Employment ranks rebound in truck transportation
Truck transportation jobs have rebounded sharply from the low levels reported a month ago, when the closure of Yellow Corp. resulted in a big decline in employment.
When the Bureau of Labor Statistics released its August report in early September, jobs in the truck transportation sector showed a decline of 36,700. That was largely attributed to the collapse of Yellow in late July and early August.
But the BLS report for September jobs, released Friday, shows that almost half that original decline has been recaptured.
Supplier diversity and DEI programs under pressure
Supplier diversity and DEI programs are facing heightened scrutiny and resolve as political pressures cause businesses to rethink their diverse sourcing strategies.
Supply chain managers should think again before letting ongoing political shifts impact their company operations and procurement strategies. Successfully navigating this dynamic landscape is essential for businesses, affecting not only their social responsibility but also their supply chain resilience and competitiveness.
U.S. to participate in IPEF negotiations
The Office of the U.S. Trade Representative and the U.S. Department of Commerce announced October 4 that a delegation of American representatives will travel to Kuala Lumpur to participate in the sixth negotiating round of the Indo-Pacific Economic Framework for Prosperity (IPEF) from October 15 to October 24.
During the negotiations, IPEF partners will continue to work on the outcomes of Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) of the framework.
Cargill’s clean fuel journey faces choppy waters
the International Maritime Organization (IMO) – a specialized agency of the United Nations responsible for regulating shipping – has mandated emission reductions of 50% for all vessels by 2050. A number of countries, including Japan, the UK and the US, have also set similar net-zero shipping targets.
But progress is proving to be far from plain sailing, with recent top-level talks to tackle greenhouse gas (GHG) emissions in the maritime transport industry slammed by environmentalists as “disheartening” and “tepid”.