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News & Articles By Mary Villareal
11/03/2021
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By Mary Villareal
China faces gas shortage as Beijing seeks to conserve coal, diesel and other fossil fuels
Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to supply constraints. As the Chinese economy aggressively reopened following the Wuhan coronavirus (COVID-19) shutdowns, the supply of fossil fuels started to dwindle amidst […]
11/02/2021
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By Mary Villareal
Shipping rates continue to rise as holiday season nears
Shipping rates continue to rise with no signs of abating soon. While some indexes showed a slight pullback, the hope for any major decline in shipping costs has been pushed back to at least the Chinese New Year in February next year. The S&P Global Platts index for North Asia and West Coast rates was at […]
11/02/2021
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By Mary Villareal
US GDP gain slows down in third quarter as supply chain issues worsen
The United States economy grew at a two percent rate in the third quarter, the slowest since the end of the 2020 recession. This is largely due to supply chain issues marking deceleration in consumer spending that further stunted the expansion, according to the Department of Commerce. It was the slowest gross domestic product (GDP) gain […]
11/01/2021
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By Mary Villareal
Chinese gas stations ration diesel amid shortages, adding to supply chain crisis
Fuel retailers in China are now rationing diesel volumes to customers as the country intensifies its efforts to avert a supply crunch that is already affecting the coal and natural gas sectors. Long lines of vehicles are making their way to pump stations across Guangxi and Anhui provinces in east and southwest China, with truck […]
10/27/2021
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By Mary Villareal
California’s environmental and truck laws to blame for supply chain crisis – social media posts go viral
Don Helms, the owner of North Idaho RV Rentals, went viral on social media when he blamed the changes to labor laws and California’s strict environmental laws for causing supply chain woes. In his Facebook post, Helms said the liberal media is blaming the supply chain crisis on the trucking industry, but the real culprit is California’s liberal trucking […]
10/25/2021
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By Mary Villareal
Gulf Coast ports see growth in September despite ongoing supply chain crisis
Cargo volumes continue to rise at ports along the Gulf Coast as Port Houston’s September container activity rises 11 percent compared to last year. This rise in cargo is ongoing while congestions continue at West Coast ports in Los Angeles and Long Beach. “We expect container as well as demand for steel to continue growing through the remainder of […]
10/25/2021
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By Mary Villareal
Biden considers activating National Guard to assist with worsening supply chain crisis
President Joe Biden has considered calling the assistance of the National Guard as the American economic infrastructure failed on a massive scale. Officials are now saying that things will get even worse in the months ahead. Biden recently gave a speech assuring Americans that he will implement measures to help soften the blow of the supply chain crisis. […]
10/22/2021
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By Mary Villareal
Shipping costs to the US surge as supply chain crisis continues to accelerate
The price to ship a container from Asia to California is now $17,000, far from its $3,800 price from a year ago. Rates are even steeper on the East Coast, where shipping rates reach up to $20,000 per container. This increase in shipping rates is primarily due to supply chain disruptions, which have created congestion in […]
10/22/2021
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By Mary Villareal
FOOD CRISIS: Ongoing strike of John Deere workers already impacting farmers during harvest season
Thousands of John Deere workers have been on strike since Oct. 14, impacting farmers who are busy during harvest season. From sourcing parts to manufacturing tractors and planters, the strike could severely affect an already strained supply chain. In what is already the biggest private-sector labor strike in over two years, over 10,000 hourly John Deere […]
10/22/2021
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By Mary Villareal
Cargo ship backlogs in California hit record high as supply chain crisis worsens
Cargo ship backlogs at the Ports of Los Angeles and Long Beach have hit record high as the supply chain crisis continues. On Monday, Oct. 18, the Marine Exchange of Southern California reported 100 vessels berthed at those ports, topping the previous record of 97 set last Sept. 19. Both figures are a lot higher than the 17 ships […]
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