Tag: supply chain

February 8, 2022

Going into 2022, we expect trade growth rates to return to their pre-pandemic levels in line with a continued but weakened global economic recovery. 2021 was an exceptional year driven by pandemic-related catch-up effects. For this year, we pencil in […]

February 1, 2022

The transpacific has seen so many new players enter the red-hot tradelane during the pandemic to the point where non-alliance services account for 35% of the trade capacity, according to new data from Danish consultancy Sea-Intelligence. The other three major […]

January 31, 2022

It’s still early in the reporting cycle, but preliminary announcements by ocean carriers point to history-making profits in Q4 2021, trouncing already stratospheric expectations. Supply chain congestion — the bane of cargo shippers — has proven to be an unprecedented […]

January 27, 2022

National exposure as a presidential candidate in the 2020 presidential election made Pete Buttigieg probably the most well-known U.S. transportation secretary in history when he was sworn in on Feb. 3, 2021. He joined the Biden administration just as the […]

January 21, 2022

The U.S. Corps of Engineers will invest $14 billion to strengthen port and waterway supply chains, the White House said in a fact sheet on Wednesday. As part of the Bipartisan Infrastructure Law, the Corps will use funds to increase […]

January 12, 2022

Transportation Secretary Pete Buttigieg during a Jan. 11 tour of the ports of Los Angeles and Long Beach lauded the efforts that have kept freight moving through the facilities amid crushing backlogs, but said much work remains to prepare ports, […]

January 11, 2022

The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains. The 189-country, anti-poverty agency forecasts worldwide economic growth of 4.1% this […]

January 10, 2022

With an unprecedented $567 billion it will be receiving from the new bipartisan infrastructure law — much of it to help unclog supply chain bottlenecks — the U.S. Department of Transportation is girding itself for the increased scrutiny it expects […]

January 3, 2022

Goodbye, 2021. Hello, 2022. What do you have in store for us? More supply chain issues? More port congestion? More driver issues? More topsy-turvy developments? Probably a little bit of everything, according to FreightWaves writers. We asked our people on […]

January 3, 2022

The Los Angeles-Long Beach port complex was the poster child for supply chain gridlock in 2021, with dozens of vessels scattered for miles off the coast waiting for a berth and piles of containers bringing landside cargo flow to a […]

December 29, 2021

2021 will go down as the year the mainstream media took notice of West Coast port congestion. American Shipper was writing about global port backups, shutdowns and labor issues months — no, decades — before supply chain snarls in Southern […]

December 29, 2021

One of the key lessons learnt during the pandemic and its aftermath, is that there is a need for increased resilience in supply chains. A survey conducted by the Business Continuity Institute showed that of the 526 responders across 64 […]

December 28, 2021

From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the transport industry is bracing for another roller coaster year of supply-chain disruptions. As omicron infections surge […]

December 22, 2021

President Joe Biden said that his administration, together with labor unions and companies, succeeded in averting a holiday season supply chain crisis. “Earlier this fall, we heard a lot of dire warnings about supply chain problems leading to a crisis […]

December 16, 2021

Maersk announced today the signing of an international freight supply chain management partnership with consumer goods giant Unilever effective from 2022. The four-year agreement will see the development and management of Unilever’s International Control Tower Solution – an operational management […]

December 10, 2021

On Wednesday, U.S. Reps. Peter DeFazio (D-OR), Salud Carbajal (D-CA), and John Garamendi (D-CA) applauded the passage of H.R. 4996, a bill designed to ease supply chain challenges. DeFazio, chair of the House Committee on Transportation, said the Ocean Shipping […]

December 9, 2021

This bill is the first major overhaul of federal regulations for the global shipping industry in over 30 years and was sponsored by US Representatives Dusty Johnson (R-S.D.) and John Garamendi (D-CA). It will provide “critical” updates to the international […]

November 3, 2021

With the U.S. economy relying heavily on clearing out freight bottlenecks up and down the supply chain, the White House on Wednesday started a twice-monthly dashboard featuring key performance indicators to measure progress. Metrics used in the dashboard, compiled by […]

November 2, 2021

With the Biden administration seeking remedies to ameliorate freight connectivity concerns related to the national supply chain, the U.S. Department of Transportation announced a partnership with agencies in California. The Emerging Projects Agreement is meant to assist with the transport […]

October 29, 2021

President Joe Biden’s point-person for clearing the supply-chain bottleneck in southern California hailed a new agreement that will fast-track multiple logistics projects in the Golden State. The Emerging Projects Agreement is the first time the federal government has teamed with […]