supply chain

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Musk Says New Tesla Factories Are Burning Cash

CEO calls Austin and Berlin plants 'gigantic money furnaces' because of supply chain, battery issues

(Newser) - At some point, the Tesla factories that opened in Texas and Germany earlier this year will pay off. But at the moment, CEO Elon Musk says, they're money pits. "Both Berlin and Austin factories are gigantic money furnaces right now," he said, per Forbes . "It's...

The Next Thing to Be Ruined: Movie Theater Popcorn
The Next Thing to Be Ruined:
Movie Theater Popcorn
in case you missed it

The Next Thing to Be Ruined: Movie Theater Popcorn

Blame the supply chain, fertilizer prices, everything

(Newser) - If canceled flights and sky-high gas prices have led you to decide on a movie-filled staycation instead this summer, we're about to rain on that parade, too. While the big movies are back in theaters— Insider flags the coming Jurassic World: Dominion in particular—some other things are in...

A Born Hustler Tries to Crack Pandemic's Supply Chain Insanity
Pandemic's
Supply Chain
Madness Humbles
a Hustler
longform

Pandemic's Supply Chain Madness Humbles a Hustler

The Verge recounts Hiam Kaplan's efforts to strike it rich obtaining gloves

(Newser) - When the pandemic arrived in force, all kinds of things were in short supply, including medical-grade gloves and masks. Hospitals, governments, police agencies, and individuals were desperate to get them, but they were all-but-impossible to find. There was money to be made in that desperation, and Hiam Kaplan saw the...

At US-Mexico Border, Truckers Block Bridges in Protest

This time it's Mexican truckers, upset over Texas governor's inspections order that's slowing traffic

(Newser) - There's a new trucker protest underway, this time along the US southern border. Reuters reports that big-rig drivers from Mexico have been blocking bridges leading in and out of Texas for days, a protest against Texas Gov. Greg Abbott's recent mandate that officials carry out vehicle safety inspections...

Election Officials Fear Paper Ballot Shortage

Supply chain issues, and even truck driver shortages, cause worry about handling voting

(Newser) - The same supply chain problems that have limited the availability of consumer goods have election officials worried about having enough paper ballots and envelopes for this year's voting. Orders are being placed much earlier than usual, which complicates budgeting, Politico reports. "Sometimes that means ordering in advance of...

Our Car-Buying Ways May Be Changing for Good

Customers are revolting at dealerships, having to pay more than sticker price

(Newser) - Pre-pandemic, if you paid above MSRP for a new car, you probably never admitted it to anyone else. No need to kick yourself now. Last month, per Edmunds.com , 82% of car buyers paid $728 over sticker, or 1.6% on average, and markups over $10,000 are not uncommon...

Building That Billy Bookcase Is About to Get More Costly

Ikea announces it's raising prices an average of 9% globally amid supply chain issues

(Newser) - We'll be opening our wallets a little wider for the privilege of building our own furniture in 2022. Swedish retail giant Ikea has announced it's raising its prices next year, at an average of 9% worldwide, to contend with rising transportation and raw materials costs that Ingka Group,...

McDonald's Restaurants Here Are Rationing Their French Fries

Flooding around Vancouver has delayed potato imports, triggering shortage in Japan

(Newser) - McDonald's Japan says recent flooding in Canada means it's now having to ration its french fries. The fast-food restaurant chain will block all sales of medium- and large-size fries for the remainder of the year, beginning Friday, according to a release. "Import delays have occurred for potatoes...

NYC's Bagel Crisis: 'This Is Very Bad'

Supply chain issues are causing a cream cheese shortage, affecting bagel shops throughout the city

(Newser) - The Guardian is calling it a "supply chain nightmare," while Grub Street has deemed it a "harrowing" new bump in the road—"it" being the fact that there's a cream cheese shortage, and all of the bagel shops in New York City are freaking out....

FTC Orders Walmart, Amazon to Explain 'Sky-High Prices'

9 companies asked to turn over information on supply chain woes

(Newser) - Walmart, Amazon, and Kroger will have 45 days to answer to the Federal Trade Commission for their "empty shelves and sky-high prices." With the holiday shopping season now underway, the FTC has ordered nine large retailers, wholesalers, and suppliers including Procter & Gamble Co., Tyson Foods, Kraft Heinz...

Long-Awaited Words on Supply Chain: 'Worst Is Behind Us'

'Wall Street Journal' expects port backlogs to disappear in early 2022

(Newser) - Headlines about supply chain logjams have been prominent amid the pandemic, but now the Wall Street Journal offers a note of optimism. "Globally speaking, the worst is behind us," Louis Kuijs of Oxford Economics tells the newspaper. The gist of the story is that issues that have led...

Better Open Up Your Wallet for That BLT

Bacon prices are the highest they've been in 4 decades

(Newser) - Not since the Reagan years will a side of bacon set you back as much as it does now. CNN reports that the price of the breakfast staple is the highest it's been in four decades when adjusted for inflation, with the average cost rising close to 30% over...

US to Invest $3B in Vaccine Supply Chain

White House says funding will help increase availability of vaccinations

(Newser) - In an attempt to increase the availability of coronavirus vaccines, the Biden administration announced Thursday a $3 billion investment in the supply chain. The money will help manufacturers add production lines and create jobs, said Jeff Zients, White House coronavirus response coordinator. Past supply chain funding has bought vaccine manufacturing...

GM Will Idle Most Plants in North America

Chip shortage will force a slowdown of at least a week at almost all factories

(Newser) - Some GM trucks are being partially built and stored, and some just aren’t getting built at all. The chip shortage that has been affecting electronics of all sorts since the beginning of the year is affecting auto production again, with GM announcing that it will idle almost all of...

Milkshake Shortage Blamed On COVID, Brexit Issues

A shortage of truckers in the UK is snagging McDonald's supply chain

(Newser) - People in the UK can’t get a McDonald’s milkshake, and Brexit and COVID share the blame. The fast food joint isn’t the only restaurant suffering supply chain woes; just the latest. "Like most retailers, we are currently experiencing some supply chain issues, impacting the availability of...

Crack in Major Bridge Could Lead to Monthslong Shutdown

Closure of Memphis' Hernando DeSoto Bridge connecting Tenn. to Ark. is causing a big headache

(Newser) - A big crack in the steel framework of a bridge over the Mississippi River has led to the bridge's closure, throwing traffic and shipping into disarray for the indefinite future. On Tuesday, the Hernando DeSoto Bridge, which connects Memphis, Tenn., and West Memphis, Ark., was shut down for emergency...

Chick-fil-A's Sauce Shortage Is Real

Company posts a brief statement about it on its website

(Newser) - First toilet paper, then gas, now ... Chick-fil-A sauce? Apparently. The company is experiencing supply chain issues that have forced it to limit the number of sauces customers can get with their order. WTRF reports some customers were alerted via an email that detailed the temporary restrictions: 1 sauce per entree,...

Biden Signs Order to Boost Vital US Supply Chains

He says bipartisan talks were 'like the old days'

(Newser) - President Biden signed an executive order Wednesday intended to boost manufacturing jobs by strengthening US supply chains for advanced batteries, pharmaceuticals, critical minerals, and semiconductors. The United States has become increasingly reliant on imports of these goods—a potential national security and economic risk that the Biden administration hopes to...

Quake May Cause iPad Part Shortage

Toshiba shut down a flash memory facility

(Newser) - The earthquake that rocked Japan may also put a dent into Apple’s iPad supply, a financial analyst warned yesterday. Two key iPad 2 components—its super-thin battery and its flash memory—are manufactured in Japan, research firm HIS iSuppli noted. Toshiba, which makes the device’s flash memory, had...

Auto Suppliers Seek Their Own Bailout

Trade groups warn industry could collapse from bottom up as Big 3 troubles filter down

(Newser) - The auto industry is warning that it could collapse from the bottom up if the government doesn't immediately assist America's car parts suppliers, the Washington Post reports. Suppliers are struggling to use their unpaid billings to troubled automakers—usually 45 to 60 days behind deliveries—as collateral for operating loans,...

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