Welcome back to Market Moves Supply Chain!
What are the implications of the CrowdStike outage to the global supply chain? Estimates place a more than $5 billion loss to Fortune 500 companies as a result, while further impacts are still being uncovered.
More than 9,000 railroad workers represented by Teamsters Canada Rail Conference recently authorized a strike, which awaits Canadian government ruling, that potentially could lead to devastating consequences to Canada and the U.S.
China has imposed export controls on gallium, germanium and graphite, with a very real possibility of further controls—even bans—on mineral exports to the U.S.
This month, an advocacy group—the Supply Chain Council—was formed, with the goals of securing and strengthening America’s supply chain through the protection of domestic jobs, investment in domestic infrastructure and a safeguarding of the nation’s supply chain and economy from global instability.
The looming 2027 emissions standards faced by the trucking industry could lead to challenges over the next few years as operations navigate latent supply while trying to update equipment into necessary compliance. However, the Bureau of Transportation Statistics’ latest Freight Transportation Services Index report reveals year-over-year growth in 2024.
Plus: The top strategies for navigating supply chain disruptions and the best rated supply chain undergraduate programs.
—Tyler Fussner