ATA’s Bob Costello: Economy Is Strong, but COVID, Inflation Threats Remain
Three core economic sectors of trucking are showing strength, but disruption from the omicron variant of the coronavirus hangs over the industry as it heads into 2022, American Trucking Associations Chief Economist Bob Costello said.
Broken Supply Chains Threaten Ruin at a Growing Number of Small Firms
A growing cohort of smaller companies that survived the cold depths of the pandemic say now they’re in danger because the economy is too hot.
Biden Meets With CEOs of Walmart, CVS on Holiday Supply Chain
President Joe Biden said his administration has made strides toward relieving U.S. supply chain disruptions, as he met Nov. 29 with the leaders of major retailers including Walmart Inc. who assured him they have ample inventories for the holiday season.
Biden Order Aims to Remedy Supply Chain Bottlenecks Amid GOP Criticism
The Biden White House took another step to resolve supply chain complications, directing federal agencies to prioritize programs and rules that would bolster commercial supply chains, as well as domestic manufacturing.
Anchorage Airport Pitches New Shipping Option to Ease West Coast Snarls
An Anchorage, Alaska, economic development group, alongside Anchorage airport and shipping officials, is making a pitch for what they say is an unexploited maritime shipping route from Anchorage to the U.S. Northwest that could help unlock West Coast shipping snarls.
Southern California Port Officials Say Crisis Easing
The Port of Los Angeles has suspended plans to charge shippers for containers that have been piling up at the facility, an announcement made the day that Transportation Secretary Pete Buttigieg during a virtual visit pledged support from the Biden administration to help ease stress on the nation’s crowded supply chain.
Ford Explores Buying Chips Direct to Offset Shortage
Ford Motor Co., responding to a global semiconductor shortage that has crimped profits and production, will explore buying chips directly from GlobalFoundries Inc.
California Boosts Truck Weight Limits to 88,000 Pounds to Ease Port Snarls
California will increase weight limits for trucks carrying goods in and out of its ports in an effort to ease supply chain bottlenecks and clear containers off the docks of Los Angeles and Long Beach.
L.A., Long Beach Delay Container Fees as Shippers Clear Stacks
The country's largest ports of Los Angeles and Long Beach will postpone the start of a fee on ocean carriers that fail to clear containers off the docks, which was set to begin Nov 15.
J.B. Hunt Execs Say Mandate Issues Extend Beyond Drivers
The question of how a federal vaccine mandate might affect transportation workers other than truck drivers must be considered amid broader discussion of the proposal, an industry executive said at a recent event.