After almost three years of global supply chain issues, many supply chain managers still have a bleak outlook going into 2023 with most believing the supply chain will not be back to normal until at least 2024. One reason there is hope that supply chains will stabilize after this year is due to the introduction […]
Read MoreThe Easing of Global Supply Chain
Following the onset of the COVID-19 pandemic in early 2020, global supplies have experienced volatility in a manner that has never been seen before. Significant bottlenecks at major ports, persistent imbalances in inventory levels, and record high shipping costs contributed to soaring inflation and overall negative economic conditions around the world. While supply chain disruptions […]
Read MoreSeptember 2022: U.S Manufacturing Activity at Two-and-a-half year Low
The Institute of Supply Chain Management (ISM) recently released their September survey of Supply Chain Executives. The Report gives a reading of 50.9% in the month of September 2022, a 1.9% dip from August 2022. A reading of 50 separate expansion and contraction, and the September result was weaker than the median projection of 52 […]
Read MoreEuropean Energy Crisis Boosts the U.S.
The European energy crisis has pushed many companies that make steel, fertilizer, and other products to shift their output to the U.S., where energy prices are stable and the federal government provides incentives to expand, the Wall Street Journal reported. Chemical maker OCI has boosted their U.S. production, which this month said it would expand an ammonia […]
Read MoreU.S. Transportation Department grants $1.5B
The U.S. Transportation Department announced last week that it has approved $1.5 billion in grants to improve 26 projects on highways, multimodal freight, and rail operations across the United States. After last week’s labor dispute, which almost brought the nation to the brink of a potentially catastrophic railroad strike, the negotiators had to resolve countless […]
Read MoreHow a Diesel Exhaust Fluid (DEF) Shortage could Add to the Global Supply Chain Issues
Diesel Exhaust Fluid (DEF) is a little-known resource that plays a major role in our everyday lives. DEF is a farm-based product, urea, that was mandated for diesel vehicles in the US in 2010. It’s a product that helps reduce NOx and particulate matter. [1]So how does a DEF shortage play into bigger supply chain […]
Read MoreCalifornia Ports Implement New “Queue” System
The number of shipping containers awaiting outside the adjacent ports of Los Angeles and Long Beach are closing in on 100 reaching an all-time high. On Nov 16, the total number of shipping containers was 86, since then the number has increased to 96. The estimated wait time for these ships to dock is almost […]
Read MoreUntangling the Global Supply Chain
If you have followed the news, shopped online, or stepped foot into a brick-and-mortar store lately, you may have heard that we are in the midst of a global supply chain crisis. Our international commerce infrastructure has been resilient to discrete challenges in the past, but this time, there are several different issues feeding into […]
Read MoreFuel prices across the pond
We started to experience supply chain issues earlier in the pandemic related to shortages in semi-conductors and consumer packaged goods. Those persist, but now Europe is really starting to feel the pinch on shortages of energy and subsequently are paying for it.
Read MoreRetailers Get Creative as Holiday Season Approaches
As the holiday season approaches, retailers are scrambling to ensure their shelves are fully stocked and trying to overcome the numerous disruptions in the supply chain that they have faced since the beginning of the pandemic. Currently, more than sixty container ships carrying consumer product goods worth billions of dollars are stuck outside the Port […]
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