News Round Up 5th August

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All things impacting global supply chains this week with Tony Hines

• The Freemantle Highway caught fire and is being towed to safety close to the Dutch coast. It has just under 4,000 cars on board.
• Wilko a 90 year old brand is likely to go into administration. It is a much loved family business with 400 stores and 12,000 employees. It operates in a very competitive market segment and has competition from B&M, Home Bargains and the Range. B&M and the Range have more out of town stores which is convenient for consumers wanting to buy bulky items.
• X marks the spot - the big X had to be removed from Twitters San Francisco HQ because the neighbours complained.
• Hyundai and Kia recall more than 91,000 vehicles in the US
• The Food Farming and Countryside Commission in the UK has started a national conversation about food and food security.
• The Rhine river levels fall causing problems for water transport damaging trade.
• Bank of England raises interest rates 0.25% to 5.25%.
• Heatwaves, droughts and floods in Europe impacting crops and food supplies.

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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...