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Supply chain - Page: 3
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.
The production index rose to a reading of 24.2 in September, up 3.4 percentage points from 20.8 in August.
Richard Galanti, Chief Financial Executive of Costco, told participants on an earnings call on Sept. 23 that the company was facing supply chain issues and inflationary pressures.