Welcome back to TMX Trendwatch!
From retailers to restaurants, some of the biggest companies in the U.S. are cutting prices to combat sluggish demand. Meanwhile, those same forces are hitting transportation: limited supply is pushing shipping container prices while expanding demand is shifting production closer to home. See it all play out through our latest Trendwatch, which aggregates the freshest transportation industry news and delivers it to your fingertips.
What Concrete and Pigs Reveal About Supply Chains That Can Withstand Disaster: Reshoring and nearshoring may bring production closer to home, but is that close enough? Here’s how “Moment of Use” production is poised to revolutionize the supply chain and achieve true proximity—if we’re even remotely ready.
NY Fed Announces Launch of New Supply Chain Pressure Metrics: The new index will “measure how widespread supply disruptions are, understand if availability is improving and track inflationary pressures.” Will it help predict supply chain crunches like we’ve experienced over the past four years?
The $10,000 Shipping Container is Again the Talk of Global Trade: Transporting goods from Asia could cost as much as ten grand for an urgent full-size shipping container, recalling the last shocking surge in container prices that hit $20,000 in 2021. See what’s causing shippers to experience such déjà vu.
A New Wave of AI is Coming to Trucking: “I am firmly in the camp of it’s man plus machine.” The latest uses of AI in trucking are assisting drivers and other employees with safety, worker efficiency, vehicle maintenance and business intelligence, to name a few.
Organized Crime at Its Finest: Huge Rise in Cargo Thefts Continues: Cargo thefts are growing and expected to rise even more, by 35%, before the year ends. While expensive and easy-to-move items like electronics and liquor are targeted, thieves are even swiping sausages. Experts say tracking your shipments along every of transport is your best bet to fight crime.
