Producer prices jump to 3-year high, spurred by war shortages
As the Iran war upped oil prices, transportation and warehousing costs rose 5% in April and wholesale energy prices rocketed 7.8%, per the Bureau of Labor Statistics.
As the Iran war upped oil prices, transportation and warehousing costs rose 5% in April and wholesale energy prices rocketed 7.8%, per the Bureau of Labor Statistics.
The tea company faced unpredictable delivery times and lower sales in the U.S. without the trade rule exemption, CEO Sarah Segal said.
Topics: Supply Chain
Entities: Supply Chain
The two countries will use the board to manage bilateral trade for certain goods, and they also aim to resolve some non-tariff barriers in agriculture.
The “most pro-U.S. manufacturing trade agreement in history” can still be enhanced during negotiations at the six-year mark with process improvements, the National Association of Manufacturers said in a new report.
The agency plans to round up any fraction of an inch for several of its services, part of a wave of changes set to impact package shippers on July 12.
Spring and summer goods are arriving at the port, with back-to-school products and holiday inventory in the pipeline, Executive Director Gene Seroka said.
Topics: Supply Chain
Entities: Supply Chain
Competitors such as BNSF, CPKC and CSX say Union Pacific and Norfolk Southern's refiled application falls short. Here's why.
Brands have an inventory problem, and Hormuz made it expensive.
Topics: Supply Chain
Entities: Supply Chain
Carrier pricing moves in real time now. Is your parcel team keeping up?
The auto parts retailer said prioritizing its store-branded portfolio improves sourcing and product control as supply constraints emerge.
The conflict is causing supply disruptions and price increases, and renormalization isn’t expected until 2027 at the earliest, experts say.
Communication and processing upgrades helped, but several services still fell short of performance targets, per a report from the USPS Office of Inspector General.