The majority of U.S. pandemic-era inflation came from a surge in demand, but supply chain constraints stoked it further, Federal Reserve Bank of New York research shows.
The U.K. imported no fuel from Russia in June for the first time on record, with fuel imports falling by £499 million — or 100% — compared with the average for the previous 12 months to February.
Apple is preparing to manufacture its new iPhone in India months earlier than it did previous models, because it wants to boost production outside China amid growing global tensions and supply chain disruptions in the country.
Average container prices halved from August 2021; leasing rates declined by 17% from June to July this year. Further, China to Canada one-way leasing rates decline at the highest rate by 49 per cent as compared to China to any other country.
Europe’s energy crisis is unleashing a global battle over liquefied natural-gas (LNG) tankers, with rates to charter the specialized ships jumping to record highs.
Water levels in the upper stretches of the Yangtze — a crucial source of hydro-power, transport and water for crops — are at the lowest level since records began.
It takes solid partnerships to weather crises — or, for that matter, the day-to-day business of supply chain management. In this latest edition of our annual roster of 100 Great Supply Chain Partners, we present instances of true collaboration in the face of enormous challenges.
Harsh weather patterns soon may be reaching into apparel supply chains. Southwestern cotton growers are abandoning millions of parched acres that they planted in the spring, reports The Wall Street Journal, sending prices sharply higher on forecasts for the weakest U.S. harvest in more than a decade.
President Biden signed into law Aug. 9 the bipartisan CHIPS and Science Act of 2022, as part of an industrial strategy to revitalize domestic manufacturing, create good-paying American jobs, strengthen American supply chains, and accelerate the industries of the future.