The Daily: March 28, 2022

Good morning, folks. It’s Monday & we’re ready to roll.

Let’s get real: the food and medicine shortages in Ukraine are catastrophic, but what’s becoming more and more clear as every day passes by is just how reliant we all are on each other. Those shortages that were centralized in a war zone are beginning to bleed into the rest of the world, too.

Today’s featured article from CNN Business will further spell out the realities of our world today and why we should be paying very close attention.

☕️ Don’t forget to buckle up.

“The real test is not whether you avoid this failure, because you won’t. It’s whether you let it harden or shame you into inaction, or whether you learn from it; whether you choose to persevere.”

– Barack Obama


Today’s Featured Article:

Gas rationing, food vouchers and hunger: Economic pain from Russia's war is getting real | CNN Business

“As Russian soldiers bear down on Ukraine, increasingly desperate Ukrainians are running out of food and medicine. The economic fallout from the invasion is beginning to spill over to the rest of the world, too.”

READ COMPLETE CNN BUSINESS ARTICLE HERE

The Latest On…

Trade & Border Issues 🗺

Russian Shipping Firm SCF in Choppier Waters After UK Slaps On Sanctions (gcaptain.com)

“Russia’s top shipping company Sovcomflot (SCF), already struggling to find berths to discharge cargoes, is facing fresh pressure after the UK on Thursday joined countries that have slapped sanctions on it, with implications for insurance and certification.”

Premarket stocks: Can America fix Europe's gas problem? | CNN Business

“North Atlantic shipping lanes are going to be very busy this year as an armada of US natural gas shipments heads to Europe, helping the continent to reduce its reliance on Russian energy following the invasion of Ukraine.”

US, EU announce new partnership to undercut Russian energy | AP News

“With stunning speed, Russia’s war in Ukraine is driving Western Europe into the outstretched arms of the United States again, especially apparent when President Joe Biden offered a major expansion of natural gas shipments to his European Union counterpart Friday.”


Trucker’s Lounge 🧢

Video breaks down how truckers would act if they had office jobs (cdllife.com)

“This funny (but insightful) video explores how truckers might adjust when self-driving truck tech forces them out of the cab — and into the office.”

Behind the scenes at the largest truck show on Earth - DAT

“The first truck show of the 2022 season is this week, and as usual, truckers can look forward to experiencing all four seasons in one week as we transition from Winter to Spring.”

Check out this custom Peterbilt created for a rap superstar who comes from a trucking family (cdllife.com)

“The folks at West Coast Customs created a special custom big rig commissioned by rapper Bad Bunny as an homage to his grandfather, father, and uncles in the trucking industry.”


Artificial Intelligence 🤖

Autonomous trucks developers share benefits, challenges, and timeline | Fleet Maintenance

“At Truckload 2022, leaders from Aurora, Waymo, and Plus discussed how AVs promise to provide safer roadways, business gains, and relief from the driver shortage, though they must overcome several hurdles first.”


Sales 🧾

The cake mix insight | Seth's Blog (seths.blog)

“When Betty Crocker (not her real name) first started selling cake mixes, all you had to do was add water. They failed.”


Fuel ⛽️

How Fuel Cards by DAT Can Help Truckers Tackle Inflation

“These days, everyone’s feeling the pinch at the pump.”

Democrats propose bills to send gas payments to Americans, some funded by taxing oil companies | Fox Business

“Democrats in Congress, fearful of pain at the pump when voters head to the polls in November, are pushing a variety of proposals that would send direct payments from the government to Americans to help cover skyrocketing gas prices over the past year.”

 

Covid-19 😷

China's Covid Lockdowns Worsen Shipping Port Jams (gcaptain.com)

“Congestion in the key Chinese ports of Shenzhen and Hong Kong due to Covid-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U.S. this summer.”

Experts worry about how US will see next COVID surge coming | AP News

“As coronavirus infections rise in some parts of the world, experts are watching for a potential new COVID-19 surge in the U.S. — and wondering how long it will take to detect.”


Electric Vehicles 🔋

Electric carmakers in China hike prices on rising material costs (cnbc.com)

“A slew of electric vehicle companies from Tesla to BYD in China have been forced to raise the prices of their cars and the cost of raw materials shoot up.”

AVTA becomes first all-electric transit agency in North America (intelligenttransport.com)

“With the addition of its 20th electric MCI coach to its fleet, the Antelope Valley Transit Authority has successfully placed a 100 per cent zero-emission transit fleet into service – making it North America’s first all-electric transit agency.”

FedEx tests electric carts for last-mile delivery in U.S. and Canadian cities (cnbc.com)

“FedEx plans to test electric carts to make deliveries on its signature Express routes in 10 U.S. and Canadian cities throughout 2022.”


Compliance 📋

2021 FMCSA Audits Year in Review (kellerencompass.com)

“In 2021, 95% of FMCSA audits resulted in violations. Here's what they found, and how your fleet can prevent these issues.”


Regulations ⚖️

AV safety rule brings clarity to trucking industry | Transport Dive

“The provisions offer safety standards for trucks that could one day be fully automated, but regulators noted the need for more investigation around crash safety.”


Driver Issues 🚛

FMCSA feels ‘urgency’ of truck parking crisis - Land Line

“The Federal Motor Carrier Safety Administration is feeling the “urgency” of the truck parking shortage, the agency’s acting Administrator Robin Hutcheson said.”


HR 📝

How to Retain Your Employees in the New World of Work - Small Business Trends (smallbiztrends.com)

“How do you compete in a post COVID world where retaining employees are everything, but you still struggle to keep your teams together? How to you run your small business so your team wants to stay at your company?”


Where are you going? There’s more!

White House to Seek Infrastructure Boost in FY23 | Transport Topics (ttnews.com)

“The Biden White House intends to seek a boost in funding for infrastructure programs and freight-related grants in its upcoming budget request to Congress.”

National Security Starts With Individual Manufacturers - Inbound Logistics

“Shortages of personal protective equipment (PPE) and other critical supplies like pharmaceutical ingredients and materials used in key technologies during the earliest days of the pandemic prompted the Biden-Harris Administration in 2021 to outline steps strengthening critical supply chains.”

The wheels keep a-turning | DC Velocity

“Swedish manufacturer develops high-tech tire for logistics and material handling applications.”

Watch: Bringing Visibility to Parcel Delivery | SupplyChainBrain

“Dana von der Heide, chief commercial officer and founder of Parcel Perform, explains what’s driving the need for greater visibility in parcel delivery, and how to achieve it.”

This Week in Logistics News (March 19 – 25) - Logistics Viewpoints

“Last Friday marked the 32nd anniversary of the largest art heist in the world.”

Podcast | Can 3D Printing Help Fix Broken Supply Chains? | 2022-03-23 | SupplyChainBrain

“3D printing, also known as additive manufacturing, has been touted for years as a revolution in goods production — one that’s able to meet the demands of today’s picky consumer. So why hasn’t it made more progress to date?”

Supply Chain Weekly Wrap-Up 03/18/2022-03/24/2022 (allthingssupplychain.com)

“Officials from the World Food Programme (WFP), the food-assistance branch of the United Nations are warning that food supply chains in Ukraine are collapsing.”

Economic Changes Drive a New Trucking Environment, Panelists Say | Transport Topics (ttnews.com)

“The trucking industry is starting to normalize as the coronavirus pandemic loses its grasp on the economy, a panel of experts said March 23.”

Zuckerberg Says Instagram to Become an NFT Marketplace - Small Business Trends (smallbiztrends.com)

“On a panel, at Austin’s South by Southwest Festival last week Mark Zuckerberg said, “We are working on bringing NFTs to Instagram in the near term.” With the change of Facebook to Meta, this announcement is not surprising as NFTs will be an integral part of the metaverse.”

Recession risks are 'uncomfortably high and moving higher,' Mark Zandi says | CNN Business

“The war in Ukraine. Red-hot inflation. And rapid interest rate hikes. The economic recovery that began two years ago faces credible threats that could lead to its premature demise.”

Union Pacific CEO: The U.S. economy feels strong despite some weak sectors (cnbc.com)

“Lance Fritz, CEO and president of Union Pacific, joins CNBC’s ‘Squawk Box’ to discuss the U.S.’s supply chain, rail infrastructure and more.”

President Biden, Small Businesses Can't Just 'Lower Costs, Not Wages' | RealClearPolicy

“President Biden recently called on American businesses at his State of the Union address to "lower your costs, not your wages." This unrealistic request betrays the perspective of someone who has spent nearly 60 years in government.”

AP-NORC poll: Low marks for Biden on economy as prices rise | AP News

“A majority of Americans say they don’t blame President Joe Biden for high gasoline prices, but they’re giving his economic leadership low marks amid fears of inflation and deep pessimism about economic conditions.”



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