Road, rail, and port projects may have to be scaled back or postponed as a result of growing inflation's impact on the purchasing power of the $1.2 trillion infrastructure bill passed last year. The Infrastructure Investment and Jobs Act (IIJA), dubbed a "once-in-a-generation" funding bill by President Joe Biden, allocates...
How much money did the Biden administration provide states to minimize truck accidents?
The Biden administration recently announced a record $463.5 million in awards for Motor Carrier Safety Assistance Program (MCSAP) funds sponsored by the Federal Motor Carrier Safety Administration to assist avoid truck accidents in 2022. The funding level represents a 52% increase over 2021, and it comes at a time when...
Borderlands: Cross-border prospects abound for Latin American e-commerce SMBs.
Cross-border prospects abound for Latin American e-commerce SMBs. As consumers continue to purchase more goods and services online, cross-border shippers of all sizes have an opportunity to profit from the continued e-commerce rush. According to Eduardo Lopez-Soriano, marketing vice president at UPS Capital, the financial services branch of UPS, small...