NY Fed Develops New Index to Measure Global Supply Chain Pressure
A group of New York Fed researchers has developed a new index to measure the critical factors underlying all global economic activity-supply chains.
Candy Canes Now Running Out of Stock in Shortage-Hit Christmas Season
Congestion at ports and labor shortages in the trucking industry have driven peppermint-flavored candy canes out of shelves with Christmas shoppers having to content themselves with fruit-flavored alternatives.
Long Beach Breaks Through the Supply Chain Bottleneck
"Cargo aging at the port is now down 37 percent, which is a major improvement," stated Richard F. de la Torre, community information officer of Long Beach City Development Services in a Dec. 8 email.
'People Are Hoarding': Executives Issue Warning on Possible Food Shortages
Some executives are issuing warnings that there might be food shortages nationwide due to supply chain bottlenecks.
US Retail Sales Reveal Surprise Increase in September Despite Ongoing Supply Shortages
The U.S Census Bureau announced Friday a 0.7 percent increase from August in American retail sales.
One of World's Largest Port Operators Warns Global Supply Chain 'Crisis' Will Last Longer Than Expected
Speaking to Bloomberg News, Dubai's DP World Chairman and CEO Sultan Ahmed Bin Sulayem said he expects bottlenecks to continue until 2023. The issues will result in higher costs for shipping goods, he warned.
Challenges Faced by Family Businesses
One of the key issues faced by family businesses is attracting high-performing 'non-family' talent