Ports Shutting Down Due to Covid-19 Fluctuations

vaccines needed for supply thumb - The Chemical Company

A recent article published by the Independent Commodity Intelligence Service (ICIS) outlines how a lack of vaccinations across the globe can further exacerbate an already grim outlook on container freight. Sighting a preexisting uneven distribution of containers throughout the world’s supply chain, it continues to persist as ports shut down due to fluctuating Covid-19 cases. […]

Shipping Crisis Developing in China

covid supply chain - The Chemical Company

An article published by CNBC states that another shipping crisis is on the horizon. The Chinese province of Guangdong observed a sudden increase in Covid-19 cases, thus causing entire districts to shut down as they quarantine in attempts to combat the second outbreak. A major shipping hub, Guangdong accounts for approximately 24% of China’s total […]

How Reshoring May Affect Supply Chains and Jobs

reshoring - The Chemical Company

The American Chemistry Council (ACC) recently released an article detailing the current state of the shipping industry. A recent study published by the Trade Partnership Worldwide notes that imports account for 21 million American jobs; an important fact to consider entering a new normal with discussions regarding reshoring, which would reduce the amount of imported […]

How the “New Normal” Will Change Supply Chains

new normal supply - The Chemical Company

An article by the Independent Commodity Intelligence Service (ICIS) notes that America, as well as the rest of the world, will be entering the era known as “The New Normal”. As several consecutive major world events have interrupted supply chains beyond normal reconfiguration parameters, ICIS maintains that there is as a silver lining: positive changes […]