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What Caused the Supply Chain “Crisis”?
Why are container ships queuing by the dozens outside terminals on three continents and retailers apologizing that coveted holiday merchandise may not be on the shelves before Christmas? The ship…
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Fixing Chains
“Shipping costs have finally slumped,” the Financial Times asserts. Bloomberg affirms that trend, contending that container shipping rates are past their peak. With retailers like Walmart and Target now taking…
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The “Crisis” in the Ports
“Ports face biggest crisis since the start of container shipping,” the Financial Times headlined the other day. At the time, according to the article, 353 container ships were queuing outside…
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My Supply Chain Problems
I got a ring today from Haverty’s, the furniture store. Last winter — January 16, to be precise — my wife and I purchased a sofa there, with delivery promised…
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Going Vertical
The business world is prone to fads. Over the decades, nothing has been more faddish than ideas about how broad the scope of a company’s business should be. Back in…
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Dow 36,000*
Twenty-two years ago, James K. Glassman, a newspaper columnist, and Kevin Hassett, an economist, laid out the bullish case for U.S. stocks in a book called Dow 36,000. Their forecast…