Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

IHS MARKIT LTD.

(INFO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

IHS Markit : Why the Supply Chain Crunch Will Continue Into 2022

10/22/2021 | 05:44pm EST
Why the Supply Chain Crunch Will Continue Into 2022

October 22, 2021


By Daniel Yergin and Peter Tirschwell
Washington Post

Excerpt and link to the full article follows

Last week, President Biden assumed the unofficial title of supply-chain manager in chief. He proposed a "90-day sprint" to try to untangle the gigantic snags in global trade that, as of Thursday, had forced 79 container ships to anchor off the ports of Los Angeles and Long Beach, an all-time record. With no berths available, they were unable to unload cargo with a combined value of almost $8 billion, according to industry sources and our organization's proprietary data.

Biden's fixes are limited. The Great Supply Chain Disruption has been more than a year in the making (last October the first three container ships idled off the Los Angeles-Long Beach port complex), and the supply chain mess will almost certainly continue deep into 2022.

The president's alarm is justified. Supply chain woes are snarling the U.S. economy and stoking inflation. Factories are temporarily shutting down, manufacturers delaying deliveries, agricultural exporters losing overseas markets, retailers struggling with empty shelves and consumers worrying whether orders will arrive by Christmas.

The Biden administration brokered a deal to have the Los Angeles-Long Beach port complex - the nation's largest - operate around the clock, rather than its usual 16-hour days, and obtained agreements from some major importers to pick up containers in the middle of the night.

That's a move in the right direction, but it's a small step: The initial agreement with shippers covers less than 5 percent of the containers moving through the complex….

Read the full article here: https://wapo.st/2XCoyqF

News powered by iR Direct -
Copyright © 2021 Issuer Direct Corporation.
All Rights Reserved.

Disclaimer

IHS Markit Ltd. published this content on 22 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2021 21:43:10 UTC.


© Publicnow 2021
All news about IHS MARKIT LTD.
12/07Deepening Underinvestment in Hydrocarbons Raises Specter of Continued Price Shocks and ..
BU
12/07PMI : Supply chain crisis and soaring inflation eases in construction sector
AQ
12/02Leaders of American Petroleum Institute and American Clean Power Association Discuss th..
BU
12/02Poland's PMI climbs to highest point since August
AQ
12/02PMI : UK factories whacked by 'relentless' cost hikes again
AQ
12/01IHS MARKIT LTD. : Other Events, Material Modification to Rights of Security Holders, Finan..
AQ
12/01Turkish manufacturers raised selling prices at sharpest pace on record shows November P..
AQ
12/01S&P Global Announces Results of Early Participation in Exchange Offers and Consent Soli..
PR
11/29IHS MARKIT LTD. : Other Events (form 8-K)
AQ
11/24IHS MARKIT : Engineering and Construction Cost Increases Slow in November, IHS Markit Says
PU
More news
Analyst Recommendations on IHS MARKIT LTD.
More recommendations
Financials (USD)
Sales 2021 4 623 M - -
Net income 2021 715 M - -
Net Debt 2021 4 156 M - -
P/E ratio 2021 74,0x
Yield 2021 0,61%
Capitalization 52 615 M 52 615 M -
EV / Sales 2021 12,3x
EV / Sales 2022 11,7x
Nbr of Employees 16 000
Free-Float 76,7%
Chart IHS MARKIT LTD.
Duration : Period :
IHS Markit Ltd. Technical Analysis Chart | INFO | BMG475671050 | MarketScreener
Technical analysis trends IHS MARKIT LTD.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 131,92 $
Average target price 137,29 $
Spread / Average Target 4,07%
EPS Revisions
Managers and Directors
Lance Darrell Gordon Uggla Chairman & Chief Executive Officer
Jonathan Gear Chief Financial Officer & Executive Vice President
Yaacov Mutnikas Chief Technology Officer & Chief Data Scientist
Sari Granat Chief Administrative Officer & Executive VP
Deborah Doyle McWhinney Independent Director
Sector and Competitors