Bill Currence, president and managing partner of Cornerstone Consulting Organization, tells of the difficulties that manufacturers are experiencing in attracting workers in the midst of the pandemic, and what the employment picture will look like when it’s over.
Dana Watts, counsel with Miller & Chevalier, explains the “first sale” rule for reducing U.S. importers’ duty levels, and discusses whether it remains a viable method for achieving that purpose.
“This is a very volatile environment right now, very low visibility, lots of surprise,” said Nestle Chief Executive Mark Schneider. “We will take pricing action.”
In less than a year, Kansas City Southern has transformed from an industry wallflower to the belle of the ball, getting courted by Canada’s two biggest railroads.
The globalization of supply chains, technological advancements that allow companies to replace labor, legal barriers to organizing and the shrinking share of factory workers — traditionally easier to organize — in the workforce have all taken a toll.
The auto industry, which has long relied on just-in-time manufacturing to reduce costs, is finding it has limited flexibility to deal with supply-chain disturbances wrought by the pandemic.
Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged through March, usually one of the slower months of the year for container volumes.