Shortages Not in Short Supply
From coal to computer chips, the world is facing mass shortages in every industry. The main culprit: an energy crisis faced overseas. As the demand for Chinese products grows, China faces challenges set by recent energy-saving regulations due impart to their consumption of fossil fuels to power factories. Bottlenecks in US ports are adding to […]
Supply Chain Getting Worse
Supply chain experts are describing what they call a “perfect storm” when it comes to the current state of supply chains everywhere: truck driver shortages, computer chip shortages, and raw material shortages in almost all industries; combined with a continuous increase in consumer demand, the only thing there seems to be no lack of are […]
Container Shipping Rates Soar, Cause for Concern for U.S. Exporters
Container shipping rates have increased over 500% when compared to a year ago. The rapid increase in Delta-variant Covid-19 outbreaks in several countries has slowed container turnaround rates significantly. With other natural occurrences, such as typhoons and hurricanes happening across the globe, it has only served to complicate supply chain operations further. “These factors have […]
