WASHINGTON—The U.S. Commerce Department said Tuesday a global survey of semiconductor chip producers and users shows a shortage will persist, sparked primarily by wafer production capacity constraints. The voluntary survey of 150 companies last fall in the supply chain confirmed, “there is a significant, persistent mismatch in supply and demand for chips, and respondents did…
US Commerce Department Says Chips Shortage to Persist, Will Review Some Pricing
January 25, 2022
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Australia Says No to 16-Year-Old Forklift Drivers as Remedy to COVID-19 Supply Chain Pain
SYDNEY—Australia has ruled out letting teenagers as young as 16 drive forklift trucks to tackle a shortage of workers in COVID-19-hit supply chains, as it scrambles to scoop up millions of home testing kits needed to keep businesses functioning. A sudden rise in COVID-19 cases in recent weeks has seen hundreds of thousands of workers…
Hyundai, Kia Expect Auto Sales Jump in 2022 Amid Chip Shortage
SEOUL—South Korea’s Hyundai Motor Co. and affiliate Kia Corp. on Monday forecast that their combined global sales will jump 12.1 percent in 2022, even as last year’s sales fell short of target due to a global chip shortage. The companies sold 6.67 million vehicles in 2021, about 3.7 percent less than their combined target of…
Canadian Navy Needs to Recruit 1,000 Sailors to Crew New Warships: Commander
December 30, 2021
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OTTAWA—Royal Canadian Navy commander Vice-Admiral Craig Baines is sounding the alarm over a shortage of sailors to crew Canada’s warships. In an exclusive interview with The Canadian Press, Baines says the navy is short about 1,000 sailors. Baines says the situation isn’t critical yet as the navy is making do with its current complement. But…
The Seasonal Labor Shortage Is a Harbinger of an Evolving Hourly Jobs Market
By Sumir Meghani U.S. seasonal job postings reached a record of almost 1 million as major retailers scramble to stock shelves and brace for the demands of an American public that is increasingly willing to conduct their holiday shopping in-store. Some of our nation’s largest retailers are looking for short-term fixes by offering bonuses and…
Champagne Shortage Likely to Push Up Prices of Bubbly Over Holidays
With New Year’s Eve a little over a week away, experts say revelers should brace for higher prices of champagne and difficulty finding the most popular brands amid a global shortage of bubbly. The COVID-19 pandemic has impacted supply chains in various ways, with champagne being the latest casualty. “There actually is a shortage of…
Champagne Problems: Alcohol Authorities in Canada Warn of Holiday Liquor Shortages
Canada is facing alcohol shortages ahead of the holidays due to supply chain issues, a situation prompting some provincial liquor authorities to urge customers to shop early—or be prepared to try a new libation. Supply chain experts say the inventory crunch stems from issues with production, transportation and demand. Yet with much of the backlog…
As Storms Start, US States Struggle to Hire Snowplow Drivers
HELENA, Mont.—More U.S. drivers could find themselves stuck on snowy highways or have their travel delayed this winter due to a shortage of snowplow drivers—a reality that could hit home Friday as winter storms start dumping snow from the Intermountain West to the Upper Great Lakes. States from Washington to Pennsylvania, including Montana and Wyoming…
‘Chronic Underutilization’ of America’s Trucking Capacity Means 40 Pecent Is ‘Left on the Table Every Day’: MIT Expert
An expert from the Massachusetts Institute of Technology (MIT) told lawmakers at a Nov. 17 congressional hearing that holdups at pickup and delivery points are causing a chronic underutilization problem impacting U.S. long-haul truck drivers, leading to 40 percent of America’s trucking capacity being “left on the table every day.” David Correll, a research scientist…
‘Chronic Underutilization’ of America’s Trucking Capacity Means 40 Percent Is ‘Left on the Table Every Day’: MIT Expert
An expert from the Massachusetts Institute of Technology (MIT) told lawmakers at a Nov. 17 congressional hearing that holdups at pickup and delivery points are causing a chronic underutilization problem impacting U.S. long-haul truck drivers, leading to 40 percent of America’s trucking capacity being “left on the table every day.” David Correll, a research scientist…
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