PRIMO LEADING NEWS

WEEK APRIL 1TH TO APRIL 5TH

US

Port of Baltimore Closure Threatens Imports, Shippers Look for Alternate Options

APRIL 1, 2024

limited capacity and inability tor route cargo through New England.

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China Manufacturers Stroke Trade Tensions as Goods Quality Declines, Sets Stage for Greater Transparency in the Supply Chain

APRIL 2, 2024

 transparency in the supply chain is still troubling and even moreso with China exports becoming known as a “goods dump” according to news reports. In turn, shippers will want to see more emphasis on chain of custody and visibility to ensure they’re not purchasing these low-quality goods, especially among EVs and other suppliers.

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TRUCKING

Yellow Loses Appeal Against Teamsters, Shippers Continue Search for Other Providers

APRIL 3, 2024

shippers have been left reeling over Yellow’s closure and are continuing to search for other ways/carriers to handle LTL. More demand for 3PLs with broader network connections and point to consolidation opportunities to leverage FTL. 

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Durable Goods Orders in February Reportedly Grew, Says US Census Bureau on March 26, Heightens Pressure for Coverage Across Automotive, Semiconductor & Machinery Logistics

APRIL 4, 2024

 machinery, semiconductor and automotive logistics are growing in demand as total orders for durable goods in these categories climbed. In turn, shippers will be looking for more providers to handle their imports and manufacturing demands too.

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TECHNOLOGY

Exxon Moves Forward on Hydrogen as Fuel, Creates Concern Over Fuel Surcharge Future

APRIL 5, 2024

instability around fuel surcharges continues to be a core pain point across all modes. With the news around hydrogen, it means shippers will need to better understand how a major oil and gas company actions will create changes in how fuel surcharges are assessed, while also lowering totalcosts/ carbon emissions. great chance to plug PRIMO as a means of understanding and combatting fuel surcharges.

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