Afternoon Coffee: US Imports More Foreign Goods in March, Rise in ‘Supply Chain Terrorism’ Leads to Cargo Theft

The US trade deficit grew 43.1% to $51.4 billion in March due to a surge in imports from foreign countries, a new government report shows. While imports were able to make it to the US at a quicker rate than in months past due to labor disputes at the West Coast ports, a rise in imports could actually be bad for the US economy.

Another report shows more than $23 billion was lost last year due to cargo theft. Supply chain terrorism seems to be on the rise, the report said, especially in the Americas.

The American Society of Transportation and Logistics will merge with APICS. In an announcement, APICS said the merger “will expand, extend and deepen the end-to-end supply chain body of knowledge that fuels APICS’s global supply chain research, education and certification programs.”

B2B platform provider Tradeshift announced Jigish Avalani will take over as its president and chief operating officer. Avalani formerly worked as SVP and general manager at Concur.

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