Omicron is the Scrooge

Omicron sweeps across the nation — 73% of United States COVID-19 cases. Omicron has raced ahead of other variants and is now the dominant version of the coronavirus in the U.S., federal health officials said Monday.

Coronavirus is disrupting the Christmas holiday — As people start to travel for the holidays, doctors warn the surge in Covid-19 cases could continue thanks to the more transmissible Omicron variant.

Business Closures increasing —The pandemic resulted in the permanent closure of...

https://www.freightwaves.com/news/omicron-is-the-scrooge

Transmission: Does Tesla face a demand constraint?

Here’s what’s cookin’ today in Transmission:

  • GSCW recap: How blockchain can transform tire distribution
  • Does Tesla face a demand constraint?
  • Industry news

GSCW recap: How blockchain can transform tire distribution

If you registered to be a part of FreightWaves’ Global Supply Chain Week, then there’s a solid chance you stumbled upon the interview I conducted with Rak-Joon Choi, the VP of blockchain and supply chain digitization at American Tire Distributors.

Throughout the conversation, Rak...

https://s29755.pcdn.co/news/transmission-does-tesla-face-a-demand-constraint

Consumer goods group lobbies for federal ‘air traffic control’ for trucks

The consumer packaged goods (CPG) industry wants the federal government to get involved in initiatives that measure freight demand — currently deployed solely by the private sector — to get a more accurate picture of available trucking capacity.

The proposal was included in a study released Tuesday sponsored by the Consumer Brands Association (CBA), the Council of Supply Chain Management Professionals and Iowa State University. The purpose: Identify, through industry comments and suggestions,...

https://s29755.pcdn.co/news/consumer-goods-group-lobbies-for-federal-air-traffic-control-for-trucks

Maersk Witnesses Scant Relief in Congested Supply Chains

With little excess shipping capacity amid high demand, there is scant relief on the horizon in congested supply chains, reports the Wall Street Journal.

Demand to stay at the top

Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shippers and carriers adapt to shifts in supply chains driven by the coronavirus pandemic, according to Robbert van Trooijen, senior vice president for Latin America and the Caribbean at Maersk Line parent...

https://mfame.guru/maersk-witnesses-scant-relief-in-congested-supply-chains/

Lead times longer, sourcing patterns in disarray due to COVID-19 volatility

Lead times longer, sourcing patterns in disarray due to COVID-19 volatility (Photo: Unsplash)

The COVID-19 pandemic has upended global supply chains, as logistics stakeholders struggle with sourcing amid rising and waning infection trends across countries. The volatility with supply and demand has inevitably hit lead times, as suppliers struggle to source raw materials during shutdowns and trade wars.

With highly global sourcing patterns and complex use cases, the electronics value chain has become one of the hardest-hit supply chains during the pandemic. 

The core manufacturing capacity...

https://www.freightwaves.com/news/lead-times-longer-sourcing-patterns-in-disarray-due-to-covid-19-volatility

Capsize Market Tumbles Following Poor Demand

  • Pacific Capesize rates plunge sharply in July amid excess vessel supply due to lack of demand.
  • Sharp fall in Capesize time charter equivalent rates in July after breaching the key $30,000/day level in end-June amid availability of spot vessels for trips within the Pacific.
  • The time charter equivalent rate for a non-scrubber fitted Capesize vessel opening in north China to move iron ore from Western Australia to China was at $15,109/d on July 21.
  • This is down about 58% from $35,716/d noticed on...

https://mfame.guru/capsize-market-tumbles-following-poor-demand/

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