Wall Street Journal (September 26)
“The American supply chain has so far failed to adapt to the crush of imports as businesses rush to restock pandemic-depleted inventories.” At the ports of Los Angeles and Long Beach, two major shipping gateways, *more than 60 ships are lined up to dock, with waiting times stretching to three weeks.” The obvious fix, switching to 24/7 operations, remains problematic due to a shortage of trucks, storage and workers.
Tags: 24/7, Businesses, Depleted, Failed, Imports, Inventories, Long Beach, Los Angeles, Pandemic, Ports, Problematic, Restock, Rush, Shipping, Shortage, Storage, Supply chain, Trucks, Waiting
Denver Post (October 20)
“Poor people around the world who were among the hardest hit by the virus pandemic are also likely to be the last to recover from it.” The vaccines showing the most promise “need nonstop sterile refrigeration to stay potent and safe.” This isn’t available for over a third of the population. “Nearly 3 billion of the world’s 7.8 billion people live where temperature-controlled storage is insufficient for an immunization campaign to bring COVID-19 under control.”
Tags: COVID-19, Immunization, Pandemic, Poor, Population, Potent, Recover, Refrigeration, Safe, Sterile, Storage, Temperature, Vaccines
Financial Times (July 22)
“As their booming share prices testify, technology groups have been brimming over with new business during the pandemic. For banks, there has been a special tech awakening…. After years of foot-dragging, many have been abandoning their cautious approach to cloud-based services and signing up with gusto to outsource their storage of data and other activities that demand high-intensity computing power.”
Tags: Awakening, Banks, Booming, Cautious, Cloud-based, Data, Foot-dragging, Outsource, Pandemic, Services, Share prices, Storage, Technology
Bloomberg (November 25)
“Surging U.S. crude stockpiles that have filled storage tanks near capacity are widening the discount on immediate oil deliveries.” Known as contango, this discount may reach the stage of “supercontango” and is unlikely to go away soon.
Tags: Contango, Crude, Discount, Immediate deliveries, Oil, Stockpiles, Storage, U.S.