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WASHINGTON — Legislation introduced in the House and Senate could help speed air cargo shipments through the supplychain by using a new funding incentive for surface transportation projects. In addition to passenger benefits, Kustoff emphasized benefits to cargo shipments as well. “It Steve Cohen, D-Tenn.
That pause ends July 9, and some extend to next month, but it’s unclear how many new trade agreements Washington will complete by then, or whether tariffs will return to previous levels. Washington has come to basic terms on trade deals with China, Vietnam, and Great Britain. China and the U.S. Ocean container rates from China to U.S.
This major gaming hardware heist highlights the vulnerability of high-value cargo. Rising Cargo Theft Cargo theft surged 27% in 2024, with 3,625 incidents averaging $202,364, per Verisk CargoNet. Cargo and Value The stolen cargo comprised 2,810 Nintendo Switch 2 consoles, each worth $499, totaling $1.4
The SupplyChain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supplychain teams. The key difference reportedly is the overall mix of jobs. If the U.S.
Boeing on Monday officially began production of the 777-8 freighter by drilling the first hole into a wing spar, while Airbus reached another milestone in building its new A350 freighter as the companies gear up competition for sales of large cargo jets. Airbus is manufacturing two A350 cargo jets for flight testing in 2026 and 2027.
Long-haul trucking is the backbone of the supplychain as it keeps goods moving across vast distances. Understanding Long-Haul Trucking Insurance Long-haul trucking insurance is a specialized commercial auto insurance that offers coverage for vehicles and cargo traversing long routes. of freight by weight in the country.
China's exporters rush to beat Trump's next big tariff deadline China's exports regained momentum in June as firms rushed out orders to capitalise on a fragile tariff truce between Beijing and Washington ahead of a looming deadline next month, with shipments to Southeast Asian transit hubs particularly strong.
In 2024, cargo theft incidents surged to 3,625 across North America, a 27% year-over-year increase, with losses exceeding $455 million and an average loss per theft of $202,364. The economic toll of cargo theft alone is estimated at $15–$35 billion annually, disrupting supplychains and inflating costs for businesses and consumers.
The key supplychain stories from Reuters’ global network of journalists China's rare earth magnet shipments halve in May due to export curbs China's overseas shipments of rare earth magnets halved in May from April, tumbling to their lowest levels in more than five years due to export curbs. because of Washington's levies.
The key supplychain stories from Reuters’ global network of journalists What's at stake as Trump's tariffs threaten EU exports U.S. Tariff truce will not spark cargo boom at busiest US seaport, executive director says The head of the busiest U.S. and jeweller Pandora (PNDORA.CO) are looking at spreading the cost of U.S.
billion enterprise with the largest air cargo fleet in the world. ground network, the largest less-than-truckload carrier in the United States and a major supplychain division. In 1977, FedEx purchased seven Boeing 727 aircraft, each with a cargo capacity of 40,000 pounds – almost seven times that of the Dassault Falcon.
Apple in $500 million rare earth magnet deal with MP to expand US supplychain Apple (AAPL.O) for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth. trade deal. has signed a $500 million deal with MP Materials (MP.N)
Rethinking supplychains is a reader-supported publication. I’m not a politician nor an economist by any means, but it’s easy to see that supplychains will need to be extra agile and to pivot at a moment’s notice to address sudden changes in trade. could represent $1.5
tariff-induced cancellations , as Beijing and Washington head for trade talks in Switzerland. India File: Picking the right fights in manufacturing As global supplychains start to break apart and reassemble under new tariff realities, could India set itself up to be among the winners? That's the focus of our analysis this week.
US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop Rates for shipping cargo containers from China to the U.S. Tariff risks muddy global outlook for factories Worries over future U.S.
East Coast prices declined 6% to $3,979 per FEU, container rates on the Asia to North America route have again soared amid rising tensions between Washington and Beijing. This congestion presents a bottleneck, testing the resiliency of supplychains. West Coast rates fall 1% to $2,767 per forty-foot equivalent unit.
WASHINGTON — Legislation created to address the cargo theft crisis across the U.S. The Combating Organized Retail Crime Act of 2025 , introduced in both the House and Senate in April, would set up a coordinated multiagency federal response to organized cargo and retail theft and make it easier to prosecute the crime groups responsible.
and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season starting in late May after Washington and Beijing agreed to temporarily slash tariffs. China to US ocean cargo bookings surge after tariff pause, Vizion says U.S. retailers including Walmart (WMT.N)
WASHINGTON — The U.S. maritime interests, including a requirement that all cargo purchased by the U.S. The Cargo Preference Act of 1954 requires that 50% of civilian agencies’ cargo and agricultural cargo be carried on U.S. The American Cargo for American Ships Act would boost the 50% requirement to 100%.
The key supplychain stories from Reuters’ global network of journalists Inside the airline seat industry crisis delaying jet deliveries Tucked beneath the armrest of a luxury business class seat in a factory in Wales lies a clue to a global aviation bottleneck that has left many airlines waiting impatiently for new jets.
WASHINGTON — New tax incentives proposed by Republican lawmakers aimed at protecting US supplychains from Chinese market power could also boost competition among Gulf Coast ports. supplychain security and revitalizing American manufacturing,” according to the bill’s sponsors. Mike Ezell, R-Miss.,
Yedi, an importer of kitchen and home products, severely felt the tremors that rippled through the global supplychain. Tariffs have not just been a financial concern but a strategic quagmire, forcing businesses to reassess everything from supplychain logistics to inventory management.
Meanwhile the New Delhi administration is racing to clinch a deal with Washington before August 1, when higher tariffs are due to kick in. For Modi, the trade deal with Britain reinforces his push to position India as a viable alternative for global supplychains looking to diversify.
WASHINGTON — Executives from the largest US container and energy ports that had been set to receive close to $330 million this year for maintaining key infrastructure are warning Congress not to accept the Trump administration’s plan to cancel the money. During a water resources budget hearing in June, U.S. Senator Patty Murray, D-Wash.,
While the Chinese government has eased those restrictions after reaching a deal with the Trump administration, Washington continues to push for more domestic production to reduce reliance on China, including having the Pentagon take an equity stake in MP Materials.
The pending resumption of China-bound Boeing planes to one of the world’s largest aviation markets comes after sparring between Washington and Beijing over the licensing of rare-earth minerals and semiconductors. SupplyChain Finance & Revenue Management Smarter AI Starts with High-Quality Data Webinars U.S.
Recent trade pacts Washington reached with China and the U.K. Photographer: Chris Ratcliffe/Bloomberg June 13, 2025 Bloomberg The International Monetary Fund is seeing signs that the rise in trade and activity to front-run U.S. President Donald Trump’s tariffs is beginning to unwind as the global economy still faces heightened uncertainty.
as Tariff Deadline Nears Photo: iStock/3dmitry August 6, 2025 SupplyChainBrain Just days after assuming they had secured a trade understanding with Washington, Swiss officials are now in a diplomatic sprint to avoid some of the highest U.S. as Tariff Deadline Nears Swiss Leaders Rush to Salvage Talks with U.S. tariffs in the world.
The clause doesn’t constitute a guarantee that Washington will hold off on putting tariffs on the industry considered vital by the Swiss, the people said, speaking on the condition of anonymity. requirements for the security of supplychains. Similar to provisions in a U.S.-UK UK framework deal signed in May, the draft U.S.-Switzerland
senators during a hearing in Washington on June 11 that he wants to hold “Boeing accountable to deliver a high-quality product.” He said he aims to ensure the planemaker is listening to its workforce and backed the use of data, such as defect rates, to determine if the quality and supplychain issues at Boeing have been addressed.
India had been among the first to engage Washington in talks, following Prime Minister Narendra Modi’s high-profile White House visit in February. Washington and other allies of Ukraine view such oil purchases as a form of tacit support for Russia, helping to bolster its economy and undercut sanctions. India and the U.S.
Now is the time to make this happen, especially as supplychain companies around the world make their pledge towards sustainability. She also highlighted the role that logistics companies play in the supplychain. In a statement, the International Brotherhood of Teamsters commended Washington Gov.
In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The bridge is part of the heavily traveled Interstate 695 linking Baltimore to Washington, D.C. mile-long span. An estimated 11.5
store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supplychains. They include Massachusetts, New Jersey, New York, Oregon, Vermont and Washington state.
Robots continue to be a larger part of global supplychains. One of the most difficult and expensive aspects of the supplychain is last mile and home delivery. In this situation, an autonomous vehicle brings a package to a customer’s house, whereupon the customer enters a code and retrieves the package from a cargo hold.
Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supplychains fed by the Suez and Panama Canals.”[1] The editorial board at The Washington Post points out, “This is not just Panama’s problem. ” Will things get worse?
As most adults know, constipation involves the difficult passage of necessary items through the tail end of the body’s supplychain. Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway.
In that spirit, a number of freight- and supplychain-focused companies and at least two federal agencies used the annual observance of Earth Day to publicize what they are doing or plan to do to help the environment, promote sustainability and reduce emissions.
Supplychain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supplychain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your SupplyChain.
Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. Why Ship Cargo by Air? Seasonal shipments.
There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supplychains face. The report points to potential vulnerabilities in a significant percentage of global supplychains. First, supplychains have grown complex and global.
And while we all know Santa’s supplychain just can’t be beat, some retailers may have an extra hard time trying to give the jolly old man a run for his money this year. Import cargo volume at major retail container ports has been increasing steadily and is on track to meet or surpass last year’s levels.
Headquartered in Pittsburgh, Pennsylvania, the company started out by offering less-than-truckload (LTL) service, then expanded into truckload (TL), supplychain, and ground service. Lastly, US Cargo has locations in Ohio, Pennsylvania, Virginia, and West Virginia. The company offers 24/7 operational support.
Headquartered in Pittsburgh, Pennsylvania, the company started out by offering less-than-truckload (LTL) service, then expanded into truckload (TL), supplychain, and ground service. Lastly, US Cargo has locations in Ohio, Pennsylvania, Virginia, and West Virginia. The company offers 24/7 operational support.
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