For two decades U.S. presidents have consistently shared views on the need for a "level playing field." President Bill Clinton in 1992, President George W. Bush in 2008, and, most recently, President Obama in this year's State of the Union: "Our workers are the most productive on Earth, and if the playing field is level, I promise you"”America will always win." Despite that shared rhetoric, the weakness of the U.S. economy over the past few years has helped obscure the Obama administration's disappointing record on trade.
Here are five more predictions for 2013 and beyond, from a panel of five well-informed (and well-fed) Silicon Valley business executives. (See my previous post for the first five.) Assembled in Santa Clara, Calif., by the San Francisco Roundtable of the Council of Supply Chain Management Professionals, these individuals took part in the group's fourth annual effort to answer that age-old question: What does the future hold for supply-chain management?
A potential labor strike by longshoremen along the U.S. East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion, rerouting, hoarding, and price speculation ripple through supply chains of global companies, according to a report from the Marsh research firm.
Import cargo volume at the nation's major retail container ports is expected to increase 3.9 percent in December despite a strike that closed the nation's largest port complex for the first few days of the month, but retailers are keeping a close watch on a possible strike on the East Coast and Gulf Coast, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.