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Home » Authors » Bloomberg

Articles by Bloomberg

West Coast Port Congestion

Containers Waited a Record 7.6 Days at L.A. Ports in October

November 22, 2021
Bloomberg
The number of days containers are waiting to be picked up by trucks at California’s neighboring ports of Los Angeles and Long Beach climbed to a record in October, just before officials announced a new plan to clamp down on the backlog in collections.
Read More
coffee

Coffee Supply Crisis Means More Expensive, Bitter Tasting Brews

November 22, 2021
Bloomberg
Coffee snobs have a lot to worry about right now. A global shortage of beans is already threatening to push up prices at cafes and supermarkets. Now, your morning cappuccino or latte might start leaving a bitter taste for other reasons too.
Read More
Ningbo Container Port

Port Congestion Eases in Asia While U.S. Battles Import Deluge

November 21, 2021
Bloomberg
Asia’s largest ports are showing signs that congestion is easing ahead of the holiday season, a potentially positive step for key trade gateways in the U.S. that are still battling an influx of imports.
Read More
FedEx

FedEx Sees 10% Rise in Holiday Package Volume to Record Levels

November 19, 2021
Bloomberg
FedEx is forecasting a 10% increase in holiday package deliveries over a previous record peak season in 2020 as consumers remain hooked on internet shopping even as stores reopen from last year’s lockdowns.
Read More
farm worker

How Farmers Around the World Are Battling ‘Post-Apocalyptic’ Food Crisis

November 18, 2021
Bloomberg
The world is facing a new era of rapidly increasing food prices that could push almost 2 billion more people into hunger in a worst-case climate crisis. Confronting the dire predictions, farmers have begun to adapt.
Read More
Port Of Savannah

Americans Buy Goods Over Services as Virus Lingers

November 18, 2021
Bloomberg
American consumers are showing little sign of returning yet to their normal balance of spending on services over goods, with a heavy reliance on imported products, according to two indicators based on shipping data.
Read More
Cargill Cargo

Global Food Prices to Stay High on Labor Crunch, Cargill CEO Says

November 18, 2021
Bloomberg
Food prices will likely stay elevated in 2022 as disruptions to the global supply chain are set to persist, according to the head of Cargill, who highlighted labor shortages as one of the biggest risks facing the industry.
Read More
robotic automation

Nestle Sees E-Commerce Contributing a Quarter of Sales by 2025

November 17, 2021
Bloomberg
The food industry is increasingly embracing e-commerce as the pandemic led more consumers to switch to buying groceries online.
Read More
Port of Long Beach

California Increases Truck Weight Limits to Ease Port Snarls

November 17, 2021
Bloomberg
California will increase weight limits for trucks carrying goods in and out of its ports in an effort to ease supply chain bottlenecks and clear containers off the docks of Los Angeles and Long Beach.
Read More
Gina Raimondo

U.S. Aims to Begin New Asia Framework in 2022, Raimondo Says

November 17, 2021
Bloomberg
The U.S. intends to initiate a new economic framework for the Indo-Pacific in 2022, Commerce Secretary Gina Raimondo said, as the Biden administration aims to reinvigorate America’s standing in the region.
Read More
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