To alleviate bottlenecks along the country’s major supply chains, the Maritime Administration recently awarded nearly $39 million in grants to a dozen marine highway projects.
October 12, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Feds Award Grants for Freight Waterways
US Chip Suppliers Pull Back From China’s Yangtze Memory
American suppliers are beginning to withdraw staff from one of China’s leading chip companies in the wake of new U.S. regulations, a blow to Communist Party efforts to build a vibrant domestic technology industry.
October 12, 2022US Producer Price Inflation Eases to Still-High 8.5%
WASHINGTON — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully high levels.
South Carolina Seeks I-95 Bridge Replacement Funds
The South Carolina Department of Transportation has applied for a $161 million federal grant to replace the Interstate 95 bridges over Lake Marion.
Temporary Repairs to Sanibel Causeway Allow Trucks to Reach Island
A slow march of utility trucks headed to Sanibel Island near Fort Myers, Fla., on Oct. 11 following temporary repairs to the Sanibel Causeway, which was broken in three locations during Hurricane Ian.
First the Mississippi, Now the Ohio River Faces a Barge Crisis
The Mississippi River isn’t out of the woods as falling water levels along its major tributaries threaten to deepen a crisis on the U.S.’s main artery for moving vital products. And now the Ohio River is seeing closures at multiple locations due to groundings and dredging work.
October 11, 2022XPO Board of Directors Approves RXO Spinoff
XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.
Large Rail Union Rejects Deal
OMAHA, Neb. — The U.S.’s third-largest railroad union rejected a deal with employers Oct. 10, renewing the possibility of a strike that could cripple the economy. Both sides will return to the bargaining table before that happens.
Federal Judge Faults Postmaster General DeJoy in Mail Delays
WASHINGTON — A federal judge has set limits on one of the U.S. Postal Service’s cost-cutting practices that contributed to a worrisome slowdown of mail deliveries ahead of the 2020 presidential election.
Mississippi Barge Backup Stalls Millions of Tons of Cargo
Prolonged drought is jeopardizing waterborne trade along the Mississippi River, a basin that produces 92% of the nation’s agricultural exports.