Due to the trade war, the U.S. labor market is tight and American manufacturers are seeking ways to lessen the impacts of trade tariffs on their businesses. Import levels are at an all-time low since May 2017, while both import and export levels are seeing slow growth. These levels have been directly affected by new tariffs.
Small and medium-sized manufacturers have been hit the hardest and are looking for ways to alleviate the trade tariff effects by finding new trading partners, routing and embedding parts overseas before shipping to the U.S., and increasing prices.
Read more information here.
20 years ago, ATTS Logistics began in a home office in Lake Zurich, IL, with Sharon, Greg, one employee, passion, and a successful future in sight. With our 20th anniversary today, ATTS Logistics would like to thank our customers, family, and friends for the support over the past two decades.
ATTS Logistics has been warehousing books and will provide transportation services for a book collection drive. The books will be sent to an impoverished community in Big Ugly, West Virginia. The drive's organizers, Shari and Vince Gullo, have collected 11,000+ books to donate this year. We are grateful to support such a charitable effort that will greatly affect the lives of our nation's children. You can read more information about the book drive here.
So, all in all, we want to say THANK YOU for believing in ATTS Logistics and our dream 20 years ago. We look forward to providing you with exceptional service for years to come.
The start of the trade war in 2018 will lead to casualties in the global economy come 2019. If the United States and China don't come to an agreement by the deadline on March 1st, tensions will continue to be high and world trade will be affected.
Read more details here: World economy is set to feel the delayed trade war pain in 2019, – Enda Curran and Katie Dmitrieva, American Journal of Transportation
A lawsuit has been filed against carrier YRC Worldwide by the U.S. government. The U.S. Department of Justice notes that "[YRC Freight Inc., Roadway Express Inc., and Yellow Transportation Inc.] systematically overcharged the government for freight carrier services and made false statements to the government that hid their misconduct" for shipments dating from September 2005 to October 2013 (U.S. Department of Justice, Office of Public Affairs, 2018).
YRC Worldwide is accused of overcharging the U.S. Department of Defense for heavier shipments versus the lighter accurate weights of the shipments. YRC is also alleged to have covered up their overcharging practices and failing to return money owed as credits.
Roadway Express Inc. and Yellow Transportation Inc. merged in 2009 to create YRC Inc., now known as YRC Freight Inc.
Read the full U.S. Department of Justice release here.
Tariffs Bite US Economy With Record Trade Gap, Cooler Orders – Jenny Leonard, Sarah Foster & Katia Dmitrieva, AJOT
According to the American Journal of Transportation, the trade gap for U.S. merchandise expanded to a record last month. Increases in imports surpassed exports, with the gap in goods trade rising from $75.5 billion to $76 billion.
Read the full article here: Tariffs Bite US Economy With Record Trade Gap, Cooler Orders – Jenny Leonard, Sarah Foster & Katia Dmitrieva, American Journal of Transportation
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