Jamie Dimon warns ‘something worse’ than a recession could be coming (msn.com)

Interest rates and tensions with China are rising.  Oil prices are down but home heating season is on the horizon. How are you planning for 2022Q4 and 2023?  Expert perspectives vary. 

PeakDemandSurcharges_US.pdf (ups.com)

UPS is applying peak season surcharges effective August 14, with no end date specified. 

FedEx sets earlier start date for peak delivery surcharges - FreightWaves

Fedex will apply peak season surcharges starting on Labor Day  

eBay and Etsy 'Shipping Tax' Takes Effect October 2nd (ecommercebytes.com)

Are commissions on shipping fees a tax?  

Postal Service plans to hike prices for holidays (msn.com)

Rates for priority mail, first-class services and ground shipping would increase by as little as 25 cents in some cases, and as much as $6.50 in others

New Obstacles Emerge For Small Businesses Two Years After COVID Struck (yahoo.com)

Small business battled and overcame Covid challenges and the ongoing supply chain disruptions. Now it's increasing interest rates that drive up inventory carrying costs and impact consumer spending, and a worker shortage. Recent legislation includes increased regulation and tax increases including IRS audits of middle income earners.   

UK’s Biggest Container Port To Be Hit By Eight Days of Strikes (gcaptain.com)

The union and the port have not agreed on the rate of pay increase.  A port strike would add to the supply disruptions from the rail worker walkouts and staffing shortages for airlines.  Re-routed freight will inflict potential increased costs for cargo owners. 

West to East Cargo Shift Causing Most Ships to Arrive Late at East Coast Ports (gcaptain.com)

Cargo is shifting to East Coast ports but ships are still parked outside port limits waiting to berth for nearly 10 days. Shanghai to New York rates are still near $10K per box.   Demand is changing. A West Coast port strike is still a possibility until the PMA contract is signed.  EMTC follows Transportation issues.  Contact us if you have questions 

Supply-chain pressures—which drove inflation during the pandemic—are once again trying to tell us something (msn.com)

The New York Fed believes that supply chain pressures are easing. Maersk sees fourth quarter as the start to a return to "normalcy.  

As East Coast ports take more share of China trade, expect more bottlenecks for supply chain (msn.com)

The wait time in Savannah is 13 days. The wait time in Los Angeles is 6 days. China wait time is 1 day.   Automation is one of the sticking points in West Coast labor negotiations.