South American Beef Inc. has filed for Chapter 11 bankruptcy
The West Des Moines, Iowa-based frozen meat importer filed its petition with the U.S. Bankruptcy Court last week, leaving many trucking and logistics firms out to dry.
Small parcel delivery companies grew in 2022
While shipping volumes increased, alternatives to the big guys such as UPS and FedEx found their niche.
Electric vehicle adoption has been less lackluster than it did last year
With inflation and high-interest rates crippling bank accounts across the nation, the electric vehicles business is expecting continued business issues into 2023.
EPA has updated its standards for the first time since 2001
The Environmental Protection Agency’s tougher pollution standards will be issued for compliance on 2027 models of large trucks, delivery vans, and buses.
Container volume levels increase 11% at Port of Houston
Located in Houston, Texas, on the Gulf Coast, the Port of Houston is made up of more than 200 private terminals, which handle a wide range of cargo, including containerized cargo, breakbulk cargo, roll-on/roll-off (RoRo) cargo, and liquid bulk cargo.
The U.S. Trade Representative is extending tariff exclusions on Chinese products
A total of 352 products from China were issued tariff exclusions that were scheduled to conclude within the following two weeks at the close of 2022.
There are certain places companies should avoid getting sued
Georgia, California, and New York judges have been notable for issuing legendary and severe judgments on defendants in the trucking industry.
Trucking recruitment normalizes after wild pandemic era
According to the American Trucking Association, the estimated professional driver shortage has decreased to 78,000 as of October as compared to the number of 80,000 in 2021.
AZ, FL, and TX Walmart customers eligible for drone delivery service
DroneUp, Walmart’s drone delivery service, is now offering same-day delivery options to customers within one mile of participating stores in the greater Phoenix, Tampa, Orlando, and Dallas areas.
Global aviation value chain shifted during the pandemic
The aviation value chain refers to the various stages and activities that are involved in the production, distribution, and utilization of aviation-related goods and services.
The inflation measures to watch for over the next 12 months
First off, what is “inflation” anyway? Economic inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.
Insurance companies are backing away from coverage of vessels going to Russian or Ukrainian ports.
Shipping firms transporting commodities such as oil and grains are beginning to panic as underwriters begin to pull back from reinsuring any risks that are related to the Russia-Ukraine war.
An “early holiday rush” was almost nonexistent this year
In a 2022 shopping survey conducted by Supply Chain Brain of 3,138 U.S. adults, 50% said that they did not begin holiday shopping until November.
American retailers are asking suppliers to slow down on sending merchandise
An excess of merchandise is sitting untouched on US retail companies’ shelves.
The Russia-Ukraine war has taken its toll on the U.S. economy
The United States’s dependence on Ukrainian and Russian-originated neon gas, palladium, platinum, and pig iron have been highlighted as some of the most affected commodities since February 2022.
China is calling out the U.S. to the WTO
China has filed an official complaint with the World Trade Organization over the United States’s export controls on the nation, designed to limit China’s ability to increase its domestic semiconductor manufacturing industry.
2023 mild recession is on its way, says ATA economist
Bob Costello, chief economist and senior vice president for the American Trucking Associations (ATA) is sounding off his opinion on a “short and shallow” recession early next year.
Was the Paycheck Protection Program abused by American businesses?
James Pierson and Adam Andrzejewski penned an opinion piece for Newsweek on the matter, highlighting the pitfalls of the $787 billion appropriated to businesses under the Paycheck Protection Program (PPP).
Amazon is focusing on rewarding its workforce during the holiday season
The massive retailer often is the victim of bad press, but it seems that Amazon would only be hurt by having an unhappy workforce during the busiest time of year - the holidays.
Omicron, who? UK train strikes are what’s affecting retailers
The variant of COVID-19 that was said to destroy the Christmas season for retailers in 2021 is now in the backseat as the latest wave of strikes hit the United Kingdom’s rail network.
