Shipping Boom Expected After Shanghai Reopening
China’s shipping industry is bracing for an uptick in demand and freight costs as manufacturing activity in Shanghai roars back to life after the city’s return to normal starting June 1.
Supply Snarls in US Are Easing
The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 reached in March.
Congress Keeps Supply Chain, FY23 Bills on Summer Agenda
Enhancing connectivity along freight supply chains and considering fiscal 2023 funding legislation will dominate transportation policy debates when Congress returns June 6 after its Memorial Day recess.
World Events Redistribute Supply Chains
Trade disruptions from China’s lockdowns and the war in Ukraine are seen doing for Southeast Asia what the U.S.’s spat with Beijing couldn’t meaningfully do — redistribute supply chains.
Biden to Devote $2.1 Billion to Strengthen Food Supply Chain
The Biden administration on June 1 will announce $2.1 billion in new funding to bolster food supply chains, including initiatives to expand small- and midsized processing plants, according to a U.S. Department of Agriculture official.
Supply Chain Relief Sparks Feud Over Degree of Softer Economy
Some supply strains in the U.S. are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds of soaring inflation.
Retired Army General Replaces Porcari as Port Envoy
Retired U.S. Army Gen. Stephen Lyons has been appointed as the new port and supply chain envoy to a group created by the White House last June to mitigate economic problems arising from the COVID-19 pandemic.
High Rate of Turnover Among Stressed-Out Supply Chain Managers
Supply chain managers quit their jobs last year at the highest rate since at least 2016 due to a mix of burnout and a desire for fatter paychecks.
Supply Chain Woes Threaten Electric Grid
A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid, according to a report.
May 18, 2022Worker Shortages Snarl Shipping Even as Shanghai Lockdown Eases
China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply chain congestion, according to a major shipping company.