Industry News

Article by: Deepak Chhugani
Source: Material Handling & Logistics

The transportation and logistics industry faced plenty of changes this past year due to new customs/border regulations as well as a pandemic. Following are some observations for 2021 that will be critical to manufacturers, shippers and customers moving into the new year.

Article by: Elizabeth Cohen, John Bonifield and Sierra Jenkins, CNN
Source: CNN

Pfizer's vaccine needs to be stored at about minus 75 degrees Celsius, which is about 50 degrees colder than any vaccine currently used in the United States. Doctors' offices, pharmacies and state labs don't have freezers that go nearly that low.

Article by: Council of Supply Chain Management Professionals (CSCMP)
Source: Supply & Demand Chain Executive

Growth rates in the logistics industry are roaring. Continuing its swift recovery from April’s all-time low overall score of 51.3, the Logistics Manager’s Index (LMI) registered at 70.5 in September, its first entry in the 70s since October 2018.

Article by: John Fisher
Source: American Trucker

New federal hours of service (HOS) rules — designed to give commercial drivers more flexibility — take effect across the U.S. at 12:01 a.m. EDT on Tuesday, Sept. 29.

Article by: Cristina Commendatore
Source: American Trucker

The Federal Motor Carrier Safety Administration (FMCSA) announced the publication of its long-awaited final rule on changes to the hours of service (HOS) regulations.

Editorial by Morgan Forde, Supply Chain Dive
Source: Supply Chain Dive

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion economic stimulus package, provides emergency funding for individual Americans, businesses and industries as the economy grapples with COVID-19 response efforts and disruptions to daily life.

Editorial by Lauren Pittelli, IndustryWeek
Source: IndustryWeek

On the heels of last year’s difficult trade war, supply chains now face an additional disruption caused by the coronavirus. The virus’s impact on international supply chains is spreading beyond China and creating knock-on effects in other parts of the globe. Here’s an update on the situation overseas and what businesses can do now and over the next 90 days to manage the disruption.

Editorial by William B. Cassidy, JOC
Many shippers were caught by surprise when the ELD mandate helped tighten capacity in 2017. Are shippers ready for the next phase of the US electronic logging device (ELD) mandate? They should be, but if past history is any guide, they may not be the case. Those shipping freight across the United States need to plan, even at the last minute, for potential disruption, even if that disruption is minor.

Editorial by Richard Fisher, BTX Global Logistics Boston (BTX-BOS)
From a sales perspective, most of us are used to asking questions to determine where and how we can match our benefits to our client's needs. Asking the right questions go a long way in establishing a longstanding relationship of trust with customers and in gaining additional business from them. In a climate where trade wars and tariff changes are a consistent reality, asking importer clients about U.S. Customs Bond is key.