If you’re thinking about getting a commercial driver’s license, now might be the right time. The White House is trying to boost more trucking jobs amid the supply chain bottleneck. Judge Ketanji Brown Jackson is a step closer to a lifelong appointment to the nation’s highest court. Senators on Capitol Hill held votes to move…
2021 Home Price Increase Highest In Over 3 Decades: S&P Dow Jones Indices
Home prices in the United States increased by a multi-decade record rate in 2021 due to the COVID-19 pandemic and resulting change in housing location preferences, according to a recent report published by S&P Dow Jones Indices (S&P DJI). The National Composite Index, which measures home price gain, increased by a record 18.8 percent in…
US Manufacturing Growth Slows in January, While Employment Numbers Improve
U.S. manufacturing activity growth continued to slow in the month of January, said the Institute for Supply Management in a report on Feb. 1. January saw manufacturing activity fall to a 14-month low amid an outbreak of Omicron cases at the start of the year. ISM did mark, however, the third straight month of improvements…
Supply Chain Predictions for 2022: A Mixed-Bag of Consumer Spending, Port Management, and Omicron
News Analysis It can’t be denied that 2021 has been a very disruptive year, with new CCP (Chinese Communist Party) virus variants popping up, governments going in and out of lockdowns, and supply chain disruptions felt throughout the world economy. Now experts from different markets are putting forth what they think is in store for…
Home Prices Rise as Construction Remains Stagnant With Supply Chain Shortages
Single-home construction went down in October, while authorizations given for starting construction jumped to a 15-year high, revealing a market discrepancy with high demand but a significant shortage of supply. Single-family housing starts dropped 3.9 percent to a seasonally adjusted annual rate of 1.039 million units last month, according to a report from the Commerce…
LA Ports Delay Fines for Idling Containers
LOS ANGELES—The ports of Los Angeles and Long Beach announced Nov. 15 that their new “Container Excess Dwell Fee” on companies whose containers linger at marine terminals will be delayed until Nov. 22 due to “noticeable progress” made reducing the number of import containers at the terminal. “There’s been significant improvement in clearing import containers…
LA Ports Delay Start of Container Fees
Operators were given more time to clear thousands of shipping containers from the docks at Los Angeles and Long Beach ports Nov. 15. Port authorities announced they would delay the start of a new “Container Dwell Fee” until Nov. 22, citing “significant improvement” in clearing the containers in recent weeks. “There’s been significant improvement in…
Los Angeles Ports Delay Start of Container Fees
Operators were given more time to clear thousands of shipping containers from the docks at Los Angeles and Long Beach ports Nov. 15. Port authorities announced they would delay the start of a new “Container Dwell Fee” until Nov. 22, citing “significant improvement” in clearing the containers in recent weeks. “There’s been significant improvement in…
DMV to Expand Commercial Driver Testing Slots, Hoping to Relieve Port Backlog
LOS ANGELES— The state Department of Motor Vehicles (DMV) announced Nov. 10 it will boost its capacity to administer commercial driving tests, hoping to alleviate the backlog of goods at the Los Angeles and Long Beach ports by increasing the number of truck drivers on the road. The DMV will begin offering Saturday commercial driving…
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