According to freight-sector experts, companies will face new increases in logistics costs this year as they try to reset their supply chains and rebuild inventories in the face of ongoing disruptions and rising inflation. The latest annual Council of Supply Chain Management Professionals State of Logistics Report, released Tuesday, said business logistics costs rose 22… Continue reading Companies Face Rising Supply-Chain Costs Amid Inventory Challenges
Tag: supply chain delays
Administration Lays Out Broad Changes to Address Supply-Chain Shortfalls
The Biden administration on Thursday outlined dozens of measures the federal government can take to strengthen freight transportation and infrastructure following almost two years of supply-chain turmoil that has frustrated American businesses and helped fuel inflation. The recommendations from the U.S. Department of Transportation are included in one of seven reports published by government agencies… Continue reading Administration Lays Out Broad Changes to Address Supply-Chain Shortfalls
Small and Midsize Businesses Are Revising Their Supply-Chain Playbooks to Ease Costs, Capacity Crunch
Businesses shook by high logistics costs and freight bottlenecks are extending the workarounds they used during the pandemic and implementing new strategies to alleviate supply-chain pain in the new year. Some are increasing their use of stopgap measures, such as storing goods in idle truck trailers, while others are making more concerted efforts to extract… Continue reading Small and Midsize Businesses Are Revising Their Supply-Chain Playbooks to Ease Costs, Capacity Crunch
Biden Administration Announces Actions to Help Alleviate Supply Chain Challenges
The Biden administration announced a new set of immediate and short-term actions aimed at alleviating supply chain issues at the nation’s ports, waterways, and freight networks on Tuesday, as the administration moves to implement the recently passed but unsigned bipartisan infrastructure bill. The White House stated in a fact sheet that the goals and actions… Continue reading Biden Administration Announces Actions to Help Alleviate Supply Chain Challenges