Regulation: Page 32
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Trucking industry takes to the Hill with 'competing ideas'
Eight witnesses from the trucking industry discussed everything from hours of service to truck weight in a House Transportation Committee meeting this week.
By Matt Leonard • June 12, 2019 -
Apple, Nintendo prepared to move production out of China
Foxconn, a Taiwanese manufacturer that builds Apple's iPhones in China, said its global manufacturing capacity outside of China would be expanded to meet customer needs if necessary.
By Morgan Forde • June 12, 2019 -
US to 'indefinitely' suspend Mexico tariffs
In a Friday night tweet, President Donald Trump said the 5% tariffs, originally set to take effect today are "hereby indefinitely suspended."
By Matt Leonard • June 7, 2019 -
Texas, Michigan would be hit hardest by Mexico tariffs
The states imported billions of dollars worth of goods from Mexico in 2018, and even the 5% tariff level would result in billions in extra cost that would have to be paid by either businesses or consumers.
By Matt Leonard • June 7, 2019 -
Tariffs could raise prices up to $25 at Ugg, Calvin Klein
Apparel brands that were safe from the Trump administration's tariff increases now find themselves highly exposed to the proposed tranche four tariffs, which include apparel, leather and textiles.
By Morgan Forde • June 5, 2019 -
Off-price retailers emerge as rare winners in trade war
Any business that can capitalize on uncertainty is sure to fair well in the midst of a global trade war. Burlington, Ross and TJX are able to do just that.
By Emma Cosgrove • June 5, 2019 -
Williams-Sonoma will halve China sourcing in the next year
The retailer made 2019 forecasts anticipating a jump from 10% to 25% on list three tariffs and "unfortunately, our pessimism turned out to be true," said CFO Julie Whalen on a recent earnings call.
By Emma Cosgrove • June 4, 2019 -
Dollar stores prepare to pass on new tariffs to shoppers
On recent earnings calls, both retailers touted their teams' ability to mitigate list three tariffs, even after the increase from 10% to 25% on May 10. But list four is another story.
By Emma Cosgrove • June 3, 2019 -
New tariffs could imperil Best Buy, Dick's and Bed Bath & Beyond
J.P. Morgan looks at which retailers would lose the most in a "disaster" scenario after the Trump Administration's latest trade salvos.
By Ben Unglesbee • May 29, 2019 -
Trade war unpredictability has ocean shippers, carriers bracing for the worst
Freight volumes are expected to decline if the fourth list of tariffs is approved and the deadlock between Washington and Beijing deepens, according to an analysis by Drewry.
By Morgan Forde • May 29, 2019 -
Goldman Sachs ups the odds of no-deal Brexit as May resigns
The British Chambers of Commerce said the uncertain climate surrounding Brexit has hurt the U.K.'s reputation as a good place to do business.
By Matt Leonard • May 28, 2019 -
Uber seeks approval for drone deliveries
Uber Technologies affiliate Uber Elevate has filed an application with the Federal Aviation Administration to deliver food in the San Diego market. An answer is expected by June 10.
By Alicia Kelso • May 23, 2019 -
Bangladesh factory oversight to transition to new council, prompting union concerns
Some union members worry this new agreement will put too much power in the hands of factory owners and result in more of the safety issues the Accord was initially created to avoid.
By Matt Leonard • May 23, 2019 -
Teamsters oppose proposed FMCSA pilot to lower driver age to 18
Public comments on the program indicate opposition to putting younger drivers behind the wheel of semi trucks for interstate commerce.
By Matt Leonard • May 22, 2019 -
US Supreme Court passes on UPS case for USPS price increases
UPS argued USPS' comparatively low delivery rates, set by the government, make it difficult for private 3PLs to compete.
By Morgan Forde • May 21, 2019 -
Nike, Adidas and others call on Trump to remove footwear from tariff list
In an open letter posted by the Footwear Distributors and Retailers of America, footwear brands called tranche four tariffs "catastrophic" and estimated a $7 billion annual impact on consumers.
By Matt Leonard • May 21, 2019 -
US lifts steel, aluminum tariffs on Canada, Mexico
The 25% tariffs on Canadian and Mexican steel and 10% on aluminum, in place since March 2018, were major barriers to the ratification of the United States, Mexico and Canada Agreement (USMCA).
By Emma Cosgrove • Updated May 17, 2019 -
Logistics companies call for 'basic infrastructure' investments
Sound infrastructure will be necessary to handle the large volume of trucks on the roads — driverless or not.
By Morgan Forde • May 17, 2019 -
Will autonomous trucks eliminate focus on HOS?
Not having to worry about these regulations can lead to faster shipping times, autonomous truckmaker Embark's head of public policy said Thursday.
By Matt Leonard • May 17, 2019 -
Walmart: Tariffs will lead to higher prices
The increase in tariff rate and the potential impact of a proposed tranche four list on consumer goods have come at a particularly bad time for Walmart as it seeks to speed up fulfillment to match Amazon.
By Emma Cosgrove • May 17, 2019 -
Tranche 4 shakes up apparel and footwear supply chains after escaping earlier tariffs
China is currently the United States’ largest supplier of textiles and apparel, accounting for nearly 36% of total imports in 2017 according to the World Bank.
By Morgan Forde • May 16, 2019 -
Tranche 4 tariffs by the numbers
"If tariffs are set to 25%, the effect will be dramatic," said A.T. Kearney's Johan Gott.
By Shefali Kapadia • May 16, 2019 -
Macy's: Tariff tranche 4 is 'the big one'
The retailer has worked for years to move production of private label goods out of China, but the country remains "an important piece of our overall mix," CEO Jeff Gennette said
By Emma Cosgrove • May 16, 2019 -
Tech products make up 'more than half' of new $300B tariff list
Experts say technology companies are likely to pass these costs along to the consumer. One analysis said tariffs could raise the price of an iPhone by as much as 14%.
By Matt Leonard • May 15, 2019 -
Package growth not enough as USPS posts $2B losses
The U.S. Postal Service's financial instability and failure to meet service goals raises concerns for shippers and 3PLs that often rely on USPS for last-mile deliveries.
By Matt Leonard • May 15, 2019
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