China is no longer the “cheaper” option
According to data collected by The Reshoring Institute (TRE), a non-profit advocacy and consulting group, labor rates have as much as doubled over recent years.
The semiconductor shortage has rocked the world
Expected to expand to 2023 and beyond, there is the question of whether the market will ever recover to pre-2020 levels.
Global retail, transport, and manufacturing activity are on the decline
Retail, manufacturing, transport, and logistics are all taking an ‘L’.
Pineapples from Costa Rica cloudy history before they show up in your grocery store
The largest exporter of pineapple across the globe is Costa Rica, but it doesn’t come easy.
Musk's Starlink looks to U.S. Government for financial assistance to keep Ukraine internet online
Earlier this year when Russia invaded Ukraine, Elon Musk & Space X stepped up to the plate.
Weather forecast shows little relief for backed-up Mississippi River
Mississippi River shows little signs of relief.
Oceanic carriers and shippers have a yo-yo relationship
Ocean carriers spent much of the pandemic rejecting shipper contracts due to severe congestion in the supply chain.
Supplier diversity metrics are not yet the norm, despite industry push
Creating a diverse supplier chain seems to be at the forefront of the minds of CEOs, however only 38% of companies actually measure any metrics to make that happen.
IMF warns that the global economy is on unsteady ground
It’s no secret that the global economy is on unsteady ground.
Amazon is hiring for the holidays
While the peak season holiday rushes begin to descend upon America, some of the largest retailers are looking to hire seasonal help.
Foreign goods are cheaper than ever to import
Manufacturers in the United States are likely to suffer from the value of the dollar going up as US-made goods become more and more expensive for buyers internationally.
After years of Covid flight restraints lifted, air freight spot rates are on the decline
Globally, flights were grounded for years due to Covid-19 restraints. Now that the flight paths have opened up wide, flight capacity is growing and air cargo spot rates are shrinking…
An Energy War in Europe is waging
Sanctions, supply chain disruptions, and geopolitical issues regarding Russia’s invasion of Ukraine are showing Europe how energy-dependent it is.
Russian-made aluminum ban is in the works
The Biden Administration is considering a country-wide ban on Russian-made aluminum as another round of punishments for how Russia has invaded the neighboring country of Ukraine since February.
Bringing factories back to the United States means finding labor to fill them
The United States manufacturing sector is focusing on re-shoring and near-shoring much of its operations, but will the American workforce rise to the occasion?
U.S. cannot rely on The CHIPS Act for semiconductors for quite some time
The CHIPS Act cannot be the only step for U.S. semiconductor world domination.
Mississippi River tributaries bottleneck barges near Stack Island
Spoke too soon - the Mississippi isn’t out of the woods yet.
Fast fashion e-tailer Shein wants to eliminate ¼ of emissions within the decade
Shein, the fast fashion giant that has taken the younger generations by storm, is looking to switch up their image.
It’s time to close the chapter on sky-high shipping rates
The steep decline of ocean container shipping rates has escalated over the past week, dropping 20% from the week previous.
International Monetary Fund warns of global recession years after Covid-19 stimulus
The World Economy is looking at a twisted road ahead.