Epidemic, Ship Blockade, Tropical Storm that Shut Down Ports, Hit America’s Supply Chain

According to Business Insider, ports in southeastern New England were closed by the US Coast Guard on August 22 as tropical Storm Henry brought strong winds and heavy rain to the region.     The Coast Guard said in a statement late Saturday that several ports, including Narragansett Bay and Mount Hope Bay, were under Hurricane Zulu alert, meaning they were closed to ships due to strong winds.     Previously, the port had been under "Yankee" status, meaning tropical or hurricane-force storms were expected to make landfall at the port within 24 hours.     Tropical storm Henri and the resulting port closures come amid a recent surge in shipping costs that has slowed and caused massive shortages of goods across the global supply chain, which was severely disrupted by last year's COVID-19 pandemic and made worse by the blockade of the Suez Canal earlier this year, the report noted.     Business Insider reports that major global shipping alliances have cut traffic between Asia and Europe by 22 percent over the spring of 2020, while operators have cut capacity between Asia and North America by about 20 percent.     In 2012, after Hurricane Sandy hit the East Coast, the U.S. Coast Guard reported $70 billion in damage to more than 180 ports in the region that would take months to recover.     Wildfires in the Western United States, flooding in China and Europe and drought in South America have disrupted supply chains for everything from wood to chocolate to rice for sushi, CNBC reported.     Christy Slay, senior director of science and research applications at the Sustainability Alliance, said: "Whether you're in the agriculture sector, the forestry sector or the technology sector, virtually no industry is immune to the effects of climate change".     CNBC notes that about a quarter of the wood consumed in the United States comes from Canada, which is experiencing severe droughts and wildfires. Brazil is suffering its worst drought in more than a century, partly as a result of a surge in coffee futures prices in July, which almost doubled from a year earlier. While the increase has not yet been passed on to consumers, experts say price increases will come soon. Even pearl rice, used in sushi, has been hit. Two-thirds of the crop consumed in the United States is grown in California, which faces water shortages due to drought and wildfires, and rice crop production requires a lot of water.     Extreme weather events can also disrupt supply chains because workers cannot find jobs. According to a recent report by the United Nations Development Programme, workplace disruptions caused by climate change could result in more than $2 trillion in lost productivity by 2030.

According to Business Insider, ports in southeastern New England were closed by the US Coast Guard on August 22 as tropical Storm Henry brought strong winds and heavy rain to the region.

The Coast Guard said in a statement late Saturday that several ports, including Narragansett Bay and Mount Hope Bay, were under Hurricane Zulu alert, meaning they were closed to ships due to strong winds.

Previously, the port had been under “Yankee” status, meaning tropical or hurricane-force storms were expected to make landfall at the port within 24 hours.

Tropical storm Henri and the resulting port closures come amid a recent surge in shipping costs that has slowed and caused massive shortages of goods across the global supply chain, which was severely disrupted by last year’s COVID-19 pandemic and made worse by the blockade of the Suez Canal earlier this year, the report noted.

Business Insider reports that major global shipping alliances have cut traffic between Asia and Europe by 22 percent over the spring of 2020, while operators have cut capacity between Asia and North America by about 20 percent.

In 2012, after Hurricane Sandy hit the East Coast, the U.S. Coast Guard reported $70 billion in damage to more than 180 ports in the region that would take months to recover.

Wildfires in the Western United States, flooding in China and Europe and drought in South America have disrupted supply chains for everything from wood to chocolate to rice for sushi, CNBC reported.

Christy Slay, senior director of science and research applications at the Sustainability Alliance, said: “Whether you’re in the agriculture sector, the forestry sector or the technology sector, virtually no industry is immune to the effects of climate change”.

CNBC notes that about a quarter of the wood consumed in the United States comes from Canada, which is experiencing severe droughts and wildfires. Brazil is suffering its worst drought in more than a century, partly as a result of a surge in coffee futures prices in July, which almost doubled from a year earlier. While the increase has not yet been passed on to consumers, experts say price increases will come soon. Even pearl rice, used in sushi, has been hit. Two-thirds of the crop consumed in the United States is grown in California, which faces water shortages due to drought and wildfires, and rice crop production requires a lot of water.

Extreme weather events can also disrupt supply chains because workers cannot find jobs. According to a recent report by the United Nations Development Programme, workplace disruptions caused by climate change could result in more than $2 trillion in lost productivity by 2030.

Chinese yuan weakens to 6.4799 against USD Friday

BEIJING, Aug. 13 — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 45 pips to 6.4799 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Syria receives 150,000 doses of Chinese COVID-19 vaccines

July 29 — The Syrian Health Ministry on Thursday received a batch of Chinese COVID-19 vaccines provided by the Red Cross Society of China.

Health Minister Hasan al-Ghabash attended the reception ceremony at the Damascus International Airport alongside Chinese Ambassador to Syria Feng Biao, as the Chinese embassy has supervised the delivery of the vaccines to the Syrian government.

During the ceremony, al-Ghabash expressed the Syrian government’s gratitude to China for sending the vaccines, which he hailed as effective and successful.

“We thank the government of the People’s Republic of China and the Chinese people for their important contributions in light of the spread of the COVID-19 virus in the world,” he said.

“This vaccine is one of the recognized and registered vaccines by the World Health Organization and it has proven its effectiveness and success in China and in other areas which have received this vaccine,” he said.

Feng said the new delivery reflects the friendship between the Chinese and Syrian people.

“Nowadays, the COVID-19 pandemic continues to spread around the world in tandem with the appearance of new variants of the virus, which makes it the most important duty for the world to exert efforts to counter the pandemic,” the Chinese ambassador said.

Feng called on all parties to abide by scientific principles in tracing the source of the virus and oppose politicizing this issue.

In April, Syria received a batch of Chinese vaccines as part of many medical donations offered by the Chinese government to Syria to deal with the pandemic.

Africa’s COVID-19 3rd wave at crossroads: WHO official

As the rate of new cases fell by less than two percent over the past week, driven by a sharp drop in South Africa, 21 countries are experiencing a resurgence, three more than last week, warned Matshidiso Moeti, WHO regional director for Africa.

“Let’s be under no illusions, Africa’s third wave is absolutely not over. The small step forward offers hope and inspiration but must not mask the big picture for Africa,” she noted.

Africa continues to lag behind in terms of the COVID-19 vaccination, Moeti said, explaining that only about 1.5 percent of the continent’s population are fully vaccinated so far.

“African countries must go all out and speed up their vaccine rollouts by 5 to 6 times if they are to get all these doses into arms and fully vaccinate the most vulnerable 10 percent of their people by the end of September,” she said.

“Vaccines are key to saving lives and blunting the pandemic, but we must remain focused on controlling the disease until vaccination coverage is increased,” Moeti said.

 

Charger Quality Control Inspection Service

1.Basic function check (Functions on product specification work )
2.Power input test
3.Positive and negative reverse protection test
4.Aging test
5.Output current and voltage test
6.Barcode scanner test
7.3M tape test
8.Rub test
9.Internal test

Benefits of Trade with China

Since China joined the WTO in 2001, U.S. merchandise exports to China increased 187 percent. During the same period, U.S. exports to the rest of the world grew 38 percent.
The United States has a services trade surplus with China.
As the U.S. economy becomes increasingly globally integrated, the U.S. manufacturing base remains strong. While the U.S.’s manufacturing share of GDP is declining, America is still the world’s number one manufacturer, accounting for more than 20 percent of worldwide manufacturing value-added – that’s twice as much as Germany and more than 2.6 times as much as China. The U.S. manufactures more today than ever in its history – seven times as much real output as in 1950, with roughly the same number of workers as in 1950.

Increased international trade has raised real incomes, restrained prices, introduced greater product variety, spurred technological advances and innovation, and raised real living standards in the United States.
The annual payoff from trade liberalization to date is over $10,000 for an average American family of four. This includes the Tokyo Round, Kennedy Round and Uruguay Round, NAFTA and other U.S. free trade agreements.
The removal of remaining global barriers to trade in goods and services could generate an additional $600 billion in annual income for the United States. Most of these gains arise from liberalization of trade in services.
Approximately 57 million American workers are currently employed by firms that engage in international trade. These firms tend to be more productive, have higher employment growth and pay their workers higher wages than domestically-oriented firms.

Why You Need to do Pre-Shipment Inspection before Packaging and Shipping?

Pre-shipment inspection guards against nasty surprises which means that the goods are as per the quality standards prescribed in the product manual and are in working condition. This helps to build a strong brand image of the company in the long run. Being a part of the consumer goods industry, there are high chances that you have heard about a type of quality check called finished quality control and final random inspection. Though they appear as two different types, but in reality, it is a single quality inspection test.

What the Vendor Does during Pre-Shipment Inspection?

1. Manpower to help the Pre-Shipment Inspector:

The quality control inspector needs manpower to proceed with the inspection within the limited amount of time available.

Transport the randomly selected export cartons from the warehouse to the inspection room. Unpack the goods that the inspector arbitrarily selects from the selected export cartons. Repack the goods after the pre-shipment inspection.
The factory workers assistance ensures that the quality inspector focuses on his main job i.e. identifying defects and non-conformities.

2.Working Space for the Quality Inspector:

To select the cartons indiscriminately, they should be located in a wide area where the inspector can see all of them and easily select the cartons randomly, as requested by international standards. The room for inspection should be large enough, well-lit and clean and the factory is responsible for preparing the working environment accordingly in advance, so the inspector checking quality of the products focus on his main job without losing time.

The product packaging phase usually follows production and inspection can occur at various times before, during and after production. But in general, only pre-shipment inspection is conducted when at least 80% of the goods are finished and packed. It includes packaging checks as well.

Factory workers don’t normally pack units one by one as they come off the production line. Instead, they typically wait until production is close to finished before packing goods in bulk. Since it’s difficult to check packaging until so close to shipping, shipping delays often result when you find serious packaging issues during pre-shipment inspection.