Container Chaos Causing Headaches for Importers & Exporters

Importers & Exporters are alleging that shipping container companies are starting to break contracts amid the current global supply chain chaos, and forcing importers/exporters to pay massive rate increases. Trading companies who thought their costs were a certain figure are now finding they could be paying 2-3 times (or more) the costs they originally calculated…

Continued Lockdowns Are Hurting Supply Chains

As China’s continued policy of zero-COVID is causing more lockdowns in Shanghai, including factories. This is not only hurting the factories, who are already having problems with not only getting product out to their clients but also retaining workers due to all the lockdowns. As we mentioned last week, some clients are looking elsewhere to…

Moving to Mexico

With all the global supply chain shocks of the last two to three years, supply chain managers are mitigating supply chain risks by increasing supplier relationships where it used to be around 1-2 suppliers to now 3-4 different suppliers. Not only that, but in 2020, American manufacturers sourced materials from six times more suppliers in…

CP Rail Strike Could Add to Supply Chain Woes

Global pandemic, decades-long inflation highs, unprecedented floods, war in Ukraine, sky-high gas prices. Apparently that’s not really enough bad news to supply chains, so let’s throw in a railway strike! Canadian Pacific Railway (C.P. Rail) workers, Canada’s second largest railway, is at risk of going on strike – potentially causing even more headaches to supply…

War in Ukraine Could Have More Supply Chain Implications Other Than Energy

As the war in Ukraine rages on and gas prices around the world have hit driver’s wallets hard, the conflict could have more supply chain impacts other than just the energy sector: The supply of wheat has also been in the conversation lately, but other industries such as automobiles and engineering services could be impacted…