Haslam College of Business - In The News

Tennessee supply chain professor breaks down price impacts of Iran war

Brooks is concerned, and so is University of Tennessee Associate Professor of Supply Chain Management Alex Scott. “The vast majority of the stuff we consume come from trucks,” said Scott. “And the second biggest cost of a truck behind the driver w...

What to know about the Strait of Hormuz, a key passageway essential for global energy supply

Global shippers have issued service alerts saying they have suspended operations in the area. Danish shipping company Maersk, the world’s biggest shipping company, said Sunday it is suspending all vessel crossings in the Strait of Hormuz until furthe...

TVA eliminates top executive position. Experts say turnover could be good

There can be functional and dysfunctional turnover, said Timothy Munyon, professor and head of the management department at the University of Tennessee in Knoxville. Functional turnover allows organizations to pursue new strategies, while dysfunction...

All about the Strait of Hormuz and what’s at stake if the key global oil supply route is disrupted by wa

Global shippers have issued service alerts saying they have suspended operations in the area. Danish shipping company Maersk, the world's biggest shipping company, said Sunday it is suspending all vessel crossings in the Strait of Hormuz until furthe...

How the Iranian conflict could push gas prices up

"If it's going to be a long, sustained conflict, then probably people are going to feel that kind of pain,” explained Michael Kofoed, assistant economics professor at the University of Tennessee at Knoxville. Prior to moving to the University of T...

East Tennessean caught in the Israel-Iran conflict overseas

Global markets are reacting to the joint United States-Israeli war with Iran, along with growing concern about what comes next for the economic markets in the U.S. Thomas Goldsby, a University of Tennessee supply chain management professor, says ...

How ‘chameleon carrier’ truckers exploit laws, new tech, to get paid and vanish

“Chameleon carrier is when a trucking company, typically a small trucking company, closes down and then opens up as a new one under some other name and perhaps some other owner, obviously, often related to the owner of the original company,” Alex Sco...

How have tariffs impacted FedEx?

Throughout the past year, FedEx had to pay tariffs at ports of entry. The company also lost shipping opportunities across the world. When does that impact the bottom line? "FedEx (will) have to lay off workers,” explained Michael Kofoed, ass...

UT Haslam MBA Rises in Ranks, Spotlighting Public Program Excellence

This focus on post-graduation success aligns directly with Haslam’s stated mission. Mary Goss, the college's executive director of graduate business programs, called the ranking a testament to the quality of the overall student experience. "Drawing o...

Most counties in Tennessee have seen job loss since the COVID-19 pandemic

The University of Tennessee Boyd Center for Business and Economic Research has submitted their economic report to Gov. Bill Lee for 2026 — and they found job losses have increased since 2019. The report found that since 2019, about a third of Tenn...

Supreme Court tariff ruling leaves Knoxville businesses waiting for answers

Michael Kofoed, assistant professor of economics at the University of Tennessee, said the ruling creates new questions about how collected tariff revenue will be handled. “Usually what happens is, I as the company, either have to pay the tariff to...

Could Tennessee residents be owed tariff refunds after Supreme Court ruling?

The Boyd Center for Business and Economic Research at the University of Tennessee, Knoxville, highlighted the shift in momentum toward President Donald Trump’s trade policy. In total, the state’s inflation-adjusted gross domestic product, also kno...

How will tariff ruling impact the Mid-South?

This time, the U.S. Supreme Court ruled most of the president's tariffs are unconstitutional. President Donald Trump used emergency powers to put them in place. "But that emergency must be very specific,” explained Michael Kofoed, assistant eco...

East TN economics professor ‘cautiously optimistic’ as January jobs report released

UT Assistant Professor Michael Kofoed spoke to 6 News about the economic challenges and opportunities in East Tennessee. After months of negative job growth, Kofoed said he is cautiously optimistic about January’s job report. “Social services make...

New report says TWRA turns conservation into cash for Tennessee communities

This week, the Tennessee Wildlife Resources Agency (TWRA) released “The Economic Impact of TWRA Operations and Outdoor Recreation” report, prepared by the Boyd Center for Business and Economic Research at the University of Tennessee. TWRA officials s...

Tennessee students get the chance of a lifetime at the Super Bowl

“It is about game day, and we’re all excited about game day," UT professor and program coordinator Debbie Mackey said. "But it’s also some community service, networking − just all kinds of opportunities for the students to participate in before the b...