Transportation TIP List: Week of July 23rd, 2017
Vice President Mike Pence recently told American retailers that “as retail goes, so goes America.” This week’s TIP List is also charging ahead with the latest legislation trends impacting the transportation industry. We’re looking forward with the future of the ELD mandate, the possible outcomes of NAFTA renegotiations and potential tax cuts for retailers. Find out what the industry could look like down the road by jumping ahead to the articles below!
- “As Retail Goes, So Goes America,” VP Pence Tells a Room Full of Retailers: Vice President Mike Pence recently commented that, “The best days for American retailers are ahead,” to more than 200 retail representatives from across the country, including small-business retailers, national executives and state officials at the Retail Advocates Summit in Washington, D.C.
- U.S. House Committee Takes Aim at ELD Mandate: A recent transportation spending bill approved by a U.S. House committee is creating uncertainty about the future of the ELD mandate for truck drivers, raising questions about whether the mandate will be delayed or even overturned.
- U.S. Makes Lowering the Trade Deficit a Top Priority in NAFTA Talks: The U.S. recently launched the first salvo in the renegotiation of the 23-year-old NAFTA agreement, saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico.
- Shippers Reluctant to Shift Freight Away from Trucks, but Intermodal Demand Could Rise: Fewer shippers moved their freight from truckload to intermodal in the second quarter as the difference in price between the services narrowed, but a shift could occur with the December ELD mandate.
- Digitalization Boosts Demand for Supply Chain Software: If big numbers impress you, try the number $13 billion on for size. That’s how big analyst firm Gartner says the supply chain management market will be by the end of 2017, a gain of 11% from 2016.
Are any upcoming pieces of legislation having an impact on your supply chain operations?