The new federal port envoy said he is “very optimistic” about the progress being made to unkink the nation’s seaports and supply chain.
July 14, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Port Envoy Lyons Faces Logistics, Labor Challenges
White House Won’t Yet Step Into Rail, Port Talks
The White House is monitoring labor talks in the logistics industry as unions representing 115,000 rail workers and 22,000 West Coast dockworkers negotiate fresh contracts, but won’t get directly involved in either bargaining process now, its supply chain envoy said.
Truckers Protest AB 5 Law at Three California Ports
Truckers servicing the California port gateways of Los Angeles, Long Beach and Oakland staged protests July 13 as state-level labor rules that change their employment status begin to go into effect, creating another potential choke point in stressed U.S. supply chains.
Averitt Announces Pay Increases for Drivers
Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.
Ocean Shipping Rates Begin to Decline
Transpacific shipping costs have fallen by 53% in the past three months.
US Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go Big
U.S. inflation accelerated in June by more than forecast, underscoring relentless price pressures that will keep the Federal Reserve on track for another big interest-rate hike later in July.
I-81 Coalition Considers Federal Funding for Truck Parking
An Interstate 81 coalition wants to form a multistate team to apply for federal funds to improve truck parking following a recent roundtable discussion with six states about inadequate spaces along the vital eastern U.S. freight corridor.
US Chamber Calls for White House Help in Rail Labor Dispute
Citing supply chain concerns, the U.S. Chamber of Commerce joined other transportation stakeholders in calling on the White House to assist with labor disputes in the freight rail sector.
XPO Names New Tech Brokerage Company RXO
XPO Logistics’ new tech-enabled brokerage platform that is set to begin operations in the fourth quarter will be called RXO, the company announced July 12.
Amazon Prime Day Comes Amid Slowdown in Online Sales Growth
Amazon is heading into its annual Prime Day sales event today much differently from how it entered the pandemic.