We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Supply chain problems continue to plague chemical industry

Supply chain problems continue to plague chemical industry

More than 90% of chemical industry leaders say supply chain and freight transportation disruptions are affecting their US manufacturing business, ACC report shows.

Screen Shot 2023-04-13 at 5.06.49 PM.png
April 13, 2023
No Comments
Supply chain challenges and freight transportation disruptions continue to affect the U.S. chemical industry and the broader economy, according to a survey of chemical industry leaders, released Thursday.

The majority of business leaders surveyed by the American Chemistry Council (ACC) said the disruptions are affecting their U.S. manufacturing business, with most reporting that they have modified operations because of supply chain issues and/or transportation disruptions that occurred in the latter half of 2022.

The ACC survey focused on business impacts through the second half of 2022 (H2) compared to conditions in the first half of 2022 and compared to conditions prior to the pandemic. Overall, the results show that transportation-related supply chain issues moderated during the second half last year but continue to be worse than conditions prior to the pandemic.

“There are signs that conditions have improved, but the transportation problems plaguing our members are far from resolved,” Emily Sanchez, economist for ACC, said in a press release announcing the survey’s findings. “Marine and truck transportation have improved while poor rail service continues to be a major concern.”

Key survey findings include:
  • 93% of companies said supply chain and freight transportation disruptions are impacting their US chemicals manufacturing business.
  • Compared to conditions in the first half of 2022, 67% of companies reported supply chain and freight transportation disruptions were generally better in the second half of the year. Compared to conditions prior to the pandemic, however, 83% of companies say they are worse.
  • 86% of respondents said they modified operations because of supply chain issues and/or transportation disruptions and delays in H2.
  • In both the first and second half of 2022, about 36% of companies said their customers canceled orders because they were concerned those orders would not arrive or would not arrive on time.
  • Supply chain issues and transportation disruptions continue to push up transportation costs. More than half (62%) of chemical manufacturers saw costs rise over H2.
Survey respondents also said that policy reforms are necessary to correct the problems affecting chemical supply chains. Those include actions to increase competition and establish minimum service standards in the rail industry, and efforts to increase gross vehicle weight limits for interstate highways to help alleviate trucking capacity constraints.
KEYWORDS American Chemistry Council
    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Report: Sagging freight stats show that trucking sector is returning to its historic mean

    • Survey: parcel delivery drivers are frustrated by using their own smartphones for work

    • Heavy transport across two continents

    • Survey: most Americans unaware that truckers face shortage of parking spaces

    • Supply chain executives not yet seeing expected results from technology investments

    Featured Video

    20221107korber large vs

    Enhancing Customer Experience with Your Supply Chain Strategy

    Viewer Contributed
    With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

    FEATURED WHITE PAPERS

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    • Five tips for parcel success in 2023

    • Guide to Pallet Rack Safety

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing