National weekly diesel average hits highest level since 2023
The national average price per gallon of diesel gasoline rose for the tenth consecutive week, for the week of March 9, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). With oil and gasoline prices seeing significant increases since the recently-launched joint strikes by the United States and Israel less […]
U.S.-bound imports are projected to fall as tariff confusion and geopolitical risks cloud supply chain outlook, reports Port Tracker
Keeping in line with an assessment made in its previous edition, United States-bound retail container import volumes are expected to see annual declines over the first half of the year, due largely to ongoing tariff-driven uncertainty and potentially the Iran conflict, which is now in its second week, according to the new edition of the […]
February Logistics Manager’s Index heads up to 61.5 as lean inventories tighten transportation capacity and push up freight rates
Various factors, including the Iran conflict and subsequent increase in fuel prices and the ongoing impact of tariffs, are expected to lead to further supply chain uncertainty and higher inflation. That was a key theme of the new edition of the Logistics Manager’s Index, which was released this week. The monthly LMI is a joint […]
Two dozen states sue the White House over Section 122 tariffs
A coalition of 24 states has filed a lawsuit challenging President Donald Trump’s latest round of 10% Section 122 tariffs, setting up another legal battle over the administration’s trade policy just weeks after the Supreme Court struck down an earlier tariff program. The lawsuit was filed in the U.S. Court of International Trade and argues that the […]
Preliminary February Class 8 orders see strong annual gains
Preliminary February Class 8 truck net orders saw significant gains, according to data respectively issued this week by FTR and ACT Research. FTR reported that February preliminary orders, at 47,200 units, rose 47%, from January to February, and posted a 159% annual gain, marking the highest monthly tally since September 2022. What’s more, the firm […]
Services PMI continues to see gains in February, reports ISM
Services economy growth remained solid in February, according to the new edition of the Services ISM Report on Business, which was released today by the Institute for Supply Management (ISM). The February Services PMI, at 56.1(a reading above 50 represents expansion and below 50 indicates contraction), was up 2.3% over January, growing, at a faster rate, […]
White House Executive Order focuses on restoring U.S. maritime dominance, launch Maritime Action Plan
Last month, President Donald Trump inked an Executive Order (EO) focused on restoring United States maritime dominance and also revitalizing the American shipbuilding industry. The primary objective within the EO directs the creation of a Maritime Action Plan (MAP), which will provide a strategy with specific actions in order to restore and create sustained resiliency […]
ISM report highlights manufacturing growth, for second straight month, in February
Coming off of its first month of growth in 12 months in January, manufacturing output remained on the right side of growth again in February, according to the new edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The report’s benchmark reading, the PMI, came in […]
New legislation addresses various supply chain issues impacting U.S. freight and highways
Legislation introduced this week by Senator Todd Young (R-IND) takes direct aim at addressing supply chain-related issues impacting U.S. freight and highways, improving roadway safety, and protecting national security. Entitled the Securing American Freight, Enforcement, and Reliability in (SAFER) Transport Act, the legislation’s key objectives focus on combatting freight fraud and theft, strengthening motor carrier […]
Nearly 80% of supply chain leaders say execution Is the edge
Supply chain leaders are putting less emphasis on planning and visibility alone and more focus on how well they actually execute, according to new research from Infios. In its Supply Chain Execution Readiness Report, based on a survey of 100 U.S.-based supply chain leaders, 79% said fast, dynamic execution is now their main source of competitive advantage in volatile markets. […]