Inside: FedEx's market triumph, the controversy at Yellow Corp, Waabi and Uber Freight's decade deal, and the hammer comes down on PPP loan-scamming trucker.
As 2023 seasonal hiring gets underway, some retailers are cutting back on workers while others are hiring more.
Analysis of TuSimple's challenges in the autonomous trucking industry and FedEx's impressive financial performance surpassing expectations.
U.S. manufacturing boom spurred by recent laws promises up to 250,000 new jobs over two years
Promising growth in the U.S. manufacturing sector is on the horizon, with thanks going to the Biden administration's signature bills: the Inflation Reduction Act and the CHIPS and Science Act. Goldman Sachs projects:
Significantly, Arizona stands out, with around one-third of the total private investment planned here, a nod to significant commitments from giants like TSMC and Intel.
Source: Axios
In the midst of rising inflation and economic uncertainties, #industrial markets across the country posted sluggish figures compared to one year ago. The #manufacturing sector and #nearshoring efforts will drive demand in the coming quarters.
— JLL USA (@jll_usa) August 2, 2023
More here: https://t.co/7DOijABsbR pic.twitter.com/dQFQOMCJyd
China's Tech Leverage in the Global Supply Chain China has set export restrictions on two minerals, gallium and germanium, vital
The South is transforming into the US's new industrial heartland, with investments pouring into sectors such as EV battery production.
In an earlier newsletter, FreightCaviar wrote about a WSJ report on the unraveling of the US and China trade relationship.
NextDecade Corp pushes forward with its massive LNG export terminal project at the Port of Brownsville, aiming to transform South Texas's trade dynamics.
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