The Daily: April 18, 2022

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Good morning, & happy Monday!

Natural gas exports are on the rise. With Europe becoming desperate, the demand has elevated to the highest levels in 13 years. So get ready for price increases as well...

Today’s Featured Article from Oil Price has the good and bad news. ☕️

Ship sits on dry port while workers repair it. The port is in the middle of a body of water.

“Whether you think you can or whether you think you can’t, you’re right!”

– Henry Ford


Today’s Featured Article:

U.S. Natural Gas Prices To Spike As Exports Boom | OilPrice.com

“Europe is determined to wean itself off Russian natural gas following Putin’s decision to invade Ukraine, and U.S. LNG is one of the major alternatives.”


The Latest On…

Trade & Border Issues 🗺

What’s Keeping China From Buying More Russian Crude? | OilPrice.com

“Russia is offering deep discounts for its crude following a wave of sanctions on its energy industry.”

Produce Worth Millions Gets Stuck in Blockade by Mexico Truckers | 2022-04-14 | SupplyChainBrain

“Grocery stores in some parts of the U.S. are expected to start running out of certain perishable goods as soon as this weekend because of a Mexican truckers’ blockade that has stranded millions of dollars worth of fresh produce.”

Shanghai’s frozen meat, seafood imports stall on port congestion | AJOT.COM

“AP Moller-Maersk A/S, one of the biggest shipping lines in the world, has stopped bookings to ship refrigerated containers into Shanghai as a strict Covid lockdown stalls the trucking of meat and seafood from the port into the city.”

Sunken Black Sea Flagship Hurts Putin's Pride And Capabilities (gcaptain.com)

“The severe damage to the flagship vessel of Russia’s Black Sea Fleet goes beyond wounded pride, robbing the military of important protection and capabilities as the war in Ukraine enters a crucial phase for Moscow.”

Texas moves to ease border gridlock over ‘sense of urgency’ - TheTrucker.com

“The logjam of trucks at the U.S.-Mexico border finally began breaking Thursday after nearly a week as Texas Gov. Greg Abbott eased off his latest dramatic action over immigration that has gridlocked some of the world’s busiest trade ports and taken a mounting economic toll.”

China Lockdowns Spreading; Gas Heating Up; South Africa’s Floods | Wall Street Journal Logistics Report

“Covid-19 lockdowns are casting a longer shadow over China’s economy.”


Repair & Maintenance 🧰

Truck Triage: Creating Order Out of Chaos - Maintenance - Trucking Info

“When a crippled truck limps onto your yard, you have to figure out how serious the issue is and how soon you can get it back in service.”


Fuel Tech ♻️

Biden’s Hydrogen Hub Plan Sparks $8 Billion Race Among U.S. States | 2022-04-15 | SupplyChainBrain

“A hydrogen economy that runs factories and power plants on the clean-burning fuel may be years down the road, but that hasn’t stopped U.S. states from jockeying for a share of the $8 billion in federal funds earmarked for so-called hydrogen hubs.”

Symbio awarded $2M to develop hydrogen fuel cell truck | Transport Dive

“The California Energy Commission awarded $2 million to Symbio, a joint venture between Michelin and Faurecia, to develop a hydrogen-fueled Freightliner Cascadia Class 8 truck, part of a state-supported hydrogen mobility project, officials announced Tuesday.”


Electric Vehicles 🔋

Manufacturers power up the EV marketplace | FleetOwner

“The EV market is maturing and reaching its audience as so many vehicles, components, and charging hardware are coming to the market. But two industry electrification leaders warn, be sure your fleet's 'use case' is compatible—or hold out until it is.”

Florida start-up betting hard on fleet of Tesla Semis | Commercial Carrier Journal (ccjdigital.com)

“Mention an all-electric truck fleet and California typically comes to mind, but a start-up in Central Florida has set out to change that with a plan that relies solely on Tesla Semis.”

How Tesla and EV charging networks threaten the future of gas stations - Vox

“As EVs hit the road, gas stations will have to adapt or risk going out of business.”


Artificial Intelligence 🤖

4 Reasons for Mobile Robots in Warehouse | Material Handling and Logistics (mhlnews.com)

“Research from IDTechEx shows that up-front costs for mobile robots could be about one-third of that of fixed automation.”


Regulations ⚖️

GOT Truckers Act would remove overtime exemption - Land Line

“A bipartisan bill backed by the Owner-Operator Independent Drivers Association would reverse a longstanding law that prevents truck drivers from receiving overtime pay.”


Health & Safety ⛑

Tethering device puts end to wheel-off accidents, inventor says | Fleet Maintenance

“Former NASCAR driver Billy Turner, inventor of the TetherTech Hub System, knew wheel-offs were far too common and sometimes deadly. So he decided to do something about it.”

 

Business Strategy 💡

Air Cargo Becoming a More Feasible Freight Alternative | Transport Topics (ttnews.com)

“If your seafood is fresher and your online order arrives on time, thank the pandemic: Supply chain disruptions are actually getting some things delivered faster.”

Are You Setting Your Rate the Right Way? - Fleet Management - Trucking Info

“The need for a carrier to know its costs is ancient history. Five thousand years ago, the first cart builders noodled out how much to charge to haul stuff. But that doesn’t mean everyone does it well.”

BNSF Rail Battling to Complete Inland Moves from Los Angeles to Chicago (morethanshipping.com)

“As Southern California rail cargo continues to struggle, BNSF Railway is attempting to handle more containers.”

Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat | Transport Topics (ttnews.com)

“UPS Inc. and its brown delivery trucks have ruled American streets for decades.”


Fuel ⛽️

Flatbed the only spot market segment maintaining recent rates strength against the rise in fuel | Overdrive (overdriveonline.com)

“Weekly updates from Truckstop.com and DAT both showed measures of demand decline for spot market loads in the most recent week.”


Ports 🚢

Stuck Evergreen Ship Waits on Full Moon to Float Free | 2022-04-14 | SupplyChainBrain

“A month after its giant container ship ran aground near Baltimore, Evergreen Marine Corp. continues to dig for a solution.”

Grocery Giant Lidl Purchasing Container Ships Amid Supply Chain Issues (morethanshipping.com)

“In the midst of supply chain issues, grocery giant Lidl has indicated that it will be purchasing container ships.”


Podcasts 🎙

Podcast | Solving the Warehouse Labor Shortage: Part 2 | 2022-04-14 | SupplyChainBrain

“Warehousing is suffering from an acute shortfall of labor. Is automation the answer?”


News Bag 🗞

This Week in Logistics News (April 9 – 15) - Logistics Viewpoints

“A couple of years ago, I mentioned that the robot uprising had reached the retail store.”

Above the Fold: Supply Chain Logistics News (April 15, 2022) (talkinglogistics.com)

“It’s Good Friday and the beginning of Passover, which means many folks are on vacation today. So, let’s just go straight to the supply chain and logistics news that caught my attention this week.”


Leases & Loans 💰

Does it make sense to unbundle your lease? | Commercial Carrier Journal (ccjdigital.com)

“There has been a lot of talk lately about unbundling leases. Proponents of unbundling say they can save you money on certain items that have been bundled together in your lease.”


American Economy 🇺🇸

XPO Chairman Jacobs Says Transportation Economy Shows Signs of Slowing | Transport Topics (ttnews.com)

“XPO Logistics Inc. CEO Brad Jacobs said that the transportation-specific economy remains strong but is slowing and not as vibrant as it was earlier in the year.”


Inflation 💸

Modest-income buyers being priced out of new-vehicle market | AP News

“Two years after the pandemic tore through the economy, America’s auto market looks something like this: Prices are drastically up. Supply is drastically down. And gasoline costs drastically more.”


Covid-19 😷

Anti-virus shutdowns in China spread as infections rise | AP News

“Anti-virus controls that have shut down some of China’s biggest cities and fueled public irritation are spreading as infections rise, hurting a weak economy and prompting warnings of possible global shockwaves.”




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