Prior to two years ago, the US economy was red hot. Bankruptcies were down as businesses enjoyed a period of prosperity. Then came the pandemic. “Several signs and indicators pointed to a downturn prior to the March  shutdown,” says Zachary Elrod, Sales Vice President at Allianz Trade North America—a trade credit
Food recalls are a serious matter for protecting public health and safety. When a recall is announced, shippers, carriers and logistics companies must work diligently to secure every lot of affected product. Steps must then be taken to ensure proper disposal once all recalled goods are reclaimed and accounted for. This process includes detailed
Food safety is one of the chief concerns for transportation carriers operating in the US today. Increased government regulation and new policies from major retailers have brought safe food handling practices to the forefront, especially within the past decade. For most large carriers, adapting to these new demands was a simple prospect.
With all the economic challenges of the recent months and years, forecasting a transport budget is perhaps more difficult than ever. Strategically aligning freight expense for next year with the many factors known today presents a unique challenge for many reasons.Availability of labor and the supplies necessary for production are among the most crucial
In the face of unprecedented economic shutdowns brought on by the pandemic, the US government rolled out a series of fiscal stimulus packages totaling 5 trillion dollars. Loose monetary policy from The Federal Reserve also helped the economy turn the corner toward recovery in the third quarter of 2020. These factors combined