The Newest Way to Measure Supply Pressure

There is a new way to measure supply chain issues that are partially to blame for consumer price inflation: The Global Supply Chain Pressure Index (GSCPI). Researchers at the New York Federal Reserve invented this new calculation system using over 25 indicators, including, though not limited to, the Baltic Dry Index (BDI) and Harpex index. […]

Proposals to Update Shipping Act

Congressmen John Garamendi and Dusty Johnson introduced legislation on August 11th, 2021, in the House of Representatives that would reform the Shipping Act. Shippers and U.S. exporters, specifically, called for the legislation to be reviewed and updated to help protect them from fees and to help ensure capacity. Federal Maritime Commission Chairman Daniel Maffei, a […]