COVID-19 Delta Variant Ravages Automotive Supply Chains and Beyond

By Logan Wamsley

Although the automotive industry has both introduced exciting new technologies and made several bold plans to fully embrace a new, net-zero carbon emissions model, 2021 has proven to be an incredibly difficult year. These difficulties have only been amplified by the emergence of the COVID-19 Delta variant, which has called into question the ability of…

New EIU Report Shows Scale of COVID-19 Impact on Supply Chains

By Logan Wamsley

In a new survey from Economist Intelligence Unit (EIU) with sponsorship from Citi, clarity has been given regarding which industries were hardest hit by the various supply chain disruptions in 2021 — most of which were directly related to the COVID-19 pandemic, CNBC reports. While some of the results were expected, the sheer scale of…

Key Inflation Indicator Hits Highest Point in 30 Years, Says Federal Reserve

By Logan Wamsley

Today’s supply chain disruptions are not only affecting manufacturing industries, but also everyday consumers trying to purchase anything from chicken to golf clubs. Global climate trends, natural disasters, geopolitical tensions, shipping freight delays, and other such issues are combining with the ongoing COVID-19 pandemic to create a perfect storm of challenges that makes 2021 one…

Hurricane Ida Disrupts Already Fragile 2021 Supply Chain

By Logan Wamsley

In a typical year, despite all of the tragedy a natural disaster such as a fire, flood, or hurricane can bring, there usually aren’t very many implications for the world at large. These often horrific events may be devastating for the population in that region, but a country on the other side of world typically…

Global Chip Shortage May Extend to 2023, Says Reports

By Logan Wamsley

In a recent announcement, auto manufacturer Toyota stated that they will now cut worldwide vehicle production by 40% in September. This will reduce their output to 540,000 vehicles, down from their planned output of 900,000. As a result, Toyota shares fell 4.4%, the largest daily drop the company has seen since December 2018. Other manufacturers…

Companies Reeling From Supply Chain Congestion at US Ports

By Logan Wamsley

Shipping ports across the U.S. are experiencing levels of prolonged supply chain congestion that are unpresented in modern history, The Financial Times reports. In the past 12 months alone, nine of those months count among the top 10 busiest months of the past 25 years. The Long Beach port alone moved 907,000 containers in May,…