PRIMO LEADING NEWS
Week dECEMBER 4th to 8th, 2023
US and Industry
UPS Changes US Diesel Surcharges, Shippers Refocus Optimization Efforts
November 30, 2023
U.S. companies relocating manufacturing to Mexico are encountering unexpected challenges due to border disruptions. Delays caused by factors like migrant surges and customs issues complicate the transportation of goods, highlighting the risks. These challenges include suspending operations, closing rail and truck crossings, and issues with Mexico’s customs system and secondary inspections.
PRIMO is here to guide your use of this new trend. Our team of cross-border logistics experts has deep knowledge of the US-Mexico-Canada trade corridors and risks. Our vendor’s compliance process ensures smooth, secure, and compliant import-export documentation.
TRUCKING
BIDEN KICKSTARTS EFFORTS TO STRENGTHEN AMERICA’S SUPPLY CHAINS, CREATES NEW OPPORTUNITIES FOR SHIP
December 1, 2023
President Biden convened the first meeting of the Supply Chain Resilience Council on November 27, 2023, and it’s focused on improving infrastructure and collaborationt throughout the industry. Top plans include an early warning system for semiconductor supply chain disruptions among additional plans to work with visibility platforms. PRIMO is already ahead of the game with a world-class visibility platform in operation via our supply chain control tower–our lighthouse that cuts through the fog and enables proactive forecasting and planning.
ATA SA For-Hire Truck Tonnage Index Points to Greater Need for Strategic Partners
November 28, 2023
The American Trucking Associations’ report of a 1.1% increase in the For-Hire Truck Tonnage Index in October underlines a gradual industry recovery. This trend is both coupled with the ongoing softness in truck freight and necessitates strategic freight partnerships. PRIMO’s managed transportation services are pivotal in leveraging these conditions to maintain competitive rates.
NRF INDICATES STABLE INVENTORIES, RECORD-BREAKING BLACK FRIDAY SPENDING AS SHIPPERS LOOK TO KEEP TRANSPORTATION COSTS STABLE
November 28, 2023
Despite high consumer spending during Black Friday, inventories remain balanced, according to the National Retail Federation. Even in peak shopping periods, which were up 18 million compared to the NRF’s prediction, shippers need to exercise caution. They should seek out forward-looking strategies in supply chain management. PRIMO’s broad industry expertise ensures effective transportation solutions across various sectors.
Technology
Amazon Report Shows Shippers Ready for More Tech in Transportation
November 14, 2023
The focus on increased tech investments in procurement, as highlighted by Amazon Business, emphasizes the evolution towards a more analytics and AI-driven approach in the industry. Amazon found that 95% of shippers are looking for procurement optimization solutions and strategic capabilities. This shift towards advanced technology aligns with PRIMO’s Managed Trans System and innovative brokerage-in-a-box solution, offering forward-thinking solutions in transportation.