After two years of port congestions and container shortages, disruptions are now easing as Chinese exports slow in light of waning demand from Western economies and softer global economic conditions, ...
Tag: Snarls
Tesla Slumps as Deliveries Disappoint Due to Logistic Snarls
(Bloomberg) — Tesla Inc. shares dropped in early trading after the carmaker blamed a disappointing deliveries report on shipment issues that increased the number of vehicles that were on their w...
Deere Plunges Most Since 2008 on Supply Chain Snarls, Inflation
(Bloomberg) — Deere & Co. slid the most in 14 years after the world’s largest manufacturer of agricultural equipment was the latest major US company bruised by supply chain snags and rising ...