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Mugsy, which operates primarily in direct-to-consumer (DTC) sales, struggled with inventory inaccuracies and parcel shipping delays, impacting its growth. After switching to Ryder and its acquired 3PL ...
Earlier this week, the United States Environmental Protection Agency (EPA) Administrator Lee Zeldin said that the EPA has proposed to rescind the 2009 Endangerment Finding that has been used to ...
The report’s benchmark reading, the PMI, came in at 48.0 (a reading of 50 or higher indicates growth), down 1% off of June’s ...
While some previous implementation dates for the White House’s reciprocal tariffs placed on goods imported into the United States had seen those dates pushed back, or paused, that was not the case ...
Following an executive order issued in May, which ended the de minimis exemption—allowing shipments under $800 sent from China and Hong Kong to the U.S. to not be subject to tariffs, the White House ...
For May, the most recent month for which data is available, the SCI came in at -0.9, slightly below April’s -0.6 reading.
The Federal Reserve said yesterday that it has decided to maintain the target rate for its federal funds rate, which comes from the Federal Reserve Federal Open Market Committee (FOMC) at 4.25%-to-4.5 ...
Beaverton, Ore.-based DAT Freight & Analytics announced it has agreed to acquire the Convoy digital freight network platform from San Francisco-based freight forwarding and customs brokerage services ...
The overall outlook remains fluid, in terms of the pace and also significance of trade deals being made up to the August 1 deadline. John Lash, group VP of product strategy for connected supply chain ...
Following a heavy amount of speculation that Omaha-based Union Pacific (UP) was taking steps to acquire Atlanta-based Norfolk Southern (NS), in first Class I railroad merger since the April 2023 deal, ...
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