Despite reports to the contrary, shelves for the previous holidays are fully stocked. That was the message delivered by President Joe Biden's Supply Chain Disruptions Task Force on Wednesday, three days before Christmas. "We're making real and sustained progress at the ports — there's increased fluidity and velocity in the...
Small carriers are suffering greatly as a result of the I-95 closure
The powerful snowstorm that hit the mid-Atlantic on Monday caused enough accidents to shut down Interstate 95 in Virginia for nearly 50 miles, from just south of Washington to just north of Richmond. Snowfall was heavier than expected, and roads quickly froze over. Hundreds of truckers and other drivers were...
A new index measures supply chain pressure and find it to be extremely high
The Global Supply Chain Pressure Index, developed by researchers at the New York Federal Reserve, is a new way to measure the logistics chaos that is being blamed for some of the rise in consumer prices (GSCPI). The new metric combines 27 indicators, including two shipping indices, the Baltic Dry...