The hit from China’s energy crunch is starting to ripple throughout the globe, hurting everyone from Toyota Motor Corp. to Australian sheep farmers and makers of cardboard boxes.
The gridlock of container ships outside the Ports of Los Angeles and Long Beach may have been the cause of a major oil spill off the coast of California, according to authorities.
Faced with a supply-chain squeeze that’s increased prices across the economy, the U.K. government is seeking to recast the crisis as a good news story for British workers.
Paul DeCotis, senior partner in the energy and utilities practice of West Monroe, says the money set aside by the infrastructure bill for electric vehicle development will have a huge impact on the future of that technology.
Prime Minister Boris Johnson said he won’t fall back on immigration to solve the U.K.’s truck driver shortage, as he presented supply chain troubles that have left supermarket shelves bare and gas stations dry as a “period of adjustment” in the wake of Brexit and the pandemic.
The world’s electric grids are creaking under the pressure of volatile fossil-fuel prices and the imperative of weaning the world off polluting energy sources. A solution may be at hand, thanks to an innovative battery that’s a cheaper alternative to lithium-ion technology.
China’s current energy crisis can be traced back in part to a legal amendment targeting miners that garnered little notice when it went into effect in March.
China’s energy crisis is shaping up as the latest shock to global supply chains as factories in the world’s biggest exporter are forced to conserve energy by curbing production.
The U.K. wants to issue visas for truckers to ease a shortage that’s led to gasoline stations running dry and hit food supply chains. The hard part could be persuading drivers from eastern Europe, the biggest pool of labor in recent years, to come back.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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