It costs how much to ship that? How one commission is tackling inflation at the ports

Sep 20, 2022
A new law has given the Federal Maritime Commission the teeth it needs to tackle high shipping fees and congestion at the ports.
President Joe Biden believes taming shipping freight costs is an integral part of bringing inflation back down. He has empowered the Federal Maritime Commission to tackle it at the ports.
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In the customs business, delays are becoming less common

Sep 12, 2022
As congestion eases at some ports, "we know the fixed date of when freight is arriving now," said customs broker Gretchen Blough.
 "Customs kind of takes a special kind of person.," says customs broker Gretchen Blough. “We’re kind of the Ally Sheedy of 'The Breakfast Club.'”
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Possible train strike could derail supply chain even more

Sep 12, 2022
A nationwide rail shutdown could cost $2 billion a day, the Association of American Railroads said.
Around half of the goods we import and export touch U.S. railways.
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Retailers struggle under load of unsold inventory

Sep 7, 2022
Earlier in the pandemic, stores grappled with shortages. But as supply chains bulked up, they now have the opposite problem. And consumers' frequently shifting demands aren't helping.
The supply chain built up momentum during the pandemic, which has led to an inventory surplus.
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What was the main driver of inflation from 2019-21?

Aug 25, 2022
A New York Fed economist says 60% of inflation was driven by demand for goods, and 40% was from supply-side issues that magnified that higher demand.
Without the supply chain bottlenecks we've experienced, we might have seen 6% inflation at the end of last year, instead of 9%, a New York Fed economist posits.
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More supply chain trouble could be on the horizon

Three factors that could cause big supply chain problems down the road.
In an aerial view, shipping containers sit idle at the Port of Oakland.
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How teen mall hot spot Claire’s went from bankruptcy to IPO filing

Aug 5, 2022
The chain has benefited from '90s fashion trends, a good supply chain and looking outside of malls, says Elizabeth Segran of Fast Company.
Claire's has a team of "trend spotters" who travel the world looking for the next popular thing, says Elizabeth Segran of Fast Company. 
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For public good, not for profit.

The state of the supply chain in 2022? A lot like 2021.

Aug 2, 2022
Uncertainty and high costs continue to worry businesses and exert upward pressure on inflation.
The costs associated with shipping containers surged last year. Although those costs have eased, they remain above historic averages.
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Hearst celebrates 135 years and new business ventures

Jul 26, 2022
CEO Steven Swartz highlights the media giant’s important, if little-known, stakes in automotive information and B2B operations.
CEO Steven Swartz says the media giant is having an excellent year and remains open to acquisitions: "We're a good home for entrepreneurs."
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Supply chains are still disrupted, corporate economists report

Jul 25, 2022
A record-high percentage of firms are facing supply shortages, the National Association for Business Economics found, and most are passing cost increases om to customers.
There are more new cars available to consumers, but it's more because of slowing demand than easing supply chain issues.
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