White House Aims to Boost Supply Chain Information Sharing

[Sherman A1]

The White House on Tuesday unveiled a new pilot effort to help clear supply chain bottlenecks at congested U.S. ports by getting truckers, shippers, wholesalers, retailers and other businesses to share information.

U.S. Transportation Secretary Pete Buttigieg and National Economic Council Director Brian Deese launched the Freight Logistics Optimization Works (FLOW), an information sharing initiative "to pilot key freight information exchange between parts of the goods movement supply chain."

The White House said "the lack of digital infrastructure and transparency makes our supply chains brittle and unable to adapt when faced with a shock" and said it was crucial to improve information sharing because a "lack of information exchange can cause delays as cargo moves from one part of the supply chain to another, driving up costs and increasing goods movement fragility."

The effort includes 18 initial participants including FedEx, UPS, Albertsons, Target as well as the Ports of Long Beach and Los Angeles and Georgia Ports Authority and Ocean Carriers CMA CGM and MSC and Fenix Marine Terminal and Global Container Terminals.

https://www.marinelink.com/news/white-house-aims-boost-supply-chain-495040

[Budi]

1. Bright step into the future, Mr Pete!

THANK YOU, U.S. Transportation Secretary Pete Buttigieg and National Economic Council Director Brian Deese