It has been nearly three years since auto plants around the world started to shut down because of the pandemic. Yet between the pandemic, an acute shortage of semiconductors and other supply chain snarls, vehicle production has never really returned to normal. And prices? Hoo boy. Both new and used prices have stopped skyrocketing. In […]
Tag: Supply chain
Inflation Timebomb Poised to Explode Just Before the Holidays
After two difficult years for the global economy and in the midst of an energy crisis fueled by the Russian invasion of Ukraine, U.S. diesel inventories are currently “unacceptably low,” National Economic Council Director Brian Deese said on Bloomberg TV last week. This supply crunch is raising concerns among analysts and energy experts of an […]
Babies in Danger of Dying as Empty Shelves of Infant Formulas Plague US
According to reports Monday, many stores across the country are unable to stock baby formula, and parents are sounding the alarm. In April, the data collection firm Datasembly found the out-of-stock rate for baby formula in the United States had surged to 31 percent. For comparison, the rate stood between 2 and 8 percent during […]
Massive Texas-Mexico border truck jams causing frustration
Patience is wearing thin for importers and exporters who say a bottle neck on commercial trucks at the border will cost consumers a lot more for produce and products coming in from Mexico this Easter weekend. The delays are all due to additional safety inspections mandated by Governor Greg Abbott of trucks bringing products into […]