| 24 May 2024, Friday |

White House aims to boost supply chain information sharing

The White House announced a new pilot program on Tuesday to help clear supply chain bottlenecks at congested U.S. ports by encouraging truckers, shippers, wholesalers, retailers, and other businesses to share data.

The Freight Logistics Optimization Works (FLOW) initiative was launched by US Transportation Secretary Pete Buttigieg and National Economic Council Director Brian Deese 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.

  • Reuters