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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…
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…
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…
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…
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.…
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…