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News & Articles By Mary Villareal
11/03/2021
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By Mary Villareal
Supply chain execs predict chaotic holiday peak as crisis continue
Supply chain executives are bracing for a chaotic holiday peak as massive e-commerce volume becomes the new normal and persistent lack of truck drivers and other fulfillment workers continue to hurt the supply chain. Last year, the peak holiday season showed U.S. carriers posting similar or slightly better on-time delivery rates compared to the 2019 […]
11/03/2021
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By Mary Villareal
Oat prices reach record high amid droughts
Prices for oats and grains are up nearly 150 percent over the last year due to extremely dry weather in key growing regions. The drought was estimated to cut U.S. oat production by up to 40 percent, with the United States Department of Agriculture (USDA) saying this year’s oat crop was the smallest on record at only 40 million bushels. […]
11/03/2021
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By Mary Villareal
China faces gas shortage as Beijing seeks to conserve coal, diesel and other fossil fuels
Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to supply constraints. As the Chinese economy aggressively reopened following the Wuhan coronavirus (COVID-19) shutdowns, the supply of fossil fuels started to dwindle amidst […]
11/02/2021
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By Mary Villareal
Shipping rates continue to rise as holiday season nears
Shipping rates continue to rise with no signs of abating soon. While some indexes showed a slight pullback, the hope for any major decline in shipping costs has been pushed back to at least the Chinese New Year in February next year. The S&P Global Platts index for North Asia and West Coast rates was at […]
11/02/2021
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By Mary Villareal
US GDP gain slows down in third quarter as supply chain issues worsen
The United States economy grew at a two percent rate in the third quarter, the slowest since the end of the 2020 recession. This is largely due to supply chain issues marking deceleration in consumer spending that further stunted the expansion, according to the Department of Commerce. It was the slowest gross domestic product (GDP) gain […]
11/01/2021
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By Mary Villareal
Chinese gas stations ration diesel amid shortages, adding to supply chain crisis
Fuel retailers in China are now rationing diesel volumes to customers as the country intensifies its efforts to avert a supply crunch that is already affecting the coal and natural gas sectors. Long lines of vehicles are making their way to pump stations across Guangxi and Anhui provinces in east and southwest China, with truck […]
10/28/2021
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By Mary Villareal
Biden prioritizes gender-based issues over supply shortages and inflation
The White House recently released a fact sheet detailing the national strategy on gender equity and equality as part of its “Gender Strategy Report.” The document, which is part of President Joe Biden’s “Build Back Better” plan, is broken down into ten interconnected priorities. These areas of intersectional focus include economic security, gender-based violence, health, education, justice […]
10/25/2021
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By Mary Villareal
Gulf Coast ports see growth in September despite ongoing supply chain crisis
Cargo volumes continue to rise at ports along the Gulf Coast as Port Houston’s September container activity rises 11 percent compared to last year. This rise in cargo is ongoing while congestions continue at West Coast ports in Los Angeles and Long Beach. “We expect container as well as demand for steel to continue growing through the remainder of […]
10/25/2021
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By Mary Villareal
Biden considers activating National Guard to assist with worsening supply chain crisis
President Joe Biden has considered calling the assistance of the National Guard as the American economic infrastructure failed on a massive scale. Officials are now saying that things will get even worse in the months ahead. Biden recently gave a speech assuring Americans that he will implement measures to help soften the blow of the supply chain crisis. […]
10/22/2021
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By Mary Villareal
Shipping costs to the US surge as supply chain crisis continues to accelerate
The price to ship a container from Asia to California is now $17,000, far from its $3,800 price from a year ago. Rates are even steeper on the East Coast, where shipping rates reach up to $20,000 per container. This increase in shipping rates is primarily due to supply chain disruptions, which have created congestion in […]
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