Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Cargo owners should brace for a “cliff event” similar to the turmoil in the early ...
© Cammeraydave
US companies are unlikely to make significant moves in global sourcing strategy over the coming three months as the government conducts a strategic review of the nation’s supply chains.
On 24 February, President Biden signed an executive order for a 100-day review of critical supply chains to identify vulnerabilities, following the shortage of semiconductors that has disrupted car production. The review targets four groups of critical goods as well as six sectors of industry.
Besides semiconductors, the critical goods comprise pharmaceutical APIs, ...
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