Our most recent list of force majeure and allocation announcements from suppliers is here.
The death toll from Haiti’s 7.2-magnitude earthquake on Saturday rose to nearly 2,000, with another 10,000 people injured and more than 60,000 homes destroyed. Tropical Storm Grace drenched the nation with more than 15 inches of rain yesterday before striking Jamaica and the Cayman Islands in the evening. The storm could strengthen into a hurricane as it approaches Mexico’s Yucatan Peninsula today, prompting hurricane warnings.
California’s Dixie Fire grew to more than 600,000 acres Tuesday with an unchanged 31% containment, prompting additional evacuations in Northern California. State utility PG&E cut off power to 51,000 people to reduce the risk of sparking new blazes.
Washington state officials declared a state of emergency for Lake Chelan, where the “Twenty Five Mile Fire” has grown to more than 4,000 acres.
Minnesota’s Greenwood Fire, one of three major blazes in the state, doubled in size to 2,000 acres over the last 24 hours.
Thirty-seven container ships were anchored off the ports of Los Angeles and Long Beach in recent days, the most since a backlog of 40 ships in February as congestion shows signs of returning to Southern California waterways.
The Baltic Dry Index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth straight session to its highest measure in more than a decade on Tuesday.
China’s “zero-tolerance” COVID-19 policy, which caused the partial shutdown of the world’s third-busiest port of Ningbo last week after a single virus infection was reported, could exacerbate congestion in the region’s already overstrained container terminals.
Hyundai will cut vehicle production at an Alabama plant until Friday over a shortage of semiconductor chips, the company said.
China’s semiconductor output was up over 41% in July from the prior-year period.
The Port of Virginia handled more than 293,000 TEUs last month, its best July on record, representing a roughly 33% year-over-year increase in volume.
Georgia’s Port of Savannah handled 450,000 TEUs in July, a 25% increase from a year earlier, fueled by increased demand for consumer goods and capacity enhancements.
Wholesale U.S. beef prices were 40% higher in July compared to the same time last year.
The Seafarers International Relief Fund exceeded its goal of raising $1 million for financial relief to seaferers and their families who were affected by the pandemic.
About 20,000 Mississippi children — roughly 5% of the state’s public school population — are currently quarantined following exposure to COVID-19. In Tennessee, cases of COVID-19 among school-aged children have risen almost 1,000% over the past month.
San Antonio’s school system became the first major district in Texas to require teachers and staff to be vaccinated against COVID-19, further igniting a legal battle with the state’s governor over the power of local governments to impose pandemic restrictions. Following weeks of opposing local mask mandates, Texas’ governor has tested positive for COVID-19.
Florida’s seven-day average for new COVID-19 cases rose to 21,614, up from 6,510 last month. A growing number of the state’s school districts are imposing mask mandates, defying the governor’s recent order banning the measure.
The U.K. reported 26,852 new COVID-19 cases and 170 virus deaths Tuesday, its highest daily death toll since March.
Greece reported 4,205 new COVID-19 infections Tuesday, its biggest daily jump since April.
Health authorities in Sydney are warning of a significant rise in COVID-19 cases over the next several weeks, after the New South Wales state saw 452 new infections Tuesday, its third-largest single-day jump since the start of the pandemic.
New Zealand recorded four new COVID-19 cases Tuesday after logging its first infection in over six months Monday, as the country remains under a strict snap lockdown.
The U.K. has approved Moderna’s COVID-19 vaccine for use in children as young as 12, while the country also donated nearly 300,000 doses of AstraZeneca’s shot to Egypt as part of the COVAX vaccine sharing program.
Matt Zessin, our Automotive Market Manager, was interviewed about materials trends for electric vehicles on the Automotive News Daily Drive podcast, accessible here.
What’s the outlook for plastics supply and the global supply chain? Join us for our next Plastics Reflections Web Series. Our distinguished panel will include guests from Business Publishing International, MTS Logistics and LyondellBasell. Register here for the event on Thursday, Aug. 26 at 1:00 pm CT/2:00 pm ET.
M. Holland’s 3D Printing group offers a rapid response alternative for producing selected parts where resin availability is tight during prevailing force majeure. For more information, email our 3D Printing team.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets. To arrange a videoconference or meeting with any of our Market Managers, please visit our website.
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We will provide further COVID-19 bulletins as circumstances dictate. For all COVID-19 updates and notices, please refer to the M. Holland website.