⁠Air Canada flight attendant strike caused significant disruption to cargo transport⁠. A tentative agreement was reached, allowing operations to gradually resume after a three-day stoppage. Air Canada's six Boeing 767 freighters maintained a modified schedule during the strike, providing vital continuity for cargo.

The US imposed new reciprocal tariffs on over 90 trading partners, including a ⁠new 20% tariff on imports from Taiwan⁠ effective August 7th. In response, Foxconn plans new tech parks in the US and Mexico, a strategic pivot aimed at helping Taiwanese companies circumvent these tariffs and accelerate regionalized manufacturing.

The ⁠bipartisan Secure Trade Act proposes a 10% baseline tariff on all imports and significantly higher tariffs on goods from China⁠. This legislation aims to reshore manufacturing, reduce reliance on China, and strengthen the Committee on Foreign Investment's power to block foreign investments from "countries of concern".

Shippers are adapting by moving from "just-in-time" to ⁠"just-in-case" inventory strategies⁠. This involves consolidating shipments and building buffers to manage increased volatility, with a notable 32.2% surge in units shipped in March despite dropping order counts.

⁠Truckstop.com acquired Denim⁠, a financial technology company specializing in automated invoicing and factoring. This acquisition leverages AI to automate 75% of payments in under a minute, improving cash flow and operational efficiency for carriers and brokers.

Learn more about your ad choices. Visit megaphone.fm/adchoices