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According to Abe Eshkenazi, CEO of the Association for Supply Chain Management, a prolonged stoppage could mean months of backlog and congestion across the supply chain, driving up prices and ...
In an update published Monday, Maersk said the disruption would likely lead to delays in cargo movement, increased costs and logistical challenges for firms relying on U.S. East Coast and Gulf ...
These disruptions cascaded into the global shipping industry where ports like the Port of Los Angeles, a major hub for imports from Asia, are unable to clear their shipyards in a timely fashion, further exacerbating the supply chain crisis. This has led to suggestions that stockpiles and diversification of suppliers should be more heavily focused.
America’s most popular fruit might be taking a temporary leave of absence from some grocery store shelves. The first East Coast port strike since 1977 shut down 36 ports from Maine to Texas on ...
Supply chain disruptions have always been a part of global trade. However, a new report from HSBC highlights how companies in the current market are increasingly exposed to unexpected global events.
Economists, retailers and others have been warning for months that supply-chain bottlenecks, which largely have resulted from pandemic manufacturing shutdowns and shipping disruptions, could make ...
The disruption rekindled memories of the pandemic, when the global supply chain was upended, prompting consumers to hoard toilet paper in particular. But some Shore consumers said it was too soon ...
Supply-chain disruptions during the pandemic also highlighted the need for more diversification. Then Biden retained Trump's China tariffs, imposed curbs on U.S. investment in China, and ...
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