Washington Post (October 2)
“The commercial pipeline that each year brings $1 trillion worth of toys, clothing, electronics and furniture from Asia to the United States is clogged and no one knows how to unclog it.” The median cost of container shipping *from China to the West Coast of the United States hit a record $20,586, almost twice what it cost in July, which was twice what it cost in January.” Supply chain problems are now “expected to last through 2022.”
Tags: 2022, Asia, China, Clogged, Clothing, Commercial, Container, Cost, Electronics, Furniture, Pipeline, Record, Shipping, Supply chain, Toys, U.S., West Coast
Bloomberg (September 11)
“It’s called the U.S. Open, and the crowd is definitely from New York, but the clothing on the court is decidedly Japanese.” Asics, Yonex and Uniqlo were all the rage. “As the 2016 Grand Slam draws to a close, Japanese brands have far outpaced their Western competition.”