Jeff Berman

Nearly 40 Alternative Asset Managers Introduced New Strategies On The CAIS Alts Platform Over The Last 6 Months, It Says.

Supply chain news from the best source for the latest supply chain and transportation news at www.supplychain247.com.

Total July volume, at 1,680,569 units, posted a 5.3% annual gain, trailing June’s 11.6% increase and topping May’s 4.4% increase.

With a focus on helping to cover extra peak season handling costs, the United States Postal Service (USPS) said yesterday that it has filed notice with the Postal Regulatory Commission, including oversight of rates and services, and ensuring the Postal Service meets all of its legal requirements—in regards to a temporary price change for some package products for the 2026 peak season.

As was widely expected, following actions taken by the United States to implement additional 50% tariffs on certain Canadian goods “in response to Canada’s discriminatory treatment of American products,” under Section 338 of the Tariff Act of 1930, that went into effect on August 22, the Canadian government retaliated today, in the most recent sign of escalating trade tensions between the North American neighbors, with various tariffs on U.S. goods.

Truckload spot rates increased 32.4% annually, topping the first quarter’s 16.5% annual gain, for its highest annual and sequential increases, going back to the second quarter 2021.

The August LMI reading, at 66.6 (a reading above 50 indicates growth is occurring), expanded, at a slower rate, and was off 2.2% from July’s 68.9 and 4.4% below the recent four-year peak of 71.1, in June—which marked the first time the LMI topped the 70-mark since March 2022’s 76.2 reading. The report attributed the sequential LMI reading to declining Inventory Levels, which was also the case in its previous edition.

Flexport officials said that bringing international fulfillment services to these locales extends the company’s end-to-end logistics network into markets where its customers already sell.

The report’s benchmark reading, the PMI, came in at 54.6 (a reading above 50 indicates growth), trailing July’s 55.6, which marked the highest monthly tally going back to May 2022’s 55.9, by 1.0% and. ISM added that the overall economy grew, at a faster rate, for the 22nd consecutive month.

Pete Mento, Managing Director and Practice Leader for Global Trade Management at Baker Tilly provided LM with a detailed overview on this ANPRM and what it means for shippers.