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In the wake of the Ukraine crisis, as well as the ongoing geopolitical tensions with China and the continued supply chain issues related to the COVID-19 pandemic, the U.S. is prioritizing semiconductor manufacturing on its own soil more than ever. Indeed, President Biden in his State of the Union address highlighted his push for new…
When the COVID-19 vaccines were released in early 2022, many predicted that by the end of the year normalcy would have returned to the global economy — and by extension the global supply chain. This has not been the case. In fact, as the economy gradually opens back up, disruptions within the supply chains appear…
In what is only the latest indicated of a deep, complex supply chain crisis, President and CEO of the American Trucking Associations told CNN that the trucking industry is now a record 80,000 drivers short. Although this issue is not new, the COVID-19 pandemic has skyrocketed this issue to near catastrophic proportions. Before the pandemic,…
In an interesting development for the global supply chain community, the International Chamber of Shipping (ICS) have issued an open letter to the United Nations General Assembly that a “global transport system collapse” is on the rise should governments not restore freedom of movement to transport workers and give them prioritization in receiving the COVID-19…
In what is being called by some analysts as a “Sputnik” moment for military technology, China shocked the world by allegedly testing a state-of-the-art, nuclear-capable hypersonic missile in August. According to recent reports, the missile completed a low-orbit the Earth before striking only two-dozen miles away from its intended target. The apparent rapid advancement of…
