Biden-Harris Administration Announces New Milestone in First-of-its-Kind Supply Chain Initiative
Recent analysis shows that supply chain improvements and reduced shipping costs have resulted in more than 80 percent of reduction in inflation in the U.S. economy
WASHINGTON – On the second anniversary of the launch of the Freight Logistics Optimizations Works (FLOW) initiative, the U.S. Department of Transportation (DOT) today announced that the FLOW platform has begun to publish data on inland freight hubs, including rail terminal and warehouse end destination data, that will enable FLOW members to have an enhanced view of future container import volumes and traffic. This data will help inform capacity decisions and avoid supply chain challenges, such as delays, for FLOW participants that will ultimately help lower costs for consumers. FLOW is a first-of-its-kind private-public partnership created and led by DOT that creates a more complete, shared picture of the U.S. supply chain for members, which include the nation’s busiest container ports, major ocean carriers, and some of the largest retail importers.
