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Supply Chains in Crisis: Page 125

FedEx, UPS Turn Holiday Surge Into Someone Else’s Problem

Retailers have increasingly turned to regional couriers to help shuffle packages that delivery titans UPS and FedEx can’t — or won’t.

Packages move down a chute at a United Parcel Service Inc. (UPS) Worldport facility in Louisville, Kentucky. Photo: Bloomberg.

Black Friday Spending Fell for the First Time Ever

Online spending totaled $8.9 billion on Black Friday, a number that was at the low end of expectations and slightly less than last year, according to the latest tally from the Adobe Digital Economy Index.

A person carries a Nike Inc. branded shopping bag. Photo: Bloomberg.

There May Be Enough Turkeys for Thanksgiving, But at a Price

The cost of a traditional Thanksgiving Day feast has risen 14% this year, while the bird’s price tag has jumped 24%.

Photo: Karolina Grabowska/ Pexels.

West Coast Dockworkers Reject Contract Extension, Seek Talks

The union representing about 15,000 dockworkers at the U.S.’s largest ports declined an offer by employers to extend existing labor contracts for a year, setting the stage for heated negotiations.

A truck stops at the Port of Long Beach. Photo: Bloomberg.

Broken Supply Chains Threaten Ruin at a Growing Number of Small Firms

A growing cohort of smaller companies that survived the cold depths of the pandemic say now they’re in danger because the economy is too hot.

Photo courtesy of the Port of Los Angeles.

Containers Waited a Record 7.6 Days at L.A. Ports in October

The number of days containers are waiting to be picked up by trucks at California’s neighboring ports of Los Angeles and Long Beach climbed to a record in October, just before officials announced a new plan to clamp down on the backlog in collections.

Shipping containers are stacked at the Port of Los Angeles. Photo: Bloomberg.

Global Water Supplies: The Most Serious Shortage of All

The high-profile but temporary unavailability of semiconductors and other industrial components is getting a lot more coverage these days than the chronic shortage of an even more vital resource: water.

A diner pours water into a glass. Photo: Getty Images.

Coffee Supply Crisis Means More Expensive, Bitter Tasting Brews

Coffee snobs have a lot to worry about right now. A global shortage of beans is already threatening to push up prices at cafes and supermarkets. Now, your morning cappuccino or latte might start leaving a bitter taste for other reasons too.

A barista serves a latte. Photo: Kevin Menajang/ Pexels.

Port Congestion Eases in Asia While U.S. Battles Import Deluge

Asia’s largest ports are showing signs that congestion is easing ahead of the holiday season, a potentially positive step for key trade gateways in the U.S. that are still battling an influx of imports.

A container ship leaves the Port of Ningbo-Zhoushan in Ningbo, China. Photo: Bloomberg.

Global Food Prices to Stay High on Labor Crunch, Cargill CEO Says

Food prices will likely stay elevated in 2022 as disruptions to the global supply chain are set to persist, according to the head of Cargill, who highlighted labor shortages as one of the biggest risks facing the industry.

A gantry crane loads a shipping container filled with corn for export from a grain terminal operated by Cargill Inc. Photo: Bloomberg.

Nearly Half of Retailers Are Pessimistic About Sales This Holiday Season

Nearly 50% of retailers aren’t optimistic about meeting demand this holiday shopping season, a new report shows.

Photo: Pexels.

California Increases Truck Weight Limits to Ease Port Snarls

California will increase weight limits for trucks carrying goods in and out of its ports in an effort to ease supply chain bottlenecks and clear containers off the docks of Los Angeles and Long Beach.

A truck stops at the Port of Long Beach. Photo: Bloomberg.

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