Enterprises will curb its enthusiasm for stocking additional inventory of used trucks until prices begin to rise again.
After a surge in orders in December, trailer OEMs follow truck manufacturers in reporting slower bookings with large backlogs.
Engine maker Cummins backs OEM projections of a strong 2023 for new trucks. If the China market recovers, look for an earnings bounce.
Companies in need of supply chain visibility can now leverage FourKites data through their existing internal platforms.
Volvo Group set a fourth-quarter record for deliveries, but the OEM said supply chain disruptions and energy costs would impact business.
White House economic adviser Brian Deese points to supply chain improvements while new pressures loom overseas.
Legislation aimed at “fixing the supply chain” would allow drivers under age 21 to haul freight to and from ports.
