US Steel sues Biden over blocked merger with Nippon

Nippon Steel and U.S. Steel filed a lawsuit Monday alleging President Joe Biden unlawfully blocked Nippon’s $14.9 billion purchase of the American steel maker.

Biden on Friday rejected Japan-based Nippon Steel’s takeover bid of the Pittsburgh-based steel manufacturer, citing national security concerns.

“As I have said many times, steel production — and the steel workers who produce it — are the backbone of our nation,” Biden said in a news release. “A strong domestically owned and operated steel...

https://www.freightwaves.com/news/us-steel-sues-biden-over-blocked-merger-with-nippon

Tariffs could reshape North American supply chains for autos, lumber, agrifoods

Automotive companies on both sides of the U.S.-Mexico border could feel the most pain if President-elect Donald Trump moves forward with his proposed 25% tariffs on all imports from Canada and Mexico once he takes office Jan. 20.

A 25% tariff imposed on parts and vehicles coming from Canada and Mexico to the U.S. would “break the entire system” of the North American automotive supply chain, said John Lash, group vice president of product strategy at e2open.

Austin, Texas-based e2open is a...

https://www.freightwaves.com/news/tariffs-could-reshape-north-american-supply-chains-for-autos-lumber-agrifoods

Toymaker talks bringing some manufacturing home

Viahart President Molson Hart said reshoring will allow his business to save money on shipping costs and avoid possible incoming duties or tariffs on toys in the latest episode of the Bring it Home podcast.

Bring It Home celebrates the North American manufacturing renaissance, reindustrialization and reshoring taking place across the continent. Its co-hosts are Craig Fuller, founder and CEO of Firecrown Media, and JP Hampstead, strategic analyst at Firecrown,

Viahart designs educational toys and...

https://www.freightwaves.com/news/toymaker-talks-bringing-some-manufacturing-home

Top 8 upgrades to SONAR in 2024

With 2024 drawing to a close, team leaders at SONAR discussed during a Thursday webinar the top enhancements made to the logistics data platform.

Kent Bakker, customer success team lead, Gabby Francisco, enterprise customer success manager, and Danielle Roberts, onboarding specialist team lead, talked about updates made to the platform this year to improve usability and get vital data into customers’ hands faster.

They also highlighted their top features added to SONAR in 2024.

1. A new and...

https://www.freightwaves.com/news/top-8-upgrades-to-sonar-in-2024

Fireside Chat: Use AI to tackle peak-season surges

This fireside chat recap is from FreightWaves’ Domestic Supply Chain Summit on Wednesday.

FIRESIDE CHAT TOPIC: Artificial intelligence in the supply chain.

DETAILS: Anoop Mohandas, product manager at Crowley Corp., explains how to integrate AI into your operations to ensure buy-in from management.

KEY QUOTES FROM ANOOP MOHANDAS:

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https://www.freightwaves.com/news/fireside-chat-use-ai-to-tackle-peak-season-surges

Trump’s tariffs could spark price hikes, supply chain disruptions, experts say

President-elect Donald Trump’s plan to hit imports from China, Canada and Mexico with tariffs could deal a blow to companies across North America and trigger negative consequences for the global supply chain, according to experts.

Trump said that on his first day back in office on Jan. 20, he will impose 25% tariffs on goods from Mexico and Canada. The tariffs are aimed at pressuring those countries to stop drugs and illegal migrants from crossing into the U.S., Trump posted on Truth Social on...

https://www.freightwaves.com/news/trumps-tariffs-could-spark-price-hikes-supply-chain-disruptions-experts-say

Descartes reports record results in fiscal Q3

Supply chain software provider Descartes said concerns over potential changes in trade policy are driving increased demand for its global trade intelligence offering.

“Every customer that moves multiple products to multiple countries is a potential target for this,” CEO Ed Ryan told analysts on a quarterly call Tuesday. He said companies need access to accurate trade and tariff rules to guarantee they are paying the correct rates. He described the changing landscape as a “massive opportunity.”

Des...

https://www.freightwaves.com/news/descartes-reports-record-results-in-fiscal-q3

GXO Logistics CEO Malcom Wilson to retire

GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021, GXO announced Tuesday.

Wilson informed GXO’s board of directors that he plans to retire in 2025 but will continue to lead the company during the search for his successor, according to a news release.

“My time at GXO has been the highlight of my three decades in logistics,” Wilson said in a statement. “We have an outstanding organization that embraces new technologies, keeping us at the forefront of the...

https://www.freightwaves.com/news/gxo-logistics-ceo-malcom-wilson-to-retire

How a moonshot is giving voice to truck parcels

Smart labels are one of those buzzy technology terms that have a lot of meanings. The ones logistics giant Kuehne+Nagel are rolling out with Chorus — one of Alphabet’s X moonshot factory entities — address questions some might not even think to ask.

More than RFID

It’s one thing to know through a radio frequency ID tag – wireless communication incorporating electromagnetic or electrostatic coupling – where a particular parcel is located and maybe even some details about its condition. But Swiss...

https://www.freightwaves.com/news/how-a-moonshot-is-giving-voice-to-truck-parcels

FedEx builds capacity in Latin America with new flight routes

FedEx Corp. (NYSE: FDX) is strengthening its air network in Latin America with two new flights linking markets in South and Central America with Miami, the company announced.

In a news release, the company stated that the flights will increase capabilities and improve connectivity for customers across the region.

“The launch of these new routes marks a significant milestone in the history and growth strategy of FedEx across the region,” said Luiz R. Vasconcelos, president of FedEx in Latin...

https://www.freightwaves.com/news/fedex-builds-capacity-in-latin-america-with-new-flight-routes