93% of Amazon sellers lost revenue from supply chain disruptions
Much has been written, and even more discussed, about the supply chain chaos that overwhelmed the U.S. economy in 2021. While this year has leveled off, there are still record backlogs of container ships off the West Coast, product shortages, worker shortages and rising freight rates.
2022 supply chain outlook features shortages, high delivery costs
While supply chain woes aren’t expected to disappear in 2022, this year could mark a turning point.
Biden order will aim to raise wages for infrastructure jobs
President Joe Biden will require large federal infrastructure projects to use project labor agreements, a collective bargaining measure the administration says will tilt the rules toward companies with higher-paid workers.
High parcel demand means another year of ‘firm pricing’ for UPS
Parcel carrier capacity is expected to remain tight in 2022, UPS CEO Carol Tomé said on the company’s earnings call Tuesday, which would allow carriers to maintain their pricing power as shippers continue to fight for limited space in delivery networks