US Inflation Persists As Consumer Spending Stays Strong

US Inflation Persists As Consumer Spending Stays Strong

Jared Bernstein, Chairman of the Council of Economic Advisers, analyzed the US economic situation during a media call at the Port of Los Angeles. He emphasized the importance of intermediate goods trade, highlighting consumer spending as a key economic driver. Bernstein acknowledged that inflationary pressures persist. He argued for balancing growth with stability, addressing structural challenges to ensure steady economic progress. The administration is focused on navigating these complexities to foster a resilient and sustainable economy, while closely monitoring global economic trends and their potential impact on the US.

01/21/2026 Logistics Industry Insights
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Echo Global Exec on Postpandemic Supply Chain Challenges

Echo Global Exec on Postpandemic Supply Chain Challenges

At the SMC3 Connections conference, Echo Global Logistics executive Frank Hurst shared insights on post-pandemic logistics trends. He emphasized embracing uncertainty, leveraging big data to optimize networks, and focusing on rational pricing in the less-than-truckload (LTL) market. Hurst also offered a forward-looking perspective on freight demand recovery and capacity adjustments. He highlighted the crucial role of technology in enhancing efficiency and service quality within the evolving logistics landscape. The importance of adapting to change and utilizing data-driven strategies were key takeaways from his presentation.

01/28/2026 Logistics Industry Insights
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Fourkites Analyzes Key Logistics Trends and Future Challenges

Fourkites Analyzes Key Logistics Trends and Future Challenges

FourKites expert Glenn Koepke provides insights into the current state and future trends of the logistics market. He discusses changes in the LTL market landscape, challenges and opportunities in the freight economy, peak season outlook, and the importance of technological innovation and sustainability. Koepke emphasizes the need for companies to strengthen collaboration, build more resilient supply chains, and leverage FourKites' visibility solutions to navigate market challenges. He highlights the critical role of real-time data and proactive decision-making in optimizing supply chain performance and mitigating potential disruptions.

01/28/2026 Logistics Industry Insights
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Feds Goolsbee Hints at Rate Cuts Amid Improving Inflation

Feds Goolsbee Hints at Rate Cuts Amid Improving Inflation

Fed official Goolsbee called the latest inflation data "encouraging," opening the door for future rate cuts. He emphasized the need to see sustained cooling in inflation and pointed out signs of cooling in the labor market. He did not rule out a rate cut as early as January and revealed his interest rate forecast is below the Fed's "dot plot" median. Analysts believe his remarks reflect a cautiously optimistic attitude within the Fed regarding the inflation outlook. Further data will be crucial in shaping the Fed's future policy decisions.

01/28/2026 International Settlement
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WCO Urges Global Collaboration to Bolster Supply Chain Resilience

WCO Urges Global Collaboration to Bolster Supply Chain Resilience

The Secretary General of the World Customs Organization emphasized the importance of strengthening international cooperation to address global crises and rebuild supply chain resilience at the 7th Annual Meeting of International Organizations. He outlined the WCO's measures to ensure the continued flow of goods and maintain supply chain stability. He also highlighted future areas of cooperation, including digitalization, e-commerce, and disaster management, urging participants to transform crises into opportunities for collaboration. The speech underscored the critical role of customs organizations in facilitating trade and promoting global economic security.

02/03/2026 Customs Knowledge
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WCO Stresses Supply Chain Resilience at ADBI Conference

WCO Stresses Supply Chain Resilience at ADBI Conference

The Secretary General of the World Customs Organization delivered a keynote speech at the Asian Development Bank Institute Annual Conference, emphasizing the importance of resilient global supply chains. He analyzed challenges such as digital transformation, data standardization, disruptive technologies, e-commerce, environmental sustainability, and geopolitical conflicts. He highlighted the crucial role of customs in building resilient supply chains and called for strengthened international cooperation to address global trade challenges and jointly build a new future for global trade. This collaboration is essential for navigating the complexities and ensuring stability in the global trading system.

02/03/2026 Logistics Industry Insights
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US Freight Rail Faces Labor Shortages Monopoly Concerns

US Freight Rail Faces Labor Shortages Monopoly Concerns

STB Chairman Martin Oberman sharply criticized US freight railroads, particularly the 'Big Four,' at the RailTrends conference for prioritizing profits over service by excessive workforce reductions. He emphasized the critical role of railroads in the US economy, calling the labor shortage a 'self-imposed embargo.' Oberman urged railroads to reassess their role and address the issues, warning of stricter regulations if they fail to do so. He highlighted the detrimental impact of their actions on service reliability and the overall economy, emphasizing the need for a shift in priorities from short-term gains to long-term sustainability and service quality.

01/16/2026 Logistics Industry Insights
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Panamas Shipping Industry Warns of Port Oligopoly Threat

Panamas Shipping Industry Warns of Port Oligopoly Threat

Ricardo Lins, president of the Panama National Maritime Authority, urges the country to avoid oligopoly in port management. He emphasizes the need for transparent regulations to attract new shipping companies and investments, strengthen market competition, and ensure long-term development.

08/04/2025 Logistics
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Uber Freight CTO to Keynote Nextgen Supply Chain Conference

Uber Freight CTO to Keynote Nextgen Supply Chain Conference

Val Marchevsky, the Chief Technology Officer of Uber Freight, will deliver a keynote speech at the 2025 NextGen Supply Chain Conference. He will discuss how to enhance logistics efficiency and innovation capabilities through AI and machine learning, while also exploring the future development trends and technology applications within the logistics industry.

08/06/2025 Logistics
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