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Navy Awards Two Shipbuilding Contracts for New Submarines

Operations and Supply Chain Management

The multi-boat, multiyear awards are designed to lower production costs, with Virginia-class boats currently costing about $2.8 billion each, according to a recent report from the Congressional Research Service. That is close to the Navy’s long-term price target. They have delivered 10, with eight under construction.

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Trucking Market Update and 2020 Q1 Freight Outlook

Zipline Logistics

It created an influx of demand for freight services in 2018 that has since quelled to a near standstill as companies have preemptively built their supply chains ahead of the hike. Trucking Insurance Costs on the Rise. Refiners will pass increased production costs off to consumers while they shift to the new fuel formulas.

Freight 14
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This Week in Logistics News (July 15 – 21)

Logistics Viewpoints

Nestle USA , a business unit of Nestle SA, is investing in regenerative agriculture practices across its DiGiorno supply chain to reduce the company’s overall carbon footprint. Electrek recently reported that Tesla told suppliers to be ready for Cybertruck release candidates in late August and production in early October.