Port stakeholders, particularly truckers, fear the Nov. 1 closure of the Vincent Thomas Bridge for a major redecking project could exacerbate dwell times that are already hovering near 18-month highs.
The toymaker’s investment will also support expanded packing capabilities to strengthen its regional supply chain network in the Americas.
With the Trump administration continuing to push back against wind development, project sponsors north of the border see an opportunity that would provide a new heavy cargo trade for shippers and carriers.
General Mills, Nestlé and more discussed how they are cutting operational costs, navigating uneven freight rates and sharpening demand forecasting at a Barclays conference.
Inland routes offer a stable alternative to heavily utilized routes, APM Terminals Mobile managing director Brian Harold told Supply Chain Dive.
Even saving a few dollars per order on shipping fees can free up capital for other parts of a business, UniUni Chief Revenue Officer Sheila Berry said.
The period after Golden Week could be “highly volatile,” the analyst says, as carriers work through schedule instability, rolled cargo and delays.
The terminal operator is looking for shippers that want to use Gulf Coast routes to avoid the rail delays hitting larger ports on the West and East coasts.
While most firms are keeping the returned cash, the institution said “a nontrivial portion” of refunds is being used to benefit customers and employees.
The pact reached last year to lower tariffs and suspend other trade actions will stay in effect until Jan. 10, Treasury Secretary Scott Bessent told Fox News.
