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News & Articles By Arsenio Toledo
11/09/2021
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By Arsenio Toledo
Supply chain crisis preventing California farmers from delivering their harvests
California farmers are now feeling the impact of the supply chain crisis as they struggle to transport crops out of their farms due to a shortage of truck drivers, a lack of space at warehouses and heavy congestion at the ports. This economic disease is affecting California farmers amid a historic drought that is threatening future […]
11/05/2021
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By Arsenio Toledo
Food pantries strongly affected by supply chain crisis, unable to provide food to thousands of people
Food pantries all over the country are finding it increasingly difficult to provide services to people in need within their respective areas amid the supply chain crisis. According to the American Farm Bureau Association, many families will likely have to pay around five percent more for most of the ingredients and other food items they will need […]
11/04/2021
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By Arsenio Toledo
Federal Reserve expected to raise interest rates earlier than expected due to rapid inflation
Banks and financial experts are predicting that the Federal Reserve will raise its rates earlier due to persistent inflation. In one of the Fed’s latest statements regarding raising interest rates, Chairman Jerome Powell said the central bank will not raise rates just yet because the country’s employment rate is still too low. Powell believes the country’s current period […]
11/04/2021
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By Arsenio Toledo
Supply chain crisis threatening global economy expected to continue into the holidays
The supply chain crisis is threatening to stall not just America’s economic recovery but the entire global economy. New indicators from Bloomberg Economics predict that if the world is unable to quickly come together and deal with the global supply chain crisis, there is a chance that the whole situation will get much worse and cause a […]
11/03/2021
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By Arsenio Toledo
Truck driver warns supply chain crisis will not end unless port congestion, labor shortage and other long-term issues are resolved
A truck driver broke down all of the issues affecting America’s supply chains, saying that unless these factors are properly addressed the country’s supply chain crisis will not end. Ryan Johnson, a unionized truck driver affiliated with the Teamsters, wrote in a post on the blogging and online publication website Medium that all of the factors causing […]
11/03/2021
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By Arsenio Toledo
Supermarkets are unable to predict which products will experience shortages each week
Supermarkets all over the United States are preparing for shortages of popular products. They are forced to change how they operate to deal with the persistent shortages during the supply chain crisis. Some of the most prominent changes include expanding their storage space to allow them to stock up on more goods, curbing discounts or getting […]
11/03/2021
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By Arsenio Toledo
Global supply chain crisis slows down UK’s manufacturing output growth
Disruptions in the global supply chain have slowed down manufacturing output in the United Kingdom. This drastic loss in momentum is threatening the country’s post-Wuhan coronavirus (COVID-19) lockdown economic recovery. The main factors affecting manufacturing output are the shortages in both supplies and labor. Market information company IHS Markit said that many companies across the U.K. […]
11/01/2021
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By Arsenio Toledo
Over 100,000 workers are currently on strike and could collapse the economy, but Biden is doing nothing to reactivate productive members of society
More than 100,000 American workers are currently on strike – a culmination of nearly two years of labor unrest that started when the government forcibly shut down entire industries in early 2020. But instead of helping resolve the labor disputes and keep the economy from crashing, President Joe Biden is standing on the sidelines. Since the Wuhan coronavirus (COVID-19) pandemic lockdowns […]
11/01/2021
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By Arsenio Toledo
Global food costs will continue to rise due to surge in prices of oil and gas
Oil and gas prices are soaring due to the combined forces of slowdowns in production and increased demand for fuel. Market analysts believe the continued oil and gas crunch will have a severe knock-on effect on the prices of food. Oil and gas had a difficult year and a half due to a combination of […]
10/31/2021
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By Arsenio Toledo
Small businesses unable to cope with increased prices caused by port congestion
Small businesses are feeling the brunt of the congestion in America’s ports and supply chains. While larger corporations are expanding their operations to keep up with demand, smaller businesses can’t scale up their services and are being left in the dust. Multiple companies have committed to expanding their operating hours to help ease the congestion at the […]
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