Week of 10/7: The Rundown by Rygen
Your lightning fast review of recent supply chain events
The strike is over, but what about the impact? Although the port strike on the East Coast has ended, it will take time to catch up to normal speed. How exactly did the brief shutdown affect port operations? According to analysts at JP Morgan, the strike is costing the U.S. economy $5 billion per day, shipping stocks across Europe and Asia have taken a nosedive, and there are still 54 container ships stationed outside ports. Read more...?
Hurricane Helene’s Effect on Medical Supplies The impacts of Hurricane Helene continue to challenge those in the hardest hit locations. Hospitals are being mindful of their intravenous fluid (IV) supply after the hurricane destroyed a major manufacturing plant in North Carolina. The supplier has reduced shipments for the time being. Read more...?
New Regulation for Truck Drivers Starting November 18th, if a driver fails their drug or alcohol test, state driver licensing agencies must downgrade the truck driver’s license. This new regulation is intended to prevent repeat offenders from “slipping through the cracks” of hiring practices by trucking companies. Read more...?
?Department Stores Continue to Decline in Popularity?U.S. department stores have faced another tough year for a variety of reasons: inflation, changes in consumer spending habits, lower-priced options offered through online retailers, etc. Will the holidays bring hope for the future of department stores? Read more...
A Decrease in Women Truck Drivers A survey conducted by The National Transportation Institute found that the number of women truck driver trainees has decreased in the last few years. Women used to represent upwards of 15% of the industry, but this number has fallen to 10.7% in 2024. Read more...?
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