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Navy Awards Two Shipbuilding Contracts for New Submarines

Operations and Supply Chain Management

The multi-boat, multiyear awards are designed to lower production costs, with Virginia-class boats currently costing about $2.8 billion each, according to a recent report from the Congressional Research Service. That is close to the Navy’s long-term price target. They have delivered 10, with eight under construction.

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Trucking Market Update and 2020 Q1 Freight Outlook

Zipline Logistics

Loads on the spot market, in which retailers and manufacturers buy trucking capacity as they need it, rather than through a contract, have fallen by a chilling 62.6% (in 2019),” according to an article published by Business Insider. Trucking Insurance Costs on the Rise. That half-year closure figure outpaces the entirety of 2018.

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