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Tag Archives: supply chain
Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation
The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse cold water on historic inflation. The rate hike is the largest increase since 1994. This … Continue reading
Posted in glassBYTEs Original Story
Tagged China, Federal Reserve, Freddie Mac, inflation, Jerome Powell, supply chain, Ukraine
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Increasing Costs Continue to Impact Auto Glass Shops
Winter is over and summer is around the corner, but auto glass shops continue to struggle with the same challenges the new year presented in January. Costs of materials, availability of glass and the price of gasoline impact business. Patricia … Continue reading
French Company Continues to Supply Necessary Products
Eloi Guenet, president of Saint-Gobain Automotive Glass China, said that they have been deploying and implementing pandemic prevention and control measures according to official requirements, and have been dynamically adjusting their operation plans. Click here to read more.
Russia’s Invasion of Ukraine Could Cut Auto Production by Millions of Vehicles in 2022
Local Russian production is expected to feel the greatest near-term impact as companies suspend operations. But, officials say, the longer the war continues, the higher the risk of ripple effects across the automotive industry. Click here to read more.
Posted in glassBYTEs Headlines
Tagged 2022, auto glass, Auto Industry, Russia, supply chain, Ukraine, vehicle production
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Toyota Suspends Domestic Factory Operations After Suspected Cyberattack
Toyota Motor Corp. said it will suspend domestic factory operations on Tuesday, losing around 13,000 cars of output, after a supplier of plastic parts and electronic components was hit by a suspected cyberattack. No information was immediately available about who was … Continue reading
Add Glass to the List of Shortages and Delays
Grayson County businesses that rely on glass for construction, replacement and car repair are experiencing delays in receiving some products. Charlie Shearer, owner of Shearer Design & Associates in Denison, said his firm is waiting almost twice as long for … Continue reading
Glass Shortage Brings Negative and Positive Impacts to Treasure Valley Auto Glass Shop
Supply shortages continue to impact nearly every industry in the nation, including glass. Glass producers across the U.S. are having trouble keeping up with the demand for products like glass bottles, glass jars and windshields. Click here to read more.
The Biggest Kink in America’s Supply Chain: Not Enough Truckers
Long hours and uncomfortable working conditions are leading to a shortage of truck drivers, which has compounded shipping delays in the United States. Click here to read more.
Supply Chain Issues: Glass Shortage Only Adds To Frustrations for Car Break-In Victims
Supply chain issues are plaguing consumers and business owners alike as the holiday season begins. Now you can add glass to the long list of materials bitten by the shortages and delays impacting the economy. Click here to read more. … Continue reading
Wells Fargo CEO Says Supply Chains ‘Will Get Solved’ in ‘6-to-12 Months’
The situation in which employers find it hard to hire and the supply chain crisis forces businesses to hike prices is likely to persist for at least 6 to 12 months, one bank chief said. Click here to read more.
October is National Cybersecurity Awareness Month—Be Cyber Alert and Guard Against Ransomware
This month is the 18th Annual National Cybersecurity Awareness Month in the United States, sponsored by the Cybersecurity and Infrastructure Security Agency (CISA) and the National Cyber Security Alliance. This year’s theme is again “Do Your Part. #BeCyberSmart.” Being Cyber … Continue reading
There’s a Backlog at U.S. Ports. Here’s How Biden Hopes to Get You Your Goods Faster
President Biden on Wednesday addressed ongoing supply chain problems as major retailers warn of shortages and price hikes during the upcoming holiday season. The White House says plans are in place to increase capacity at major California ports and with … Continue reading
PGW Auto Glass Installs Transfer Fee
PGW Auto Glass LLC has notified auto glass shops that the company is implementing a transfer fee for products shipped to a customer’s primary branch from another branch location. According to the email sent to customers, the fee is necessary … Continue reading
Posted in glassBYTEs Original Story
Tagged PGW Auto Glass, shipping, supply chain, transfer fee
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Where is It? Delays Prompt Online Search for Answers from Tool Supplier
The COVID-19 pandemic continues to affect the operations of businesses across the country. Not only are businesses experiencing staffing issues, but also shipping and supplies are a concern. The auto glass industry is not excluded from supply and shipping issues … Continue reading
Mygrant Glass Increases Surcharge Rate Due to Ongoing Supply Chain Challenges
Rising industry surcharge rates are the latest indication of an uncertain economic recovery in the auto glass industry. Effective Monday, June 21, Mygrant Glass increased its fuel surcharge to $8 per delivery: “As we continue to navigate a very challenging … Continue reading
Safelite Group Names New Executive Vice President, Supply Chain
Safelite® Group, parent company to Safelite AutoGlass® and Safelite® Solutions, announced John Stacy as the company’s new executive vice president, supply chain. “Our industry-leading supply chain has long played a key role in Safelite’s success, helping us serve customers where and when … Continue reading
Posted in glassBYTEs Headlines
Tagged executive vice president, John Stacy, Safelite Group, supply chain, Tom Feeney
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