The Federal Trade Commission (FTC) will extend the deadline to submit comments as part of its inquiry into supply chain disruptions, a press release says. The FTC said in November that it planned to take comments on how supply chain issues have affected competition in...
Two years into the pandemic and the supply chain issues it has caused, businesses of all sizes are weary of the added complexity around maintaining stock, experiencing shortages and dealing with price increases. “We hear people talk about the global pandemic, the ‘Where is my...
It seems as if world wars have caused less disruption to domestic freight and trucking than this endless pandemic, but the entire sector is decades past due for a systems overhaul, anyway. Like so many industries blindsided by the global health crisis, the highway freight...
As the pandemic winds on into its third year, waves of new virus variants continue to wreak havoc with supply chains. Firms responsible for taking goods through each step on the journey from manufacturing to customers’ doorsteps find themselves short-staffed as new restrictions take shape...
Blue Apron continues to incur losses while making moves toward long-term profitability. Blue Apron announced Thursday (Feb. 10) a 7% year-over-year revenue decrease in the fourth quarter of 2021 and a $26.4 million net loss, nearly three times its $10 million Q4 2020 losses. Amid...
More than half of the world’s people live in cities. They have no connection to how food is produced or distributed. They just expect it to be on the shelf when they want it. At least, that’s how it’s worked for the better part of...
“Build a better mousetrap, and the world will beat a path to your door.” So goes the old saying. But when Amazon Robotics Fulfillment scoffed at an imminent warehouse automation revolution back in 2014, at least one firm thought it could do it better —...
Although sales of mainstream vehicles suffered last year amid supply-chain disruptions, some carmakers had a pretty good 2021. As The Wall Street Journal reported Monday (Jan. 17), luxury brands such as BMW, Rolls-Royce and Porsche reported record sales last year, as wealthier consumers turned to...
With a greater demand for groceries, high freight costs and labor shortages spurred by omicron, Reuters reported Sunday (Jan. 16) that processed food and fresh product companies have seen more backlogs, resulting in barren supermarket shelves. That is occurring even at the biggest retailers in...