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News & Articles By Arsenio Toledo
11/17/2021
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By Arsenio Toledo
Georgia’s solution to port congestion? Move shipping containers inland
Georgia’s solution to the massive accumulation of shipping containers in the state’s ports is to set up temporary overflow yards inland. These impromptu container storage areas keep the flow of imports and exports at the ports moving smoothly. On Friday, Nov. 12, the Georgia Ports Authority (GPA), the primary owner and operator of the state’s ports, announced […]
11/15/2021
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By Arsenio Toledo
Shipping companies face excess dwell-time fee for leaving containers in California’s congested ports
California’s ports remain heavily congested despite intervention from the federal government, but the situation is about to get worse as the ports are going to charge an excess dwell-time fee for shipping companies starting Nov. 15. Last month, ports in southern California announced that they would start fining shipping companies $100 per day for every […]
11/11/2021
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By Arsenio Toledo
Truckers warn of massive disruptions to supply chain due to COVID-19 vaccine mandates
Truck drivers in the United States are warning the federal government that if it attempts to push through its Wuhan coronavirus (COVID-19) vaccine mandate against truckers, it could worsen supply shortages and have a significant negative effect on the wider supply chain crisis. Leading members of the trucking industry have issued multiple warnings after the […]
11/11/2021
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By Arsenio Toledo
American household debt reaches record high of $15 trillion
Household debt in the United States has hit a record high, passing $15 trillion for the first time in history. According to a report published on Tuesday, Nov. 9, by the Federal Reserve, total household debt for the third quarter of 2021 increased by a whopping $286 billion to a new total of $15.24 trillion. […]
11/11/2021
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By Arsenio Toledo
BIDENFLATION: Wholesale prices in September and October rise to record highs
The new wholesale inflation numbers from September and October prove that the rapid rise in the cost of everyday goods is not “transitory,” contradicting what President Joe Biden has repeatedly claimed. In September, inflation at the wholesale level rose by 8.6 percent compared to the same month last year. “Excluding volatile food and energy prices, wholesale inflation […]
11/10/2021
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By Arsenio Toledo
Agriculture industry leaders demand solution to port congestion, end to supply chain crisis
America’s agriculture industry continues to struggle in the face of the ongoing supply chain crisis exacerbated by heavy port congestion. Ken Ericksen, senior vice president for financial information company IHS Markit, said that a lot of the solutions proposed by the government would only be partial solutions like moving ships away from the West Coast and diverting […]
11/10/2021
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By Arsenio Toledo
Biden’s economic agenda, COVID policies make supply chain crisis worse
Months into the supply chain crisis, businesses in the United States are still dealing with growing inflationary pressures. Rising input costs, material shortages and other unresolved supply chain concerns are the key drivers. The economic agenda of President Joe Biden’s administration might make the situation worse for businesses everywhere. This is according to a third-quarter […]
11/09/2021
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By Arsenio Toledo
Supply chain crisis preventing California farmers from delivering their harvests
California farmers are now feeling the impact of the supply chain crisis as they struggle to transport crops out of their farms due to a shortage of truck drivers, a lack of space at warehouses and heavy congestion at the ports. This economic disease is affecting California farmers amid a historic drought that is threatening future […]
11/05/2021
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By Arsenio Toledo
Food pantries strongly affected by supply chain crisis, unable to provide food to thousands of people
Food pantries all over the country are finding it increasingly difficult to provide services to people in need within their respective areas amid the supply chain crisis. According to the American Farm Bureau Association, many families will likely have to pay around five percent more for most of the ingredients and other food items they will need […]
11/04/2021
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By Arsenio Toledo
Supply chain crisis threatening global economy expected to continue into the holidays
The supply chain crisis is threatening to stall not just America’s economic recovery but the entire global economy. New indicators from Bloomberg Economics predict that if the world is unable to quickly come together and deal with the global supply chain crisis, there is a chance that the whole situation will get much worse and cause a […]
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