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Global Supply Chains in Flux as U.S. Tariffs on Canada, Mexico, and China Take Effect

Logistics Viewpoints

auto parts are sourced from Mexico, making the tariff impact immediate and severe. Major tech firms are shifting chip production to Taiwan, South Korea, and Southeast Asia to reduce dependence on China. Approximately 40% of U.S. Vehicle production costs in the U.S. Conclusion: A New Reality for Global Trade?

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This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The USDA has estimated that 30 percent of food loss occurs during agricultural production and harvest.

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

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.

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Doing Business in Japan

QAD

Though, as the country has relied less on nuclear energy and imported fuels, thermal power has become the country’s largest energy source. Japan is also enabling alternative power sources that should help the manufacturing sector. China, South Korea, Hong Kong and Thailand. Australia, South Korea and Saudi Arabia.

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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S.

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How COVID-19 is Battering Australia’s Imports and Exports

Logistics Bureau

South Korea, $28.7 Source Australian Bureau of Statistics. Refined petroleum: Australia sources most of its refined petroleum products from Singapore, which, with 138+ confirmed cases, is also in the COVID-19 firing line. Top Five Trading Partners and Value (in AUD) of Imports to Australia in 2019. China, $ 71.3

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Build Resilient Supply Chains That Weather Disruptions 

Logility

As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.