Many transportation executives, citing a highly fragile and capacity-constrained system and ongoing surprises tied to the unpredictable trajectory of the pandemic, are unwilling to declare the supply chain crisis has begun a period of sustained easing.
Eight vessels are now anchored off the Port of Charleston following the brief closure of a berth earlier this month and a stevedore labor shortage over the long Thanksgiving weekend.
Third-party logistics providers (3PLs) are diversifying, acquiring and mixing services, as supply chain disruption pushes more shippers toward aggregators of capacity and capabilities.
Cass’ freight expenditures index sees acceleration in growth rate, up 37% year-over-year
Which services are shippers buying, and what does that say about the current supply chain landscape? Here are five trends based on shipper responses to our exclusive survey from 2016 to 2021.
A massive piece of machinery that can produce up to 30 million doses of COVID vaccine per month, and help alleviate production bottlenecks, landed Saturday at Chicago Rockford International Airport on a specialized cargo jet. The flight was operated by Russian all-cargo carrier Volga-Dnepr Airlines, Zachary Oakley, deputy director of operations and planning at the […]
The U.S. Department of Transportation (DOT) is laying out $1 billion in the latest round of a competitive grant program that began in 2009 for freight projects. DOT published on Tuesday a Notice of Funding Opportunity to apply for money through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants, a renaming of what […]
A new round of COVID-19 economic relief that would include aid for hard-hit transportation systems will be up for consideration in early February, Senate Majority Leader Chuck Schumer indicated Jan. 28. The $1.9 trillion aid package proposed by President Joe Biden would provide $20 billion for struggling transit systems, as well as $350 billion for […]
The incoming administration is calling on Congress to approve emergency aid for transportation programs as part of a $1.9 trillion pandemic relief package. President-elect Joe Biden’s economic assistance measure aims to remedy funding woes across commercial and passenger corridors, as well as reinforce supply chains in states and municipalities. Congress, which will be led in […]
Despite retail sales declining sequentially each of the last three months of the year, the 2020 holiday shopping season was one for the record books. Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% over the same period in 2019. The 8.3% increase was more than double the 3.5% average holiday increase […]
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