Inc. Names MVP Logistics as a 2024 Power Partner Award Winner
The annual list recognizes the country’s leading B2B companies that have proven track records of supporting entrepreneurs and helping companies grow Plymouth, MN – October 22, 2024 – Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, today announced its third annual Power Partner Awards. The prestigious list […]
Unsettled Waters Near The Suez Canal: How the Israel-Hamas Conflict Could Affect Global Logistics
Geopolitical strife can profoundly impact the global supply chain. Our visual guide explores the potential ramifications of heightened tensions between Israel and Hamas on two vital conduits of international commerce – the Suez Canal and the Strait of Hormuz. This illustrative resource seeks to illuminate how political instability in the Middle East might lead to […]
Panama Canal Drought: Protecting Supply Chains
Worsening Panama Canal drought conditions are adversely affecting businesses all around the world. Significantly lower-than-usual water levels at this critical maritime passage have directly impacted supply chains and world trade. As fewer ships carry less cargo through the canal, stakeholders must change their shipping methods. Continue reading to learn about the effects of the drought […]
Impending UAW Strike and Potential Impacts
What is the Goal of the UAW’s Stand-Up Strike The United Auto Workers (UAW) have taken a stance against Ford, GM, and Stellantis, collectively known as the Big Three. They have created a movement called “Stand Up Strike.” Harnessing the power of unity, the Stand-Up Strike strategy empowers individuals to create a monumental force. Rather […]
YRC Freight Bankruptcy Impact and Navigating the Fallout
The bankruptcy of Yellow Corporation on August 6, 2023 has had a significant impact on the industry, causing complications and expenses for various companies. The shipping industry is evolving faster than ever, which means companies of all types are looking to adapt and discover new solutions to their unique needs. Let’s explore how Yellow Corporation’s […]
MVP Logistics Ranks No. 4,918 on the 2023 Inc. 5000
With Three-Year Revenue Growth of 77 Percent, MVP Logistics Ranks No. 4,918 Among America’s Fastest-Growing Private Companies NEW YORK, August 15, 2023 – Inc. revealed today that MVP Logistics ranks No. 4,918 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at […]
The MVP Tea – Supply Chain News – December 10, 2021
This week on the latest news in the supply chain from MVP Logistics. The latest port congestion information for the cargo vessels at the Port of Los Angeles, the Port of Long Beach, and the Port of New York. Updates on the latest numbers for shipping containers at the Port of Los Angeles. Did you […]
Small Business: Hard To Sell and Harder To Survive
A recent post on Reddit titled “The Supply Chain Keeps Getting Worse” discusses the harsh reality that many small business owners are facing in today’s manufacturing climate – you can’t sell your way out of this. One respondent stated, “it’s change or die.” This is a sentiment echoed by many other posts on the subreddit […]
Retailers Face Empty Shelves as the Supply Chain Weakens
With the retail supply chain under pressure, retailers are starting to feel the pinch. The logistics field is about to be hit with a new set of challenges as shelves go empty across the country. The root cause of this problem is not panic buying, but rather much deeper-rooted problems that have been lingering since […]
Rent & Container Price Surge
“Warehouse Rents Surge on Bidding Wars for Scarce Space” As corporations compete for scarce distribution space to meet rising e-commerce demand, the warehouse market in the United States is starting to resemble the hot housing market. As merchants and logistics providers scramble to relocate goods closer to population centers, industrial rents are rising, with some […]
Robot Employees, Nearshoring, and Supply Chain Bullwhip
“Commentary: Caution—Bullwhip Effect Ahead” Even as the Covid-19 pandemic eases in most of the developed world, current evidence reveals that many firms are about to be knocked off their feet once more. As the pandemic’s rippling effects disturbed established supply-and-demand patterns around the world, uncertainty about demand estimates needed to drive supply-chain choices grew significantly […]
Worst Quarter in U.S. History, Another Cyberattack, Sustainable Ecommerce
“Global supply chains have never been this clogged” A year after the worst quarter in U.S. history the economy is rebounding a pace that cannot keep up with supply. The manufacturing sector continues to grow despite global supply constraints that have been holding it back. Record-long lead times, rising prices, supply and worker shortages continue […]
Autonomous Trucking, Carrier Relationships, Food Sector Bullwhip
“FMCSA AUTOMATED TRUCKS PROJECT HEADED TO WHITE HOUSE” The FMCSA announced they will begin surveys and efforts to explore automated driving systems in the trucking sector. However, the feedback the FMCSA received opposed the project mentioning it could cause a loss of truck driving jobs. “RELATIONSHIPS KEY TO NAVIGATING CAPACITY CRUNCH” With the reopening […]
EMPTY CONTAINERS, DRIVER SHORTAGE, HESITANCY TO ADD CAPACITY
“Truckers Expect U.S. Transport Capacity Crunch to Persist” Trucking capacity is expected to remain tight throughout the rest of the year and high shipping costs are expected to follow. There are not enough trucks or drivers to keep up with demand and efforts such as raising driver pay have not been sufficient in catching up […]
Record High Demand, Capacity and Container Spot Rates
“Flexport: Trans-Pacific deteriorating, brace for shipping ‘tsunami” Even with the number of container ships down from a few months ago the demand and capacity issues are predicted to get worse. The backlog that is piling up in Asia will make it extremely difficult in the coming months to secure a spot on a ship. Spot […]