Abstract
In this critical analysis, the focus is on the nation's maritime port operations and international mode of transportation for Fixing America's Surface Transportation (FAST) Act of 2015 surrounding port distribution and logistics. The FAST Act requires the Bureau of Transportation and Statistics to report statistical data highlighting the challenges in global product distribution within infrastructure and value-added systems in logistics and supply chain management. The transportation costs estimate costs accounted for approximately 50% of the total logistics costs for businesses. Furthermore, fluctuations in fuel prices and increased demands for e-commerce shipping further emphasized the significance of cost challenges in global distribution. These disruptions underscored the complexity of managing a global network of suppliers, distributors, and customers. In this study, the researchers analyze 76% of companies still struggling with forecasting accuracy along with ongoing challenges in inventory management due to fluctuating consumer demand.
Published Version
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