Global trade at the crossroads: Risks from geopolitics, inflation loom

U.S. importers remain heavily reliant on Chinese producers and the relationship between the two nations continues to deteriorate. Globalization is in retreat. The super-lean “just-in-time” inventory model may never recover. The outlook for future fuel costs is ominous.

Read More Here Freightwaves

 

Air cargo spot rates keep falling with no sign of a peak season turnaround

Air freight spot rates fell 9% YoY in September as capacity growth continued to outpace demand, according to a news release from Clive Data Services last week.  

Read More Here Supply Chain Dive

 

U.S. suppliers halt operations at top Chinese memory chip maker

China’s memory-chip industry is already facing a shortage of U.S. parts and labor. The Wall Street Journal reports that some of America’s leading chip-equipment manufacturers are pulling workers from China’s largest chip maker because of new restrictions on semiconductor exports.

Read More Here Supply Chain Brain