Category: supply chain crisis

Shipping Problems to Persist Through 2022 Amid Supply Chain Crisis: Economists

Economists expect shipping problems at large ports in the United States as well as the subsequent shortage in goods and price increases to persist into the middle of 2022 amid the ongoing supply chain crisis. Roughly 77 ships are currently waiting outside docks in the Ports of Los Angeles and Long Beach, California, carrying a…


Capitol Report (Oct. 22): Memo Issued to Pilots to Focus on Flying, Not on Impending Vaccine Mandate

Businesses report vaccine mandates are hurting employment. Meanwhile, airline unions are urging pilots to focus on flying when they are in the air, not on the impending vaccine mandates. Reports are coming in and the Federal Reserve says that vaccine mandates could be a reason for labor shortages seen across the country. Less than two…


UK Factories Struggle to Meet Demand Amid Supply Chain Crisis: Survey

UK factories have seen order books swell to a record high this month but output growth slowed sharply as they struggled to meet demand amid the supply chain crisis, according to a survey. The latest industrial trends survey by the CBI business body revealed manufacturers reported order books at their strongest level since records began…


Co-operative Warns UK Supply Chain Crisis Will Push up Prices and Put Pressure on Profits

The Co-operative warned of food price increases and pressure on its annual profits from the mounting supply chain crisis as it swung to a half-year loss. The group’s Chief Executive, Steve Murrells, told the PA news agency that supermarket price rises are “coming” as retailers across the UK battle with the lorry driver shortage, increased…