Tesla suffered a 65% valuation loss in 2022
Tesla, once seen as the “prized jewel” of electric vehicles, is now suffering from a plunge of 65% in stock value.
Manufacturing sector needs to change to attract Gen Z workers
Currently, the median age of workers in the manufacturing sector is 44 years old.
Supply chain workforce retention is based on hiring for careers, not just jobs
Supply chain workers are tired of jobs: they want careers, instead.
Inflationary pressures and logistical mishaps are making wine very expensive
It’s getting harder to find a good “two-buck chuck”.
Companies that go viral online are struggling with inflated demand
Brands such as Stanley insulated water tumblers and Charlotte Tilbury lipstick are scrambling to meet inflated demand as their products go viral on social media platforms, such as TikTok.
Amoxicillin shortage caused by growing demand worries parents across the US
Children’s cold and flu medicine is in short supply as the demand grows and the supply chain struggles to keep up.
Trucking recruitment normalizes after wild pandemic era
According to the American Trucking Association, the estimated professional driver shortage has decreased to 78,000 as of October as compared to the number of 80,000 in 2021.
China is calling out the U.S. to the WTO
China has filed an official complaint with the World Trade Organization over the United States’s export controls on the nation, designed to limit China’s ability to increase its domestic semiconductor manufacturing industry.
The EU is dealing with an antibiotic shortage
New healthcare supply-chain concerns are rapidly spreading across Europe, reporting shortages of amoxicillin, cephalosporins, and other regularly used antibiotics.
Russia and Latin America are developing a trade route for Ecuadorean bananas
Because of sweeping sanctions against Russia across Western Nations, Russian consumers are eager to get their hands on their favorite fruit at a cheaper price.
The Netherlands isn’t submitting to the United States’ chip industry interests
Dutch officials have refused the White House’s not-so-subtle attempts to curtail The Netherlands’ sale of chipmaking equipment to China.
Brazilian orange juice is the new gold after Hurricane Ian
The citrus groves of Florida were devastated by the storm and disease that ran rampant through the Sunshine State, leaving this year’s crop the lowest in 79 years.
Food disruptions over the holiday season can be navigated
Whether it’s a juicy turkey or a holiday ham, the family loves to sit down for a feast during the holidays.
Sony’s production of the PS5 console is back in action
The much-loved PS5 console has been in high demand and low supply since the pandemic struck.
Copper mined in Africa for electric vehicle batteries is in a traffic jam
You heard that right - the routes from copper mines in the Democratic Republic of Congo and Zambia to the ports on the coastline of the Indian Ocean face a 1,900-mile journey full of twists, turns, and major congestion.
Prepare for diesel shortages as winter approaches
The federal government is being asked to intervene in the growing diesel shortage problem.
Diesel reserves have officially reached their lowest levels since 2008
The Biden Administration is working to boost supplies after reports stated that reserves would run out in less than thirty days if they were not replenished.
Ukraine says Russia is not allowing full grain capacity
Ukraine has accused Russia of blocking seven vessels carrying grain from sailing to Asia and Europe, despite the Black Sea grain deal implemented by the United Nations.
Toyota predicts missing EV-target by end of the year due to semiconductor chip shortage
Toyota Motor Corporation had big goals to meet by the end of the year, but unfortunately, it’s looking bleak.
Vietnam’s coffee harvest booms: the world can expect some slightly less expensive morning espresso
The world’s largest grower of the robusta variety of coffee beans is in Vietnam, and they’re experiencing a large crop this season.
