Insurance talk can be a drag, but increasing premiums is a must
Accidents involving big rigs, rising medical and litigation costs, inexperienced truckload capacity, and catastrophic losses are all putting major pressure on the insurance industry as a whole.
Small businesses are anticipating increasing prices this peak season
Due to inflation, supply chain challenges are a top priority to deal with for these mom-and-pop shops.
USPS is prepared for the 2022 peak season “boom”
After previous years provided to be a disaster, the United States Postal Service is more equipped to handle the 2022 peak season rush than years before.
2022 cargo volume has declined at the Port of LA
Port of Los Angeles cargo volume has dropped 6% over the four of 2022.
Import dwell fees are coming to the Port of Houston
A new policy is bringing a $45 per day “Sustained Import Dwell Fee” for shippers to the Port of Houston.
Demand for global containers plummets while warehouses sit fully stocked
Containers are no longer in hot demand, so retail orders, shipping containers, and ship sailings are being canceled left and right.
Military employees can teach critical principles to manufacturing companies
Manufacturing companies can absorb a lot of valuable knowledge from military employees.
Stanley Black & Decker seeks supply chain transformation, throws out 50,000 SKUs
Stanley Black & Decker President and CEO Don Allan has announced that the company is hoping to generate $500 million in savings by the end of 2022.
Overproduction accounts for $163 billion in waste and losses each year
Avery Dennison, a Fortune 500 materials science and digital identification solutions company, published data in a global report in early November.
Inflation may be easing as consumer prices rise, but less than expected
In October, the consumer price index increased 0.4% for the month and 7.7% from a year ago.
Sony’s production of the PS5 console is back in action
The much-loved PS5 console has been in high demand and low supply since the pandemic struck.
Retail imports to the U.S. are slowing down as peak season approaches
In the Global Port Tracker report released by the National Retail Federation and Hackett Associates, there has been a steady downhill trajectory since May, when the record amount sat at 2.4 million TEUs.
Lease rates for airport warehouses are soaring
Warehouses near airports are typically always used to support air freight shipments and imports due to their proximity to the airstrip.
Covid-19 restrictions have shut down a key Chinese facility for Apple iPhones
The company’s primary assembly facility in Zhengzhou, China is operating at a “significantly reduced capacity” due to the country’s strict restrictions regarding the Covid-19 virus.
DHL Express's annual price hiker is greater than that of competitors UPS and FedEx
While some are concerned about UPS and FedEx shipping rate increases, it also looks like you can’t look anywhere else for lower prices.
Female driver recruitment relies on addressing industry harassment issues, Women In Trucking founder says
Women In Trucking founder Ellen Voie is advocating for a safer industry for women.
Liquefied petroleum, oil, and natural gas are in high demand
Fossil-fuel shipping is experiencing a massive boom, with rates reaching as high as $100,000 per day for some of the largest gas carriers.
Overstock.com is now offering convenient customer returns with UPS
Overstock CEO Jonathan Johnson unveiled the launch of the companies’ partnership on a Q4 earnings call last week, heralding the pilot program as an extremely convent process meant to streamline customer returns and better understand customer preferences on an internal business level.
Despite inflationary challenges, the economy appears strong as the holidays approach
The National Retail Federation (NRF) is now forecasting strong holiday sales despite sky-high interest rates and growing inflation - which is confounding to some.
The pandemic-born furniture boom is over
During the early days of the Covid-19 shutdowns, Americans were eager to source up their homes and backyards with new furnishes.
