The Wall Street Journal says that Santa has delivered a wonderful gift this year. For the first time since the pandemic started, our supply chains are finally in great shape:
Gone are the weekslong backlogs of cargo ships at large ports. Ocean shipping rates have plunged below prepandemic levels....In the U.S., retailers have ample inventory. Railroads averted a labor strike and package delivery trucks have plenty of spare capacity....Parcel carrier FedEx Corp. and other regional carriers are having an easier time delivering packages this peak season, with additional capacity and steady parcel volume.
....Procter & Gamble Co. [] expects to spend $100 million less than it had anticipated on transportation and warehousing in the fiscal year ending in June 2023....After more than a year of paying ever-higher prices for goods, Walmart Inc. and other large retailers are canceling manufacturer orders, resisting price increases and in some cases asking suppliers to provide discounts....Dollar General Corp., after years of citing high transportation costs as a drag on the business, said in December that falling transit prices could begin lifting the company in 2023.
The spirit of Christmas has truly returned this year.
So other than gas prices, will there be price reductions?
The storm is affecting things across the country, but that's just short term thing.
The drought out west is a long term thing. Some of the rains this season may give a reprieve, but a longer term fix is needed--i.e. water intensive agriculture, etc. needs to change.
Decarbonizing the manufacturing base needs to be done too. And that's all along the supply chain.
In general, we need sustainable development.
Consume baby, consume!
Brooding over the price of eggs today at Walmart, $4.23 a dozen, milk $2.78 a gallon.
“Brooding over the price of eggs?” I see what you did there
On the other hand, there appears to be a nationwide peppermint syrup shortage, so no peppermint mochas for you.
I'll cry into my pumpkin spiced latte.
Then why are all the Starbucks in Denver out of peppermint for their drinks?! (Thank god for Dutch Bros.)
My buddy's mother makes $50 per hour working on the computer (Personal Computer). She hasn’t had a job for a long, yet this month she earned $11,500 by working just on her computer for 9 hours every day.
Read this article for more details.. http://www.Payathome7.com