Chip crisis, another factor that will make prices more expensive for 2 or 3 years
With the shortage of chips or microprocessors, the dependence of the global industry on a handful of companies is in evidence.
Stay updated with breaking news from Container Crisis. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
With the shortage of chips or microprocessors, the dependence of the global industry on a handful of companies is in evidence.
This so-called container crisis has impacted the world economy and may have indefinite effects.
With global supply chain issues and a shipping container shortage some companies are reconsidering how they ship their goods and what kind of cargo ships they use.
Synopsis The crunch developed as people who were barred by the Covid-19 pandemic from going to movies, concerts and restaurants spent their money on flour and treadmills instead. iStock Shortages of trucks and drivers, in some cases because of enhanced unemployment benefits, contributed to supply-chain bottlenecks. A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to increase shipping costs, according to the head of one of the biggest U.S. freight brokers. “The domestic freight markets are extremely dislocated and the globa...
Have pass the house, probably not pass the senate if you have to go with of say 60 vote threshold. >> the fact both the house leaders left without taking a microphone, is that a bad sign? >> we may have lost his audio. again, we'll let you know nancy pelosi and john boehner have left the meeting from the white house. senate leaders are still inside and we'll monday store the white house. we'll keep an eye on things and let you know. in the meantime, a massive container crisis averted. the powerful dock workers union agreeing to a temporary deal with shippers today. that means east and gulf c...