The U.S. economy in 2023 will start with weak demand met with mostly adequate inventories. Shippers can expect sufficient freight capacity and lower rates as well as improved distribution center and warehousing availability.
Read moreJust-in-time supply chains took a lot of heat during the pandemic after empty shelves laid bare the pitfalls of ordering as little inventory as possible in the name of efficiency. Supply chain pros say the lean operating model may need to make a comeback.
Read moreDoes your organization have relevant news or interesting stories to share with the association’s members? We encourage you to send relevant article ideas, member profiles, press releases and industry trade publication coverage for potential inclusion in an upcoming edition of the Shortliner.
Read moreHarvest progress is up, but river levels are down. South of St. Louis, parts of the Mississippi River are so low from weeks of drought that barge traffic is being limited.
Read moreUS rail and port labor issues adding to supply chain chaos.
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Walkouts at U.K. ports, last-minute negotiations for U.S. railroads are among a growing series of conflicts involving workers critical to trade.
Read moreIf labor talks fail, a strike of rail workers would add another supply-chain disruption.
Read moreJoin us for a webcast looking at your business through the lens of a strategic procurement professional. The webinar will provide education, tips, and generate thought provoking ideas to navigate through these turbulent times within supply chain.
Read moreEric Raby, senior vice president of CLAAS of Americas, joined RealAgriculture’s Kelvin Heppner at Ag in Motion to discuss where CLAAS is at when it comes to supply chain issues.
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Lower prices will likely take months to flow through supply chains, since many manufacturers purchase steel through fixed-price contracts.
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Trucking companies are projecting double-digit growth in contract rates for 2022.
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Voracious demand for imported goods by U.S. consumers has pushed up rates for freight being shipped across the Pacific from Asia to the U.S., making that trip far more lucrative than the journey from the U.S. to Asia.
Read moreThe district shut down is one of six below Ningbo, which has one of the world’s largest ports, raising concerns the already stressed supply chain may face more trouble.
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The analyst said that significant levels of pre-orders from retailers and construction of new container ships will ease pressures on the supply chain.
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Crane operators who belong to a powerful union and earn up to $250,000 a year are worsening the supply chain crisis by goofing off on the job, frustrated truckers told reporters.
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“It’s the perfect storm of Tylenol moments,” said AGCO’s Greg Toornman. “It’s one headache after another.”
Read moreThe shutdowns in Europe will not exceed eight days and will conclude by month’s end.
Read moreAn analysis shows that the amount of additional capacity required to meet demand is being outstripped by the amount of capacity being held up out of service as it awaits berthing slots.
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Companies increasingly are seeking to add provisions to contracts that cover the impact of pandemics or epidemics and accelerating inflation.
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“We have seen this transition from just-in-time in supply chains to just-in-case, and that is significantly changing our environment,” said Griff Lynch with Georgia Ports Authority.
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Businesses are paying at least four times more to move their products than they were last year and face longer delivery times. Contributing to the problem is that the top six container operators control more than 70 percent of all container capacity.
Read moreGlobally, 376 container ships carrying are piled up near ports, according to figures compiled Thursday. The longest wait at that time was 15 days in queue.
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LTL traffic will see a continued capacity crunch and possible rate increases, the report forecasts.
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Ports contending with record-high volumes are causing delays, and those delays are contributing to ocean freight rates that have quadrupled.
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The task force will address the bottlenecks in the agriculture, construction, transportation and semiconductor sectors.
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“We can sell everything we have,” said Brad Serlin, president of United Scrap Metal Inc. “Steel mills that were out of the market all of a sudden are doing big orders.”
Read moreManaging these vulnerabilities requires companies to collaborate with key supply-chain partners in ways such as jointly assessing risks in the supply chain and coordinating investments. Writers offered four fundamentals.
Read moreA longstanding priority for the president has become a “whole of government” push amid what officials call a “perfect storm.”
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Upheaval in the supply chain has been less disruptive to hemp growers than more traditional producers. Pandemic restrictions may even be driving up CBD sales.
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