(Natural News) Stocks of major shipping companies fell sharply on Monday, April 25, even as Wall Street’s main stock indexes closed on a high note. Many of them sank by double digits. Shipping stocks have long been regarded as good investments. For the past two years, shipping firms have seen massive – often record – […]

(Natural News) The American Trucking Associations (ATA) claimed that the trucking industry is short by a record high 80,000 drivers, which is 30 percent more than before the Wuhan coronavirus (COVID-19) pandemic when the industry faced a shortage of 61,500 drivers. The ATA, the largest trade association in the trucking industry, said drivers retiring and increased consumer demand have contributed to […]

(Natural News) Disruptions to the global value chains have been ongoing since the beginning of the Wuhan coronavirus (COVID-19) pandemic, with factory closures in China at the beginning of 2020, subsequent lockdowns of most countries, congestion in logistics networks for transporting goods, capacity constraints in the face of increasing demand, labor shortages and more. These […]

(Natural News) 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 […]

(Natural News) 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 […]

(Natural News) 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 […]

(Natural News) Experts say that the Biden administration needs to focus on long-term and realistic policies to diversify where imports are coming into, especially as the holiday season nears. Margaret Kidd, a supply chain and logistics professor at the University of Houston, said that the amount of cargo that will be supported in President Joe […]

(Natural News) Finding items from Canada and Mexico and other parts of the globe is set to become more problematic and more expensive. No matter what people know or understand about trade and the supply chain, the key takeaway is that products will cost more. There is already a massive shortage of truck drivers, who are getting […]

(Natural News) To understand why supply chains are broken, you need to understand what broke them. The short explanation: lockdowns. Of course, the Wuhan coronavirus (COVID-19) pandemic is the root cause. But the collective reaction of governments around the world has more to do with it than the disease itself. Many countries responded to the pandemic […]

(Natural News) The ongoing congestion at ports in the U.S. West Coast has contributed to delivery delays and product shortages ahead of the holiday season. Labor shortages also contribute to the problem, with not enough port workers available to help unload goods from containers. As such, two shipping experts have sat down to talk more […]