Supply Chain Tops List of CEO Worries
A new survey shows that 72% of CEOs are worried about losing their jobs in 2022 because of business disruptions.
Biden Says Holiday Shipping Crisis Averted
President Joe Biden said that his administration, together with labor unions and companies, succeeded in averting a holiday season supply chain crisis.
Economy Grew at 2.3% Rate in Q3, Up From Earlier Estimate
WASHINGTON — The U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously thought, the Commerce Department said Dec. 22. But prospects for a solid rebound going forward are being clouded by the rapid spread of the latest variant of the coronavirus.
Investing in the Future of the Supply Chain
While the pandemic exacerbated weaknesses in the global supply chain, new opportunities for the trucking industry to grow domestically have also been uncovered.
December 21, 2021Oakland Port Imports Rebound in November as Chaos Roars in L.A.
Container traffic at the Port of Oakland is starting to pick up again amid the supply chain chaos. Cargo imports handled by the Port of Oakland increased 6.5% in November from a year earlier, the hub said in an emailed statement Dec. 15.
Snarled Supply Chain Ignites Economic Boom Along US-Mexico Border
Near-shoring is one of the biggest economic transformations sparked by the pandemic: Shrink the length of the supply chain to keep production closer to its final destination and reduce the risk of some snag messing things up along the way.
Trucking Expresses Supply Chain Concerns Before House Panel
The potential harm that a proposed federal vaccine mandate could have on trucking was spotlighted by an industry executive who outlined for lawmakers key challenges facing motor carriers as they work to deliver goods across an increasingly stressed supply chain.
Senate Panel Examines Supply Chain Disruptions
WASHINGTON — To help alleviate ongoing supply chain woes, a senior transportation policymaker in the U.S. Senate suggested federal agencies as well as industries look to ports along the Great Lakes.
US Might Need to Produce More of Its Own Goods, Yellen Says
Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical goods domestically to protect its economic and national security.
McLane Names Chris Smith to Lead Grocery Unit
McLane Co. Inc. announced Chris Smith joined the company as president of McLane Grocery, a $33 billion business unit that provides supply chain service to more than 70,000 retail locations.
December 3, 2021