News Round Up 7th January

All things impacting global supply chains this week.

• Container prices fall as demand and congestion eases
• Amazon announces 18,000 lay offs
• UK new car sales hit a 30 year low in 2022 but likely to grow in 2023
• Tessla car sales fall to lowest level in 5 months
• Dell is looking to phase out China made chips because of US blacklisting
• Oil prices fell 9% in the first two trading days of 2023
• Russia is sending Arctic Crude Oil to India and China at big discounts
• Retail figures for the holiday period are in for the UK
• Cost of living is switching consumer buying habits
• Food inflation 13. 3% (BRC) and 14.4% (Kantar) in the UK and up 16.5% in the US
• Aldi forced to cancel special buys as a consequence of supply chain disruptions
• UK Grocery sales hit £12 billion 
• Sales growth figures for competing retailers 12 weeks to 25th December

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About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon…