The Daily: April 22, 2022
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Good morning, TGIF!
Cyberattacks are the latest threat among our supply chains. Just in 2021, a whopping 48 million individuals in manufacturing & utilities and over 95% of supply chain firms were victims of cyberattacks. Companies are coming to terms with being targets, being at risk at any time.
Today’s featured article from Supply Chain Brain spells out the risks and the trickle-down effects of being caught in a cyberattack’s web. ☕️
“All our dreams can come true if we have the courage to pursue them.”
-Walt Disney
Today’s Featured Article:
The Trickle-Down Effect of Cyberattacks | SupplyChainBrain
“Last year was a smash hit for hackers, as millions fell victim to cyberattacks and ransomware — including 48 million individuals in manufacturing and utilities alone. Enterprise supply chains were particularly vulnerable, with over 95% of firms facing attacks in 2021.”
The Latest On…
Sales 🧾
Top Dealers Face Challenges, Look to the Future - Equipment - Trucking Info
“To combat the parts shortage, Rihm looked outside her normal part procurement channels to develop relationships with new suppliers and find new products.”
U.S. used truck sales up in March | DC Velocity
“Dealers sold more used Class 8 trucks for a second straight month, with double-digit price increases, report shows.”
March Truck Tonnage Jumped 2.4% - Fleet Management - Trucking Info
“For-hire contract freight tonnage remained solid in March, only limited by lack of capacity, both of drivers and equipment, at contract fleets, explains American Trucking Associations’ Chief Economist Bob Costello in a press release.”
Container prices continue to drop | DC Velocity
“Research predicts “massive” downward pressure on shipping container prices as empties pile up in depots along the East and West coasts.”
Fuel Tech ♻️
Why These Fleets Use Renewable Diesel Fuel - Fuel Smarts - Trucking Info
“Titan Freight Systems, a regional less-than-truckload carrier in the Pacific Northwest, found renewable diesel was the key to meeting its emissions goals.”
Trade & Border Issues 🗺
Elon Musk’s Shanghai Outlook Belies Supply Chain Snarls | 2022-04-21 | SupplyChainBrain
“Elon Musk says Tesla Inc.’s Shanghai factory is “back with a vengeance” after a three-week Covid-induced shutdown.”
Supply chain diplomacy | DC Velocity
“We live in an interconnected and interdependent world built on our supply chains. That may just be our best hope for peace.”
Texas Governor’s Border Slowdown Cost $4 Billion, Research Shows | 2022-04-21 | SupplyChainBrain
“Texas’s economy took a more than $4 billion hit in April after Governor Greg Abbott’s order to ramp up on security at the border resulted in shipping delays and bridge blockades, according to a new analysis.”
EXPLAINER: What's the impact if Europe cuts off Russian oil? | AP News
“Europe is struggling to find ways to stop paying Russia $850 million a day for energy and hit the Kremlin’s finances over its invasion of Ukraine.”
TMS 💻
Transportation Management Platforms: A Foundation for Data-Driven Decision Making (talkinglogistics.com)
“Historically, aside from the cultural shift required, one of the biggest challenges to enabling data-driven decision making in transportation has been aggregating data from many disparate sources.”
Tech 📟
Warehouse Management System Market to Reach $11 Billion by 2030 | Material Handling and Logistics (mhlnews.com)
“Increased eCommerce due to the pandemic, globalization of supply chain networks and emerging multichannel distribution channels all contribute to growth.”
Ericsson report addresses connected transport and logistics
“The report explores two value-generating use cases including driver assistance and truck and trailer monitoring that support reduced costs, maintenance, and CO2 emissions across fleets.”
Ports 🚢
Windward: 1 in 5 Containerships Globally Are Stuck Waiting Outside Congested Ports (gcaptain.com)
“The number of containerships waiting outside of congested ports has risen sharply in recent months, with 20% of all containerships trading globally now stuck in backups, according to maritime data intelligence firm Windward.”
Ports on Both Coasts Set Records in March | Transport Topics (ttnews.com)
“Container ports in March were operating at, or near, record levels on the Pacific and Atlantic coasts.”
Regulations ⚖️
FMCSA moves under-21 pilot program forward | Commercial Carrier Journal (ccjdigital.com)
“In a Federal Register notice asking the White House to renew its Safe Driver Apprenticeship Pilot Program, the Federal Motor Carrier Safety Administration responded to some concerns from industry stakeholders during the agency’s previous request for the program earlier this year.”
Driver Issues 🚚
Coca Cola gives $1 million to college driver training programs | Truckers News
“The Coca-Cola Company Tuesday announced it was donating $1 million to the truck driver training program of the state's college system.”
Health & Safety ⛑
New DOT Rules for Mounting Tech Hardware on Windshield (kellerencompass.com)
“On March 7, 2022, the FMCSA published changes to its windshield obstruction rule. They now allow more safety technologies to be mounted to the windshield and increased the mounting space.”
Infrastructure 🔨
George Washington Bridge improvements show what’s wrong all over - (landline.media)
“The George Washington Bridge, where I-95 crosses the Hudson River, is getting some heavy maintenance. The Port Authority of New York and New Jersey is spending $2 billion on the bridge.”
Inflation 💰
Biden has been wrong repeatedly about inflation. Don't count on him being right now. (msn.com)
“Is inflation on the downslide? Some claimed that the dire inflation numbers last week came with a ray of hope.”
Artificial Intelligence 🤖
Autonomous Trucks Will Roll in Slow [Commentary] - Equipment - Trucking Info
“A headline might sing like a canary, yet not deliver on its promise. As I write this, there’s a headline popping up all over the place. It varies by a news outlet, but typically reads like this one penned by Crain’s Detroit Business: ‘Robot truckers could replace 500,000 U.S. jobs, UM study finds.’”
Are Autonomous Trucks Just Up the Road? | SupplyChainBrain
“Autonomous trucks might be here sooner than expected, but getting the driver out of the cab is only the first step in realizing the technology's promise, says Wiley Deck, vice president of government affairs and public policy with PlusAI.”
Business Strategy 💡
Convoy, a logistics firm started by ex-Amazon executives, now valued at $3.8 billion (cnbc.com)
“Seattle-based Convoy was founded in 2015 by Dan Lewis and Grant Goodale, both former Amazon executives.”
Elon Musk's Boring Company hits $5.7 billion valuation (cnbc.com)
“The Boring Company said it has raised $675 million in a funding round valuing the firm at $5.675 billion.”
What’s your best reverse logistics tip? - Inbound Logistics
“According to the National Retail Federation, the total rate of returns was 16.6% in 2021, up from 10.6% in 2020.”
Supply Chain Graphic of the Week: IMF Economic Forecasts for 2022 and 2023 | SC Digest
“The International Monetary Fund (IMF) is out with it latest World Economic Outlook, an incredibly detailed forecast of many aspects of the global economy.”
How the Logistics industry acts as a catalyst in boosting India’s small scale businesses (indiatimes.com)
“The concept of tech-driven integrated logistics is awakening in India today, and due to structural reforms, the country’s logistics efficiency has improved dramatically in recent years.”
Owner-Operators 🚛
One owner-operator's success reducing fuel costs | Overdrive (overdriveonline.com)
“How are you coping with the rising cost of fuel? There are many strategies for improving fuel efficiency, but given leased owners like David Nihart (leased to Landstar) recently underscoring the huge value of carrier partnerships when it comes to steep discounts at the pump, independents can feel hamstrung when it comes to the potential for volume buying that delivers such discounts.”
Fuel ⛽️
Idled trucks imperil fuel demand as China widens Covid battle | AJOT.COM
“China’s trucking fleet has been caught up in the nation’s push for Covid Zero, further threatening oil demand as supply chains snarl.”
Ukraine War Gives U.S. LNG Chance to Shed Its Stigma | 2022-04-20 | SupplyChainBrain
“Deep in Louisiana’s bayou country, 18 maroon canisters discharge clear, odorless methane into the air as hard-hatted engineers patrol wind gauges, solar panels, and a laser surveillance system shooting beams at mirrors.'“
News Bag 🗞
Supply Chain by the Numbers for April 21, 2022 | SC Digest
“No Sign of Freight Recession Yet; Telsa Workers go Back to China Factory - and Stay There; US Manufacturing Output again Strong in March; USPS to Slow Some Package Deliveries”
Covid-19 😷
US to appeal mask travel ruling, setting up court fight | AJOT.COM
“The U.S. Justice Department said it would appeal a Florida judge’s ruling that threw out a mask requirement for plane and air travel, setting up a likely court battle that could extend past the midterm elections.”
Covid-19 Alarm Bells Ringing for China's Coastline - More Than Shipping
“However, with the Omicron variant, China could not control the spread of the virus. Therefore, the Chinese government decided to impose a full lockdown in Shanghai in order to maintain the Zero Covid policy on March 28th.”
Money Matters 💸
Spending by freight shippers remains high; volume drops slightly - TheTrucker.com
“The volume of truck freight shipments dropped for the second consecutive quarter and spending by shippers remained at record levels in the first quarter of 2022, according to the U.S. Bank Freight Payment Index released on Wednesday.”
Union Pacific rate hikes push railroad's Q1 profit up 22% | AP News
“Union Pacific hauled in 22% more profit during the first quarter because it charged more and delivered 4% more shipments even as it struggled to clear up congestion along its rail network.”
Compliance 📋
Making The Most of Your Roadside Inspection Data (kellerencompass.com)
“Your effort to dig deep into your roadside inspection data has enormous payoffs. That’s because the FMCSA, and others, use that data to make determinations about your level of safety.”
Electric Vehicles 🔋
Ruan adds Orange EV terminal truck to its electric fleet | Transport Dive
“Ruan Transportation Management Systems has partnered with OEM Orange EV to add an electric terminal truck to an operations facility in St. Joseph's, Missouri, the companies announced on Wednesday.”
Rising Gas Prices Alter the Notion of the Car, Moke Will Alter Your View of EV | RealClearMarkets
“It’s official – gas prices are now the highest they’ve ever been and continue to hover in the $4 range, according to Statista.”
Network Association 🤝
Years of fruitful relations between Disney, Florida at risk | AP News
“The idea was presented to Florida lawmakers in a movie house outside Orlando 55 years ago, with Walt Disney, who had died less than two months earlier, helping make the pitch from the screen: Let Disney form its own government and in exchange, it would create a futuristic city of tomorrow.”
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The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for July 31, 2025, from iLevel Logistics Inc.