Wall Street Journal (February 6)
“Today congestion has all but disappeared at U.S. ports, supply chains have almost returned to normal, and freight costs have fallen back to prepandemic levels. But in the aftermath of this disorienting and costly experience, it is critical to ask: What led to such a severe backup and what can be done to prevent a recurrence?” Until there are corrective measures like 24/7 port operation and automated container handling, “the system remains vulnerable to future supply disruptions that will harm the U.S. economy.”
Tags: 24/7 port operation, Automated container handling, Backup, Congestion, Costly, Critical, Disorienting, Economy, Freight costs, Ports, Prevent, Supply disruptions, U.S., Vulnerable
Reuters (March 27)
Oil prices are holding firm, “supported by concerns that tensions in the Middle East could lead to supply disruptions, although further rises expected in U.S. crude output loomed over markets.”
Tags: Crude, Firm, Middle East, Oil, Output, Prices, Supply disruptions, Tensions, U.S.
