Industry News

Article by: Nari Viswanathan 
Source: Supply Chain 24/7
Supply chain and procurement professionals are being called to manage their organizations' value chains in highly challenging macroeconomic conditions, it is important to have visibility into inflation indices like the consumer price index and producer price index inflation.

Important changes to the National Motor Freight Classifications (NMFC) will take place on 8/13/22.As a best practice, shippers should be aware of these revisions and act accordingly when preparing LTL freight or work with organizations like BTX Global Logistics to correctly comply with the new requirements.

Source: Hazmat University, Bureau of Dangerous Goods 
If it feels like “new year, another new lithium battery rule," that’s because it is.  As lithium battery technology changes and more is learned from battery incidents, the regulations are bound to change to keep battery shipments safe during transport. 

Article by: Andrew Cox
Source: FreightWaves

Rather than recapping 2020, I’d rather look onward. There have been a ton of retail supply chain changes this past year. Some will last, others will not. Let’s collectively lick our wounds and look forward. Here’s 5 predictions for the retail supply chain in 2021.

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.

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.