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Supply Chain

Business
These Foods Expected To See Biggest Price Increases This Year, USDA Says These Foods Expected To See Biggest Price Increases This Year, USDA Says
These Foods Expected To See Biggest Price Increases This Year, USDA Says As consumers navigate the aisles in 2025, the cost of food remains a pressing concern.  The US Department of Agriculture (USDA) has released its 2025 Food Price Outlook, forecasting trends that will shape grocery store receipts and restaurant bills in the months ahead. What’s Ahead for Food Prices? According to the USDA, overall food prices are expected to rise by 2.2 percent in 2025. While this is comparable to 2024’s rate, it remains slower than the historical average. However, variations in price changes across different food categories could impact consumer spending habits. Groce…

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by Joe Lombardi
Business
East Coast Ports Dodge Shutdown As Dockworkers Reach Tentative Six-Year Deal East Coast Ports Dodge Shutdown As Dockworkers Reach Tentative Six-Year Deal
East Coast Ports Dodge Shutdown As Dockworkers Reach Tentative Six-Year Deal Dockworkers and port companies have come to a tentative agreement on a new six-year deal, avoiding another work stoppage that would cause major shipping disruptions along the East Coast. The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) announced the tentative agreement in a joint news release at night on Wednesday, Jan. 8. The deal aimed to avoid another potential strike on Wednesday, Jan. 15. The ILA and USMX agreed to extend the current master contract until ILA representatives can convene for a ratification vote and USMX members can final…

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by Chris Spiker
Business
Nissan, Honda Eye Potential Merger Nissan, Honda Eye Potential Merger
Nissan, Honda Eye Potential Merger Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification.  Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…

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by Joe Lombardi
Business
Online Grocer Launches Private-Label Brand To Ease Supply-Chain Concerns Online Grocer Launches Private-Label Brand To Ease Supply-Chain Concerns
Online Grocer Launches Private-Label Brand To Ease Supply-Chain Concerns A popular online grocery platform is launching its first-ever private label of prominent pantry products as the country contends with continued supply chain concerns and inefficiencies. Misfits Market, known for its focus on accessibility, affordability, and sustainability, launched “Odds & Ends,” on Wednesday, April 13, representing the company’s first private label of items. Odds & Ends includes pantry staples such as coffee, nuts, dried fruit, and dark chocolate-covered mini pretzels and was designed to address supply chain issues by working directly with farmers and other sour…

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by Zak Failla
Business
Amazon Adds New 'Fuel, Inflation' Surcharge To Seller Fees For Prime Shipments Amazon Adds New 'Fuel, Inflation' Surcharge To Seller Fees For Prime Shipments
Amazon Adds New 'Fuel, Inflation' Surcharge To Seller Fees For Prime Shipments A new "fuel and inflation surcharge" on third-party sellers who ship through Amazon will be added by the e-commerce giant. The five-percent increase will take effect on Thursday, April 28, and will include products purchased before that date. The surcharge could apparently increase or decrease in the future. "In 2022, we expected a return to normalcy as COVID-19 restrictions around the world eased, but fuel and inflation have presented further challenges," Amazon stated in a memo to sellers obtained by NPR. "It is still unclear if these inflationary costs will go up or down, or f…

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by Joe Lombardi
Business
Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil
Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…

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by Zak Failla
Weather
Major New Storm Taking Aim On Region Expected To Cause Hazardous Travel Conditions Major New Storm Taking Aim On Region Expected To Cause Hazardous Travel Conditions
Major New Storm Taking Aim On Region Expected To Cause Hazardous Travel Conditions A massive winter storm barreling across the country will bring a mix of snow, sleet and rain that is expected to cause hazardous driving conditions in much of the region at the end of the workweek. Not only will the storm impact around 90 million people, but also retailers and consumers, according to AccuWeather.com. "We could be looking at a big mess in moving products to where people and businesses need them as a result of our latest winter storm, and this interruption in the supply chain may be felt for weeks," said AccuWeather Chief Meteorologist Jonathan Porter. The storm will s…

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by Joe Lombardi
Business
COVID-19: Cargo Ships Piling Up At US Ports Amid Supply Shortages For Businesses COVID-19: Cargo Ships Piling Up At US Ports Amid Supply Shortages For Businesses
Covid-19: Cargo Ships Piling Up At US Ports Amid Supply Shortages For Businesses Scores of cargo ships have recently gotten stuck waiting to dock at United States ports as the country continues to face COVID-19 supply-chain-related product shortages.  The Daily Mail reported on Saturday, Sept. 25, dozens of ships were stuck at the three busiest ports in the US, including more than two dozen ships off the Long Island shore. The news outlet added that the Port of New York, New Jersey, and Los Angeles faced similar issues caused by an increase in imports. Related - COVID-19: Supply-Chain Issues Causing Shortages Of Items At Supermarkets, Other Retailers Stores …

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by Nicole Valinote