iPhone 14s will be limited this holiday season due to China’s Covid policies
Good morning! It’s National Cancer Awareness Day. To all of those who have fought and continue to fight. ❤️
China has released a new wave of Covid-19 restrictions, shutting down several factories, particularly in Zhengzhou, China. According to Apple, these shutdowns are very likely to impede the availability of the iPhone 14 Pro and iPhone 14 Pro Max during the holiday season. The company also warned shareholders that the halt in production will likely affect its quarterly performance.
Check out today’s featured article from 9 to 5 Mac to read about growing iPhone 14 shortages as the holiday season approaches, caused by massive shutdowns of factories in China due to the country’s zero-Covid policies. ☕️
Featured Article:
“Apple today released a statement warning investors and customers that iPhone 14 Pro and iPhone 14 Pro Max availability is very constrained following recent factory closures due to recent COVID-19 restrictions in the region.”
Factoring & Collections 💰
Trucking looking at crypto and decentralized finance models to streamline industry payments
According to Allied Market Research, the 2021 global freight trucking market was worth over $2.7 trillion. This being said, it should come as no one’s surprise that the industry is working hard to incorporate technological advancements in order to improve what the market can offer consumers.
With over a million trucking companies and third-party logistics firms in the United States alone, most of them are relying on the banks to keep afloat. According to Philip Schlump, chief commercial officer and lead developer of TruckCoinSwap (TCS) — a Wyoming-based fintech and freight company - tokenization is at the forefront of the herd.
Tokenization would replace commonly-used factoring companies - where an outside financier purchases an invoice for a fee and then collects from the vendor itself. Instead, tokenization would trucking companies to get paid at “face value” within a few days.
Upper Education & Human Resources 📋
Universities are scrambling to offer supply chain logistics graduate programs
Global supply chain issues have been bleeding into almost every facet of life since the earliest days of the pandemic. Because of its importance, many graduates are switching degrees, looking to focus on supply chain logistics and hopefully lend a helping hand in improving its future and landing promising job prospects.
Dr. Mana Kamai Molle, a St. Cloud State University economics professor and department chair, highlighted the growing importance of supply chain logistics and economic issues. College students are recognizing this and adapting accordingly. Between 2021 and 2023, the U.S. Bureau of Labor Statistics is forecasting a growth of 28% in the number of people working in the supply chain logistics field.
Let’s Get Global 🌎
🔋 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. With the blistering sun beating down on these truckers and trucks themselves, there are long stretches without accommodations, food, water, or facilities - making the routes not only long and tedious but also dangerous. So while there is no shortage of copper in the region - the industry is booming - there are still supply chain challenges to consider. These African mines have been responsible for 80% of global copper output growth over the past three years.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.