Tag: supply and demand

Loss of Containers Reaches Highest Level in Seven Years, Raises Safety Issues

A fully stocked cargo ship heading out to sea.

Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the risk of safety errors. The shipping industry is seeing the biggest spike in lost containers… Continue reading Loss of Containers Reaches Highest Level in Seven Years, Raises Safety Issues

Factories Worldwide Struggling to Keep Up with Demand

Asian engineer using a laptop in a factory.

Factories around the world are struggling to keep up with soaring demand for all types of goods as the global economic recovery from the pandemic accelerates. In the U.S., factory production and product sales soared in March, according to the Institute for Supply Management, an industry trade group. Its index of factory activity—a measure that… Continue reading Factories Worldwide Struggling to Keep Up with Demand