If you have shopped recently then you have probably been shocked at the prices at the grocery store. In 2022, they have risen over 13 percent. Many things have led to the increase such as climate change, Covid-19, and livestock problems. Food companies are also taking advantage of the situation to increase prices which renders […]
Almost a third of logistics managers have shown concern over the return of trade to the West Coast after a labor deal is reached between the Warehouse Union and the International Longshore. In a CNBC report, they found that 18% of respondents were willing to only bring back 10% of diverted trade. An additional 12% […]
The US appears to finally be reining in the supply chain. Costs have started to fall which has brought a much-appreciated easing of inflation. After two years of rising costs post-Covid-19, the supply chain has encountered numerous problems. The high logistics costs were passed on to consumers, which quickly ran up prices to often unaffordable […]
Yes, many point to signs that the supply chain is showing improvement, but many warn that we might have to wait longer for any real or permanent change to take place. For two years, experts have been saying that we must show patience when it comes to supply chain problems, everything in business comes in […]
The top supply chain advisor to President Joe Biden has left the Whitehouse. Many say that the departure is occurring as the supply chain distribution problems appear to be easing substantially. The deputy director of the National Economic Council and deputy assistant to the president Sameera Fazili left on Friday. She had been tasked with […]
The Ukraine War, China lockdowns, and the COVID-19 pandemic all drove prices high due to supply chain woes. However, things have started to subside with global trade. Many seethat ocean shipping is no longer in crisis mode. Shipping backlogs have finallystarted to ease. In Germany, the shipping industry again seems to be under control and […]
Many believe that Apple is going to take its manufacturing out of China and move production to India and Vietnam while sourcing its chips from Arizona. The tech giant is a well-known trendsetter when it comes to fueling changes in the supply chain. If they should move their production then other companies are sure to […]
Around the globe, ships transport 80 percent of all goods. In some developing countries that percentage is even higher. There is a scramble to bolster anything that might impact the transport of goods and disrupt the supply chain such as fuel and inflation. The impacts are felt around the world. Carbon emissions due to the […]
81 COVID exclusions, that include medical care products, to the Section 301 Trade investigation were set to expire on November 30, 2022. The Office of the US Trade Representative announced that those exclusions will be extended by three months, through February 28, 2023. The exclusion extensions are available for any product that meets the specified […]
Many supply chain logistics experts believe that retailers will experience a decline this holiday season. Fall and winter items are not arriving on time to meet the demands this holiday season and into 2023. Ocean shipping brokerage companies have started to experience a 20% decline in their ocean freight orders due to an oversupply of […]
