Survey indicates AI will boost supply chain, but systems remain disjointed
A new survey from LeanDNA shows that supply chain and business leaders are betting big on AI, but most still have a long way to go when it comes to syncing their digital systems. LeanDNA and Wakefield Research surveyed 100 U.S. executives and 100 supply chain leaders. Nearly everyone agrees AI is key for predicting and preventing disruptions—92% of executives […]
GEODIS’s Williamson offers up insights on tariffs and trade policy
Amid the many stops and starts related to the current state of United States trade policy, specifically as it relates to tariffs, it stands to reason that this topic is top of mind for shippers across all verticals. And with the White House expected to announce new tariff levies and actions on April 2, there […]
Letter to USTR slams proposed fees on Chinese ships, predicting harm to U.S. businesses and consumers
A letter sent yesterday to Jamieson Greer, Ambassador for the Office of the United States Trade Representative (USTR) by more than 300 industry associations, representing various sectors, including, transportation and logistics providers, manufacturers, importers, exporters, and retailers, among others, called on the USTR to not move forward with its proposals, regarding the Section 301 investigation […]
USTR proposals face strong opposition as industry stakeholders warn of potential disruptions and increased costs
Comments sent to the office of the United States Trade Representative (USTR), in advance of a public hearing taking place this week on Monday, March 24 and Wednesday, March 26, regarding the USTR’s Section 301 China’s Targeting of the Maritime, Logistics, and Shipbuilding sectors for Dominance, appeared to collectively pushback on the USTR’s proposals. As previously reported, […]
AI, ESG and geopolitics top supply chain influences in new Gartner survey
A survey of 579 supply chain practitioners across industry and geography has identified the top 10 drivers of future supply chain success but found only 29% of respondents had sufficiently developed three of the top five competitive drivers needed for future readiness. “Leaders shared a commitment to preparation through long-term, deliberate strategies, while non-leaders were more often […]
Trucking leaders blast New York’s congestion pricing plan in letter to DOT Secretary Duffy
With a March 21 deadline rapidly approaching, the American Trucking Associations (ATA) and the Trucking Association of New York (TANY) penned a letter to the United States Department of Transportation, stating their continued support regarding the discontinuation of New York City’s congestion pricing plan. The plan, which was rolled out by Governor Kathy Hochul, went […]
Federal Reserve elects to keep interest rate at current levels
After making three rate cuts in 2024, the Federal Reserve’s Federal Open Market Committee (FOMC) said earlier today it has decided to maintain the target range for the federal funds rate at 4.25%-to-4.5%. “Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low […]
STB makes call to end Final Offer Rate Review litigation
The Washington, D.C.-based Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, said late last week that it decided the end its litigation on its Final Offer Rate Review (FORR) rule, adding that STB Chairman Patrick Fuchs will propose […]
February retail sales see slight increases
February retail sales saw mild gains in February, according to data respectively issued earlier today by the United States Census Bureau of the Department of Commerce and the National Retail Federation (NRF). Commerce reported that February retail sales, at $722.7 billion, rose 0.2% over January and were up 3.1% annually. From December through February, it reported […]
DAT Truckload Volume Index highlights February spot truckload volume and rate declines
Driven by a combination of seasonal slowing, winter weather conditions, and ongoing uncertainty regarding tariffs and economic conditions, spot truckload volumes trended down in February, according to the new edition of the DAT Truckload Index, which was issued today by DAT Freight and Analytics. The DAT Truckload Volume Index reflects the change in the number of loads […]