The Biden administration has claimed credit for easing the backlog of cargo ships at Los Angeles and Long Beach, but the problem merely shifted east, and the cargo jam is now at record levels if East Coast ports are included.
The Chinese technology company Xiaomi announced the delivery of its first made-in-Vietnam phone handsets this week, the South China Morning Post revealed on Thursday, the latest Chinese company to move manufacturing power out of its home country in light of the Communist Party’s seemingly endless Chinese coronavirus lockdowns.
China’s state-run Global Times on Monday reversed a good deal of spin from Beijing by admitting that U.S. demand for Chinese goods is falling sharply enough to damage the Chinese economy.
Empty shelves spotted in the female hygiene sections in stores across the country are serving as the latest sign of a worsening supply chain crisis, as the country still reels from a baby formula shortage.
During an interview aired on Tuesday’s broadcast of CNN’s “Situation Room,” Treasury Secretary Janet Yellen admitted that she “was wrong” about inflation and that while “unanticipated and large shocks to the economy” are a part of the reason, she also “didn’t
On Tuesday’s broadcast of the Fox News Channel’s “Fox & Friends,” Arkansas Gov. Asa Hutchinson (R) stated that President Joe Biden is correct that supply chain problems have to be addressed, but Biden messed up the supply chain for energy,
Republican governors presented President Joe Biden with a list of demands on Thursday aimed at easing the nationwide baby formula shortage.
China’s state-run Global Times on Thursday claimed outsiders misunderstand Beijing’s increasingly bizarre “dynamic zero-Covid” strategy, and fail to appreciate how China is somehow saving the global economy tomorrow by brutally locking down cities, shuttering factories, and snarling supply chains today.
A Tennessee man has begun farming his own fish as inflation has sent grocery store costs through the roof, according to a report.
Wynter Balthrop needs a specific hypoallergenic baby formula for her eight-month-old and can’t find it. Now she has no choice but to feed her daughter a formula that upsets her little stomach.
Secretary Pete Buttigieg on Tuesday was slammed for filming an advertisement to further expand the Department of Transportation (DOT) while the supply chain crisis persists.
In short order we will start to see the effects of China’s COVID “static management” lockdown in global supply chains and the supply of goods in the United States.
As the global food crisis worsens thanks to the ongoing war in Ukraine, wholesale prices in Germany have spiked, seeing their greatest yearly rise in 60 years.
Supplies of potato chips and various types of confectionery are now under threat as a result of disrupted export caused by sanctions and the Ukraine War.
A prolonged shutdown in China could mean higher inflation in the U.S., and that’s likely to weigh on the minds of Fed officials as they meet this week to discuss their interest rate target.
Florida Gov. Ron DeSantis (R) announced Friday that the global shipping company Sea-Lead Shipping is moving part of its operations from California to Jacksonville, Florida — another victory for the governor, whose state’s ports have increased capacity to help alleviate the nationwide supply chain crisis.
A senior EU official has warned that the European agri-food sector is going to face serious ‘pain’ as a result of the Russian invasion of Ukraine
The Port of Long Beach is not yet at 24/7 operations, despite President Joe Biden’s promise in October that the crucial cargo facility would be shifting to a round-the-clock schedule to alleviate a backlog of cargo ships that is hurting supply chains.
Containers have been removed from docks — but have been replaced with outbound containers, and the backlog of ships has spread beyond L.A. and Long Beach.
Truckers protesting the Canadian government’s vaccine mandate are converging on Ottawa, a fundraiser for the convoy raising over $4m.
Former Navy SEAL Derrick Van Orden said Joe Biden has not fulfilled a single campaign promise in his first year in office and instead has been a disaster for America.
Only four percent say the economy has recovered under Joe Biden’s leadership, a YouGov poll released Wednesday revealed.
Transportation Secretary Pete Buttigieg was hailed as the man who “saved Christmas” on Tuesday over his handling of the supply chain crisis as Americans around the country shared photos of empty grocery shelves on social media.
Outgoing Los Angeles Mayor Eric Garcetti was effusive in his praise for Secretary of Transportation Pete Buttigieg on Tuesday, saying he “saved Christmas” — though supply chain problems continue.
#BareShelvesBiden has been trending on Twitter as shoppers use the slogan when posting pictures of empty and sparse grocery store shelves.
Appearing on the Fox News Channel, Gristedes CEO John Catsimatidis warned of a possible shortage of meat and eggs as a growing number of Omicron coronavirus variant cases puts pressure on the supply chain in the United States.
Economic nationalism, centered on reshoring manufacturing back to the United States, is the strongest policy solution to President Joe Biden’s record inflation, most likely voters say.
Demand fell as customers worked through inventory backlogs. Shortages continue to hinder the ability of manufacturers to produce finished goods.
The year 2021 has ended with terrible news headlines for the Biden administration after months of failed governance.
While there have been improvements at the ports, thanks both to public and private initiatives, the cargo crunch is almost bad as it has ever been.
It was right there all along!
President Joe Biden joked about inflation and supply chain disruptions on Wednesday, admitting it would “cost Santa some money” to get gifts out to children this year.
Amtrak on Thursday revealed plans to reduce services in 2022 over its employees’ defiance of President Biden’s vaccine mandate.
United States Treasury Secretary Janet Yellen, an economic globalist, is seemingly waving the white flag on globalism, suggesting that economic nationalist policies will be “necessary” to reshoring supply chains to the U.S. from overseas.
Seventy-five percent of small businesses are being pounded by the supply chain crisis and thirty-year high inflation, a CNBC survey revealed Tuesday.
One hundred twenty-three massive transatlantic ships Monday were waiting to unload cargo at California’s Los Angeles and Long Beach and ports.
A.P. Moller-Maersk A/S, the world’s largest shipping company, on Wednesday announced it would pay $1,000 bonuses to each of its 80,000 employees after projecting a record $17 billion in profits for 2021.
The record-breaking November reading for ISM’s services measure was pumped up by inflation and supply chain problems.
Rep. Cindy Axne, the lone vulnerable congressional Democrat from Iowa, reversed course on inflation Thursday, calling for House Speaker Nancy Pelosi (D-CA) to pass legislation addressing the ongoing supply chain problem, which has caused a massive spike in inflation.
The Biden administration on Wednesday blamed the Omicron coronavirus variant for continued economic supply chain woes.
