All tagged supply chain

Carolina Connector easing supply chain issues, improving economic prospects

Three months after opening, the Carolina Connector (CCX) intermodal transportation facility in Edgecombe County is already helping ease national supply chain shortages and bolstering economic development prospects. The new facility has opened new markets for commercial rail from the Port of Wilmington and played a role in reducing congestion at the Port of Savannah that has contributed to supply chain challenges nationwide.

Economist predicts inflation, even price controls, in 2022

Whether it is filling up at the pump, paying more for goods and services, or not finding your favorite item on the grocery store shelves, there is no denying that inflation and supply chain issues have affected everyone in one way or another. Mike Walden, professor emeritus in economics at North Carolina State University, said prices unfortunately look like they'll be getting worse before they get better.