Record Railroad Profits Call for 'Do No Harm,' Not Harmful Legislation
The recent legislation proposed by Senators Tammy Baldwin and Roger Marshall called the "Reliable Rail Service Act," has raised concerns reminiscent of the 2008 financial crisis.
Container Prices Decline as Overcapacity and Weak Consumer Demand Plague Shipping Industry
Container prices have experienced a significant drop, with the average price of 20ft dry containers in New York falling by 82% from its peak in June 2021.
The firework supply chain rages on
Fireworks have long been a significant part of cultural and religious celebrations worldwide, including Independence Day in the United States.
Large Companies Face Limits on Delaying Payments
According to recent working capital research by The Hackett Group, the largest US companies are finding it increasingly difficult to extend payments to suppliers, indicating a potential ceiling on the practice of supplier payment terms optimization.
Sheetz Celebrates Fourth of July with Gas Prices Dropping to $1.776 per Gallon
Sheetz, a convenience store chain, has attracted long lines of vehicles at select Pennsylvania locations as customers take advantage of their Fourth of July promotion, offering gas prices at $1.776 per gallon.
Tesla Shares Soar as Price Reductions Drive Surge in Car Deliveries
Shares of Tesla experienced a significant surge on Monday morning following the announcement of a record number of car deliveries in the second quarter.
XPO Logistics Expands Salt Lake City Service Center
XPO Logistics, a prominent freight transportation provider in North America, has completed the expansion of its Salt Lake City service center.
FedEx Freight Braces for Continued Volume and Margin Pressures Through August
FedEx Freight is anticipating continued challenges in volume levels and profit margins in the next quarter, despite implementing cost-cutting measures.
Health Hazards and Physical Risks to Consider of Remote Work
The rise of remote work has brought about physical health risks for workers.
Girl Scouts Rock the Supply Chain: Empowering Young Leaders in Logistics and Innovation
In South Florida, the Girl Scouts of Tropical Florida collaborated with Ryder, a Miami-based company, to develop a special patch program called "Girl Scouts and the Supply Chain."
The South Emerges as the New Economic Powerhouse with a US$100B Wealth Migration
The Southeastern region of the United States, known as the "New New South," is experiencing a significant economic shift with the rise of electric-vehicle factories and battery plants.
Rise in Fare Evasion Threatens Cashless Toll Roads, Prompting Officials to Consider Toll Increases
Cashless toll roads, which replaced human toll collectors with electronic fee-collection systems, are facing a growing problem of fare evasion as traffic returns to pre-pandemic levels.
Congressional Report Highlights Problems with Yellow Corp.'s $700 Million Loan
A Congressional report released on Tuesday revealed significant problems with the Treasury Department's $700 million loan to Yellow Corp. as part of a COVID-19 relief program in 2020.
Pentagon Begins Using Funds from Ukraine Aid Package to Expand Munitions Production and Bolster Critical Minerals Supply Chains
The Pentagon has started utilizing the $600 million Defense Production Act funding allocated from the $40 billion Ukraine aid package.
U.S. Drivers Express Mixed Feelings Towards Electric Vehicles
U.S. consumers have shown increasing interest and concerns about electric vehicles (EVs), according to a survey by Ernst & Young (EY).
Concerns Mount as Americans Question Affordability Amid Economic Worries and Inflation
As the United States approaches Independence Day and gears up for the 2024 presidential election, many Americans are grappling with the financial strain caused by soaring prices of essential goods and services.
According to the Treasury Secretary's Own Criteria, We Have Entered a Recession Once Again
Troubling data released by the Department of Commerce reveals that the economy has experienced a decline in gross domestic income (GDI) over the past six months, contradicting President Joe Biden's assertion of a "strong as hell" economy.
Retail and CPG Executives Rank Supply Chain Disruption as a Major Concern
A recent report by Genpact and HFS reveals that supply chain disruption is a top concern for retail and consumer packaged goods (CPG) executives.
The Home Depot Unveils Ambitious $500 Million Cost-Savings Initiative
The Home Depot is embarking on a cost-saving initiative worth $500 million to optimize its supply chain and reduce fixed operating costs.
