Check out this 60 Minutes segment “What’s caused America’s supply chain crunch?” on the United States’ supply chains that are failing under the weight of imports from pandemic-fueled consumer spending. The segment aired last night, November 14, 2021.
60 Minutes follows the U.S.’ struggling supply chain, from choked ports on the West Coast, to packed rail yards in Chicago. Along the way, we found finger-pointing, huge profits, and massive losses.
Check it out:
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US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen's Houthis after deadly attacks this week by the militia.
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least temporarily.
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