Egg inflation soars to 8.5%, along with other breakfast foods
Citrus fruits, cereal, and baked goods paced alongside eggs - making breakfast a “treat” for most American families.
Ford’s electric pickup F-150 Lightning production has been paused
Long-awaited shipments of the F-150 Lightning have been halted abruptly as a potential problem with the vehicle’s battery pack has been identified.
Asia’s offshore wind farms are facing major challenges
A shortage of ships to transfer the massive wind turbines to their locations from shore to sea has been a pitfall of the continent’s green energy project.
To address driver shortage, companies should refocus on driver health
Improving truck driver health is a critical component in addressing the truck driver shortage and reducing turnover rates in the trucking industry.
Vegetables to lithium: More shortages… incoming!
The “supply chain challenges” may not be the excuse to use in 2023, but the availability of some key household items may be in short supply regardless.
EU’s Russian fuel ban may cause shortages during NY’s peak season
Seasonal gasoline stockpiles are already at a decade-low, and the ban on Russian fuel means that the East Coasts can’t rely on its backup supplies during the peak driving season over the summer.
Can supply chains solve labor shortage issues with digitization efforts?
Digitization can automate many of the manual processes that are currently done by customs and drayage workers.
The global chip shortage just keeps on keeping on
The global economy has been recovering from the impact of the COVID-19 pandemic, leading to an increase in demand for a wide range of consumer and industrial goods that require semiconductors, such as smartphones, laptops, automobiles, and factory automation equipment.
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.
