marketcrash
bitcoincrash
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nationaldebt
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debtcollapse
cargo
02/10/2023
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By Ethan Huff
Cargo thefts spiked 15% in 2022 across US and Canada as organized crime rings targeted supply chain
The latest data from CargoNet shows that cargo thefts increased substantially in 2022 – and especially towards the end of the year – as global supply chains falter. The Verisk Analytics-owned firm, which tracks voluntarily reported cargo thefts, reported 1,778 “supply chain risk incidents” in Canada and the United States in 2022. This is up […]
06/14/2022
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By Ethan Huff
Demand for imports plummeting as global economic house of cards implodes
Just a few months ago, consumer demand was through the roof and shipping containers were having a difficult time reaching some ports and offloading their goods due to residual Wuhan coronavirus (Covid-19) restrictions. Now, the opposite situation is unfolding as nobody wants to buy much of anything anymore. Chalk it up to inflation perhaps, but […]
04/01/2022
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By Arsenio Toledo
IMF WARNS: Rising shipping costs are affecting inflation, raising prices of everyday goods
The International Monetary Fund (IMF) is predicting that the effects of the two-year-long global supply chain crisis will worsen again in April, as rising shipping costs threaten to slow economic growth and worsen inflation. According to an article posted on the IMF’s website on March 28, the organization outlined how the economic restrictions imposed upon the world […]
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. […]
10/05/2021
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By Mary Villareal
Supply chain crisis could push global economic recovery off course
A supply crunch for non-essential items is creating a full-blown crisis as it leads to shortages in energy, labor and transport in various parts of the globe. All these problems are parts of the rising post-pandemic consumer demands that could push the global economic recovery off course. Mohamed El-Erian, insurance giant Allianz’s adviser and president of […]
10/04/2021
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By JD Heyes
We warned of a global supply chain disruption, and now it’s here: Workers who keep things moving are now sounding the alarm that a “systemic collapse” is too close for comfort
For the past several months, we have been reporting on the steadily collapsing global supply chain, initially brought about by the shuttering of entire economies due to the COVID-19 pandemic. What happened over the course of months after the pandemic was declared in the spring of 2020 was unprecedented, which is why no one but the […]
08/11/2021
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By JD Heyes
COVID-era freight demand has NOT surged at all, so why all the congestion, delays and shocking freight price increases?
The global economy is all out of whack thanks to a year’s worth of COVID-related lockdowns which led to hundreds of millions of people being thrown out of work, factories and warehouses to close, and other businesses to dramatically slow down. Now that countries including the United States have been reopening for months, one might think […]
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