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. Sony’s announcement of likely exceeding its 18 million unit production goals for the end of the year has excited gaming enthusiasts after the company warned in May that it was falling short. Sony produced 6.5 million units of the gaming console over the past quarter, which greatly superseded its predictions.
Executive Deputy President and CFO Hiroki Totoki noted in an earnings call that the company was not hampered by semiconductor and other parts shortages over the quarter as it had been earlier in the year. The company seems to be keen on outdoing itself on its PS4 sales.
Weakness in U.S. box demand continues to reflect the challenging state of the goods economy, with the three largest North American containerboard/box producers reporting significant declines in Q1.
Transportation of Lithium-ion batteries is a challenge for even the most seasoned logistics company.
Economic historian Chris Miller, a professor at Tufts, is tackling the challenges associated with the semiconductor industry with their new book, "Chip War: The Fight for the World's Most Critical Technology”.
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.
Improving truck driver health is a critical component in addressing the truck driver shortage and reducing turnover rates in the trucking industry.
Digitization can automate many of the manual processes that are currently done by customs and drayage workers.
Eventually, prices are passed to the consumers.
The federal government is being asked to intervene in the growing diesel shortage problem.
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.
Did you fly on an airplane over Labor Day weekend? You and everyone else.
The price of meat has gone through the roof, and Walmart is hoping to ease that inflationary pain of its customers.
The Food and Drug Administration announced early into the pandemic that N95 respirators were in short supply.
With all the talk about electric vehicles and enhancing supply chains, the demand for chipmaking has never been greater.
The global chip manufacturing industry can’t seem to catch a break.
Ford Motor CEO Jim Farley has made it clear to reporters that the company does not expect the cost of raw materials needed to develop electric batteries will drop anytime soon.
A global supply chain crisis is shaking an industry none of us can survive without: food.
During the pandemic, sales of Mexican beer plummeted - but have surged to new heights in the following years, creating a whiplash effect.
July is the prime time of year to begin harvesting wheat, but the strained wheat market is tired.
The embargo will not include essential items such as water treatment chemicals and military equipment, but will greatly hinder shipments until July 31 to BNSf networks west of Illinois.
Raw materials required to build electric vehicles have doubled in cost over the past few years.
Truckers are taking 3 times as long to return chassis than they did before March 2020 - the backlog will require more chassis for use, otherwise the dwell time will continue to increase.
The baby formula shortage is an embarrassment to a nation under pressure.
Luxury pool-building businesses are being pulled to the brink by supply chain issues. Costs for the building have risen at least 30%.
Torsten Mueller-Oetvoes, CEO of parent company BMW AG, has advised that Rolls Royce Motor Cars Ltd. is facing supply chain issues that will bleed into their manufacturing processes.
“Operation Fly Formula” was a mission authorized by President Joe Biden and his administration to relieve the current baby formula shortage.
Voters are blaming the supply chain for the formula shortage, according to a recent Morning Consult/Politico survey.
Airlines are in dire need of qualified pilots.
Frank Sonzala, a veteran in the trucking and transportation industry, is spearheading a business plan to address the pressing issue of the nationwide truck parking shortage.