Expect summer blackouts amid a struggling electric grid
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Good morning and happy Sunday. You ready for the heat and some infrastructure news? 🔥
Most of North America is in for a hot, hot summer. With many power plants closed and supply chain issues galore, the electric grid will likely be pushed to the brink causing summer blackouts.
Check out today’s featured article from Supply Chain Brain for an explanation of why the electric grid is so clogged and what you and your family can expect this summer with the impending power grid issues. ☕️
Dying 90 Day Fiance GIF By TLC via GIPHY
Featured Article:
Vast Swath of U.S. at Risk of Summer Blackouts, Regulator Warns | 2022-05-19 | SupplyChainBrain
“A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants, and supply chain woes strain the electric grid.”
Water Cooler Topics
🚛 American Trucking Association’s President Chris Spear has spoken out about efforts to address better driver parking situations. He spoke at the company’s Mid-Year Management Session, insisting that the trucking industry and the government need to continue to work together to address the pertinent issues drivers face every day.
💸 FloorFound, a Texas-based e-commerce returns startup, is making moves. The company is growing in order to better meet the inflating demand to arrange for returns of bulky and large items to the suppliers. They have secured $10.5 million in their latest round of funding.
📨 The Washington, D.C.-based National Retail Federation (NRF) is reaching out to Biden directly. The president and CEO of the NRF, Matthew Shay, has penned a letter to President Biden expressing the need for better tariff relief to offset the persistent inflation situation in the country.
A global shipping boom creates a $19 billion dollar fortune
Photo by Markus Spiske on Unsplash
Ex-banker Gianluigi Aponte quit his job in finance and decided to focus on maritime shipping. Decades after that enormous decision, he now sits upon a massive fortune.
The pandemic created quite the fallout, and freight executives everywhere looked to capitalize - Aconite was no exception.
Jacksonville’s economy booms due to logistics industry growth
Photo by Trevor Neely on Unsplash
An international airport, four railroads, three interstates, and seven counties make up a thriving logistics industry in Jacksonville, Florida.
Jacksonville has now been recognized as “America’s Logistics Center” and the city has made heavy investments into the betterment of its infrastructure in order to keep earning the title. Northeast Florida has benefitted greatly from Jacksonville’s leadership in the logistics industry.
Quote of the Day:
“If you define yourself by how you differ from the competition, you’re probably in trouble.”
— Omar Hamoui, co-founder of AdMob
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