article thumbnail

Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

While there is in fact enough natural gas to make it through until the warmer months hit, lack of budget and pricing regulations have resulted in a shortage ( New York Times ). Analysts told Reuters , this glut will weigh on spot prices and premiums for transport and industrial fuel in Asia.

Asia 62
article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Increased Shipping Costs, Delays, and Transportation Issues. In December 2022, The United States Department of Transportation awarded grants totaling over $241 million to support ports. ( Department of Transportation ). New York Times).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

In the report, ATA projects the shortage to reach 50,000 by the end of 2017 and if current trends hold the shortage could grow to more than 174,000 by 2026. According to the American Transportation Research Institute , driver wages and benefits increased by 5 percent and 18 percent, respectively, in 2016. Earlier this year U.S.

article thumbnail

Musk's Electric-Car Vision Doubted by Major Auto-Parts Suppliers

Material Handling & Logistics

said August 8 at a JPMorgan conference in New York. And investors seem inclined to reward those trying to transform transportation, with all-electric Tesla surpassing the likes of Ford Motor Co. I would probably say that too if I ran an electric vehicle company,” he said in an interview on July 8 in New York. “We