The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the country under the Port Infrastructure Development Program (PIDP). This funding will help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant portion [...]
The Department of Energy (DOE) has identified the materials that it considers critical to global clean energy technology supply chains for 2023 through to 2035. The list includes any non-fuel mineral, element, substance, or material that has a high risk of supply chain disruption, and are essential to clean energy [...]
If the United Parcel Service (UPS) strike goes ahead on Aug. 1, supply chains will see significant disruptions. But even if the strike is averted, experts say it’s still a good idea for shippers to be prepared in the event of such disruptions. How? By diversifying your carrier mix to [...]
The United States Department of Agriculture (USDA) and Agricultural Marketing Service have implemented a Final Rule strengthening the enforcement of the National Organic Program, which governs the production, handling, and sale of organic agricultural products. The Final Rule, which came into effect earlier this year and will be implemented on [...]
The U.S. International Trade Commission (ITC) has published a report detailing the significant impact that the COVID-19 pandemic had on U.S. supply chains. The document, titled Recent Trends in U.S. Services Trade: 2023 Annual Report, includes specific discussions on retail supply chains, e-commerce, logistics, warehousing, maritime shipping, port services, trucking [...]
The Transportation and Infrastructure Committee has voted to approve several measures to strengthen the country’s supply chain and guard against future supply chain disruptions. The approved legislation includes: The Soo Locks Security and Economic Reporting Act of 2023 Directs a federal study of potential security risks of the Soo Locks [...]
The Department of Transportation’s Freight Logistics Optimization Works (FLOW), has developed a data exchange to pool information on the movement of goods, including container volumes and available logistics equipment. According to a press release, such data sharing across the supply chain industry and alongside the federal government has never been [...]
Following a recent meeting between President Biden and Canadian Prime Minister Justin Trudeau, the US and Canadian governments released a joint statement reaffirming their commitment to a mutually beneficial partnership to support green energy trade initiatives. Highlights include: Introducing enhanced plans to support clean technology manufacturing and adoption. Launching a [...]
High inflation has been one of the top stories of 2022, and its impact has been felt around the world. Inflation is a measure of how much things cost. Increases in transportation costs, wages, fees, and raw materials drive up supply chain costs, which in turn drives up the cost [...]
What were the major trends in export controls, trade sanctions, customs compliance, and import requirements in the U.S. and around the world? Check out the series of videos posted by global law firm Baker McKenzie. The videos were recorded across three days and feature the firm’s top international trade compliance [...]
