Risk and Resilience: Page 49
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European, US manufacturers shut down as China comes back online
Factory shutdowns will quickly ripple through the supply chain to impact the suppliers, logistics partners and other businesses that work with manufacturers on a regular basis.
By Matt Leonard • Updated March 24, 2020 -
53% of US manufacturers expect operational impact from coronavirus: survey
Operational changes include the implementation of business continuity plans involving workplace sanitation, limiting in-person interaction and managing shifts to account for an uptick in worker absences, according to The National Association of Manufacturers.
By Matt Leonard • March 17, 2020 -
Explore the Trendline➔
Justin Sullivan via Getty ImagesTrendlineSustainable supply chains
Amid pressure from consumers, investors and governments, companies are scrambling to measure and reduce the impact of their supply chains on the world.
By Supply Chain Dive staff -
PwC: Coronavirus is moving supply chain into the board room
In a survey conducted last week, 90% of 50 the CFOs said if the coronavirus outbreak disappeared today, it would take their companies three months or less to regain normal function.
By Emma Cosgrove • March 17, 2020 -
Trucking demand surges as retailers restock
Analysts said demand spikes and spot rate increases are "directly attributable" to the COVID-19 outbreak as retailers attempt to restock depleted stores.
By Matt Leonard • March 17, 2020 -
IGA looks to China operations for coronavirus guidance
Chinese supermarkets stretched to the limit by the crisis offer a glimpse of the challenges and solutions that grocers in the U.S. face.
By Sam Silverstein • March 16, 2020 -
National Institute of Allergy and Infectious Diseases. (2020). "Novel coronavirus SARS-CoV-2" [Microscope image]. Retrieved from https://www.flickr.com/photos/nihgov/49535193876/in/album-72157713108522106/.
CDC chief: Certain materials critical to coronavirus tests 'now are in short supply'
Separately, the government announced funding for development of COVID-19 diagnostic tests meant to detect the pathogen in about an hour.
By Greg Slabodkin • March 13, 2020 -
62% of procurement, supply chain managers experiencing supplier delays from China
Companies that shifted sourcing to countries outside of China, such as Vietnam, could be better positioned to weather coronavirus-related disruptions, according to the Institute for Supply Management.
By Morgan Forde • March 12, 2020 -
Airfreight rates from China to US climb 27% in 2 weeks as demand surpasses capacity
Flight cancellations out of China have removed 5,100 tons of capacity from China per day on average, which has led to a 36% year-over-year decline in total airfreight capacity out of mainland China.
By Matt Leonard • March 12, 2020 -
EU travel restrictions to decrease transatlantic air cargo capacity
Though cargo-only flights are not restricted, removing belly cargo space from commercial flights will take a significant bite of out of market capacity on the affected routes.
By Emma Cosgrove • March 12, 2020 -
"View from The Pinnacle@Duxton to one of the Ports, Singapore" by Zairon is licensed under CC BY-SA 4.0
3 ways to manage coronavirus risk in the supply chain
Even as China operations come back online, the risk to global supply chains is far from over, panelists said at Modex as they offered tips to mitigate challenges.
By Shefali Kapadia • March 11, 2020 -
Union Pacific to tackle emissions reduction with science-based targets
Railroads are one of the lowest-emissions freight modes available, but a longstanding close relationship with the coal industry complicates their record on climate issues.
By Emma Cosgrove • March 11, 2020 -
44% of supply chain pros have no plan for China supply disruption
There are signs companies are struggling with visibility and shipping out of China, but there is no indication this has resulted in U.S. factories shuttering, even temporarily.
By Matt Leonard • March 11, 2020 -
Goldman: Coronavirus could reduce profits 3.6% for manufacturers
The estimate was based on an average production utilization rate of 50% for the month of February and a 30% reduction in Chinese demand over the next six months.
By Matt Leonard • March 10, 2020 -
Coronavirus adds hurdle for air cargo industry saddled with demand slump
Airfreight demand was down YoY for 2019 and the full impact of the COVID-19 outbreak won't show up until the February numbers are released next month, according to the International Air Transport Association.
By Matt Leonard • March 9, 2020 -
Nike, retail groups respond to report documenting forced Uighur labor in supply chains
A joint statement from four leading retail industry groups called on the U.S. government to form a multi-stakeholder working group to find solutions.
By Emma Cosgrove • Updated March 12, 2020 -
Logistics Manager's Index reaches historic low
The sector remains in growth territory, but at the slowest rate recorded since 2016. Can it wait out slowdowns from the coronavirus outbreak?
By Morgan Forde • March 5, 2020 -
Chinese port calls trend toward normalcy
Figures from Clarksons Platou Securities, a maritime brokerage, suggest port calls have already surpassed 2019 levels.
By Matt Leonard • March 4, 2020 -
US manufacturing hit by coronavirus but maintains growth
Although the purchasing managers index found the manufacturing sector just within growth territory, coronavirus-related complications are causing supply delays and longer lead times.
By Morgan Forde • March 3, 2020 -
Do more robots mean a safer warehouse?
Fulfillment robotics pledge to make workers' jobs easier, but whether those jobs are safer is open for debate — even among those making and selling the technology.
By Emma Cosgrove • March 3, 2020 -
Levi's CEO: Reducing China operations during trade war mitigating coronavirus impact
The company is also keeping an eye on the virus' spread to Europe where it could affect another key segment of its production and supply base.
By Morgan Forde • March 3, 2020 -
Blank sailings, demand drop could cost carriers a combined $1.9B
More blank sailings have been announced, but the pace has slowed and experts are optimistic.
By Matt Leonard • March 3, 2020 -
High fuel costs, overcapacity and contract delays threaten ocean shipping in 2020: report
Shippers have some leverage to push for pricing transparency, but many carriers' ability to survive current fuel prices and freight demand will depend on whether they can successfully implement price increases.
By Morgan Forde • March 2, 2020 -
"G.Tech Technology Factory Zhuhai China" by Chris from Shenzhen, China is licensed under CC BY-SA 2.0
China manufacturing index dips below recession levels amid coronavirus response
Though demand weakened in February, the Caixin index showed new export orders were nowhere near the lows recorded in 2008 and factories have much to do when they resume function.
By Emma Cosgrove • March 2, 2020 -
FDA reports first drug shortage due to coronavirus impact
Supplies of the drug, which the FDA did not identify, ran short as a result of issues at a site that produces the active ingredient. Other options are available, the agency said.
By Ned Pagliarulo • Feb. 28, 2020 -
TQL cyber breach is latest example of the industry's vulnerability to hacking
The cyberattack compromised its carrier portal, potentially granting access to, "carrier accounts, including, in many instances, tax ID numbers and bank account numbers," according to the company's website.
By Morgan Forde • Feb. 28, 2020