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These disruptions cascaded into the global shipping industry where ports like the Port of Los Angeles, a major hub for imports from Asia, are unable to clear their shipyards in a timely fashion, further exacerbating the supply chain crisis. This has led to suggestions that stockpiles and diversification of suppliers should be more heavily focused.
A massive dockworker strike at seaports on the U.S. East and Gulf coasts is expected to wreak havoc on global supply ... consequences on ships carrying billions of dollars of cargo, is the first ...
What Is the Potential Long-Term Impact of the Strike? The big question now is how long the strike will last. According to Abe Eshkenazi, CEO of the Association for Supply Chain Management, a ...
In March 2021, the restrictions on global supply-chain caused a great impact on Dubai's business activities, which were struggling to recover from the impact of the COVID-19 pandemic. The IHS Markit compiled Dubai's Purchasing Managers’ Index that rose to 51 from 50.9 in February 2021, saving from landing in the contraction zone by only one ...
The Federal Trade Commission released a report in March 2024 finding that large grocery retailers "accelerated and distorted" the effects of supply chain disruptions to protect their profits. The analysis found that some large retailers "seem to have used rising costs as an opportunity to further hike prices to increase their profits, and ...
Supply chain disruptions have always been a part of global trade. However, a new report from HSBC highlights how companies in the current market are increasingly exposed to unexpected global events.
In the US, shortages and price increases of tampons and other feminine hygiene products were caused by supply chain disruptions, staffing problems, and raw material costs. [193] As of mid-June 2022, approximately 7 percent of tampon products were out of stock, and many shoppers struggled to find their preferred brand. [194]
Carter Evans reports from the port of Los Angeles, a key link in the U.S. supply chain." A shortage of rail workers is causing cargo to pile up once again in America's ports.