•   
  •   
  •   

US White House to launch a dashboard tracking supply chain crisis

03:10  03 november  2021
03:10  03 november  2021 Source:   cnn.com

Fact check: Supply chain delays not related to COVID-19 vaccine mandates

  Fact check: Supply chain delays not related to COVID-19 vaccine mandates Experts say vaccine mandates are not responsible for the current nationwide shipping delays. "The online claim is too strong," John Macdonald, associate professor of supply chain management and logistics at Colorado State University, said in an email. "Drivers from companies I contacted have had no challenges fulfilling their job duties due to vaccination status." USA TODAY reached out to Todd and the Facebook user who shared the post for comment.

As economic concerns erode President Joe Biden's political standing, his aides are trying to assure Americans they're doing everything possible to address fears about inflation and hard-to-find goods heading into the holiday season.

Trucks haul shipping containers at the Port of Los Angeles during nighttime operations on October 25, 2021 in San Pedro, California. The Port of Los Angeles is joining the Port of Long Beach in 24/7 operations amid efforts to ease supply chain issues. Strong consumer demand, coupled with an altered workforce caused by the global pandemic, has contributed to supply chain issues and random shortages of items such as clothing, cars, and toys around the country. © Mario Tama/Getty Images Trucks haul shipping containers at the Port of Los Angeles during nighttime operations on October 25, 2021 in San Pedro, California. The Port of Los Angeles is joining the Port of Long Beach in 24/7 operations amid efforts to ease supply chain issues. Strong consumer demand, coupled with an altered workforce caused by the global pandemic, has contributed to supply chain issues and random shortages of items such as clothing, cars, and toys around the country.

The White House website is rolling out a new Supply Chain Dashboard, to be updated every two weeks, that will track progress in easing the backlog of imported goods that has accompanied the economy's recovery from coronavirus shutdowns. The dashboard comes as tangled supply chains have boosted the cost and limited the availability of everything from automobiles to clothing to toys.

Will broken supply chains stop Santa Claus?

  Will broken supply chains stop Santa Claus? We’re speaking not just of stocking stuffers — but the success of U.S. technical industries.The issue of supply chain disruptions is relatively new for the average American, but not unexpected when considering the decline in the U.S.'s industrial capabilities. The rise of the global economy over the last few decades led to international competition for pricing, production and transportation, with China dominating due to its impressive industrial growth. What COVID-19 demonstrated, and what the U.S. is feeling now, is what happens when the cheapest, fastest supply chains have shuttered on and off for the past two years.

In the opening edition, obtained before its launch Tuesday by CNN, White House aides attempted to explain and quantify the problem now hitting consumers in the wallet. Emphasizing the good news, they note that strong demand means overall consumer spending has nearly reached its pre-pandemic levels.

But as the pandemic persists, the reshaping of consumer demand from services to physical goods has created choke points at busy ports like those in Los Angeles and Long Beach, California. In normal times, only a few container ships would wait offshore at those ports to unload their goods; as of last Friday, the White House said, there were 75.

A shortage of truck drivers has stalled the distribution of offloaded goods to retailers and other businesses. To address both problems, the White House Supply Chain Disruptions Task Force has worked to relax trucking regulations and persuade ports and railroads to operate around the clock.

Supply chain logjam poses question: Can Biden save Christmas?

  Supply chain logjam poses question: Can Biden save Christmas? The tangled U.S. supply chain, which has left U.S. ports snarled with traffic and threatens the holiday season, is drawing federal attention, but experts say the problem may be too late to solve this year. President Joe Biden is scheduled to meet Wednesday afternoon with representatives from unions, companies and trade groups, including the Teamsters, the AFL-CIO, Wal-Mart, […] The post Supply chain logjam poses question: Can Biden save Christmas? appeared first on Roll Call.

For the first two weeks of October, the two major California ports off-loaded 379,000 containers. That makes a total of 8.1 million for the year -- ahead of the pace of the previous record year of 2018.

As of the beginning of October, that robust volume of containers had fueled a national inventory of retail goods with a dollar value of $455 billion. That total, which excludes automobiles, is 4% above the same point last year, the administration says.

As Americans prepare to buy holiday gifts, the White House is also tracking a data series compiled by the private firm IRI. That data shows how easily consumers can find goods that retailers offer.

As of Sunday, IRI's "On-The-Shelf Availability" data showed retailers had in stock 89% of the goods they sell. That was just slightly below the 91% level measured in February 2020, before coronavirus shutdowns.

More important than administration efforts to directly ease the supply chain crunch is the course of the pandemic itself. In the US, economists expect that the return to normal life will shift more consumer spending away from goods and back to services.

McDonald's hikes prices to offset wage increases, supply costs

  McDonald's hikes prices to offset wage increases, supply costs McDonald's is hiking the prices of its menu items in an effort to offset wage increases and supply costs as the United States grapples with a labor shortage and supply chain crisis, The Wall Street Journal reported. Compared to last year, higher-ups at the fast-food chain anticipate menu prices in the U.S. to increase to roughly six percent this year despite the fact that McDonald's reported strong third-quarter results on Wednesday.That'sCompared to last year, higher-ups at the fast-food chain anticipate menu prices in the U.S. to increase to roughly six percent this year despite the fact that McDonald's reported strong third-quarter results on Wednesday.

Taming the pandemic in Asia and elsewhere would reduce disruptions in manufacturing for semiconductors. Those chips are in particularly short supply, hindering production of cars and other technology-dependent goods.

But the pandemic has defied predictions so far, leaving forecasts for inflation and other economic indicators in doubt.

"The significant reason why prices are up is because of Covid affecting the supply chain," President Joe Biden said Tuesday at a news conference closing out his overseas trip in Glasgow, Scotland.

The President declined an invitation to specify when supply chains might be repaired. He expressed confidence only that Americans will prefer conditions this Thanksgiving to last year's holiday.

Supply chain crisis gives once invisible shipping industry record profits and new adversaries .
The business dominated by a handful of European and Asian companies finds itself at the center of a logistics crisis that could rewrite the rules of global trade.Exported from the International Trade City here, a wholesale market the size of 1,000 football fields, the toys for years have found their way across the world on ocean freight. But a once fast and cheap shipping network — accounting for 90% of global trade — has been upended by the pandemic and a supply chain crunch that has been roiling the ports of Los Angeles and Long Beach.

usr: 1
This is interesting!