An indicator of U.S. supply chain pressure fell to the lowest level in two years, as a sharp drop in transportation costs underscores the slowdown in the nation’s economy heading into the second half of the year.
The union representing about 22,000 West Coast dockworkers and their employers are continuing negotiations for a new labor contract past the July 1 expiration of their previous pact and said the ports — among them the U.S.’s busiest — will keep functioning.
A U.S. Supreme Court decision that could force California’s 70,000 truck owner-operators to stop driving is set to create another choke point in already-stressed West Coast logistics networks.
CVS and Rite Aid pharmacies are limiting purchases of emergency contraceptive pills as demand for the medication surged following the U.S. Supreme Court decision that struck down the constitutional right to abortion.
President Biden rebooted his effort to counter China’s flagship trade-and-infrastructure initiative after an earlier campaign faltered, enlisting the support of Group of Seven leaders at their summit in Germany.
Robust demand from Latin America is set to lift U.S. Gulf Coast fuel exports to new heights this month, hampering efforts to build up national inventories amid soaring prices.
Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as President Biden lambasts the industry for closing plants.
Major railroads, including Union Pacific and BNSF, and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move which will likely force President Biden’s administration to intervene.
The latest supply chain news, analysis, trends and best practices for companies operating in the United States, Canada and Mexico. Learn how businesses are optimizing supply chain and logistics performance across North America - addressing a range of challenges such as varying regulations, labeling and packaging requirements, customs and tax laws and government controlled exchange rates.
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