Retail Import Growth Levels Out But Volume Remains High

Retail Import Growth Levels Out But Volume Remains High

The US is likely past the worst of its supply-chain nightmare. But recent improvements haven’t been enough to cool inflation, and the latest data suggests prices will keep soaring for the rest of the year. The country’s inflation problem is a two-pronged issue. The shipping delays and port bottlenecks of late 2021 left businesses with…

Global Supply Chains Near Make-or-Break Point for Easing in 2022

Global Supply Chains Near Make-or-Break Point for Easing in 2022

Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. Citigroup, New York Fed economists zoom in on supply headwinds Gauges should help economists better measure speed of recovery Global supply chains are nearing a…

A perfect storm for container shipping

A perfect storm for container shipping

Will prolonged disruptions shift the pattern of trade? A giant ship wedged across the Suez canal, record-breaking shipping rates, armadas of vessels waiting outside ports, covid-induced shutdowns: container shipping has rarely been as dramatic as it has in 2021. The average cost of shipping a standard large container (a 40-foot-equivalent unit, or feu) has surpassed $10,000, some…

The World Economy’s Supply Chain Problem Keeps Getting Worse

The World Economy’s Supply Chain Problem Keeps Getting Worse

A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy. Manufacturers reeling from shortages of key components and higher raw material and energy costs are…

Inflation Should Be an Important Consideration in Your Supply Chain Strategy

Inflation Should Be an Important Consideration in Your Supply Chain Strategy

As a business leader, you have had to deal with numerous challenges in recent years: the Covid-19 pandemic, criminal cyberattacks, extreme weather events, geopolitical tensions, and more. Now you can add inflation woes to your list of potential challenges. Shifting Central Bank Priorities In the 2010s, inflation in major economies was largely at historically low…