🎣 Chicago Takes the Crown
Plus: Brokers return, Hormuz spikes rates, LTL stays stuck in a tough year, and more.
Amazon's Prime Day sees $6.4 billion in online spending in the first 24 hours, a 6% increase from last year, but falls short of growth predictions.
A potential UPS strike threatens significant disruptions in US deliveries and e-commerce. Impacts include slower delivery times, supply chain issues, and raised shipping costs.
Ocean shipping sees blank sailings drop, indicating market normalization. This signals more deployed capacity, but potential disruptions remain.
Foxconn's withdrawal from a joint semiconductor venture with Vedanta marks a significant setback to India's chipmaking goals. This move questions the success of the 'Make in India' initiative and could impact future foreign investments.
China's economic woes are compounding, with its consumer spending, property market, and exports hitting roadblocks. We dive into the challenges that China's economy faces and the potential global impact.
Struggling truckload carrier Yellow Corp. gains a reprieve from lenders, waiving certain financial targets, and giving the company time to navigate challenges from the Teamsters union and bankruptcy threats.
Amid a significant shift in global supply chains, Mexico overtakes China as the leading exporter to the US, prompting structural adjustments and additional pressure on infrastructure and labor.
US households and lenders exhibit caution as non-revolving loans decline for the first time since the pandemic's onset, suggesting potential economic slowdown and looming recession fears.
The global supply chain is recovering with significant improvements in ocean freight shipping, air cargo, trucking, and warehouse capacity, which is easing inflationary pressures.
Shippers start diverting freight from Yellow Corp. due to concerns over its future, according to a TD Cowen report. What potential impacts will this have on industry?
Major truck and engine manufacturers reach a significant agreement with California regulators over emission rules. This could influence logistics professionals nationwide.
U.S. container import volumes reach their peak earlier than usual, hinting at a potential steady downturn. This data-based insight is crucial for logistics professionals planning for the months ahead.
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