Search results
Results from the WOW.Com Content Network
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.
A shortage of rail workers is causing cargo to pile up once again in America's ports. Carter Evans reports from the port of Los Angeles, a key link in the U.S. supply chain."
However, recent regulation and crises—the "chip shortage," the U.S. ban on Xinjiang cotton, and the crackdown on Scope 3 emissions, to name a few—are compelling more industries to finally map ...
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 ...
Feeding America stated that the estimated number of food-insecure kids could jump from 11 million to an estimated 18 million. Additionally, many children in the U.S. rely on free meals for sustenance. While food banks and pantries amped up services, the temporary disruption in these services could have devastating long-term consequences.
The United States Chamber of Commerce insisted that Biden take action to stop the strike, recalling the negative impact supply chain delays and shortages caused to the economy during the COVID-19 pandemic early in Biden's presidency. [8] Republican lawmakers and business groups urged Biden to apply the 1947 Taft-Hartley Act to end the strike.
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.
As Indonesia is the largest producer of palm oil, and with a harvest decline in the second largest producer and neighbor Malaysia, the ban has caused severe global supply chain disruptions and further exacerbated the price increases caused by the loss of Russian and Ukrainian oil exports and failures of soy crops in South America. [85]