Owens & Minor handles elevated glove costs; PPE shipments scaling back August 4, 2021 Owens & Minor reported Q2’21 revenue growth of 37.7% year over year as the medical supplies distributor sold more PPE and delivered a “pass-through of elevated glove costs”. The firm, like many others, is experiencing increased “commodity and transportation inflationary pressures” and expects ... Read more →
Grassley’s COVID tariff move may complicate Trump’s onshoring strategy October 9, 2020 U.S. Senate Finance Committee Chair, Chuck Grassley (R-IA) has stated that legislation to cut import duties on medical PPE through 2022 may be possible during the post-election, “lame-duck” session. While that would cut the costs of treating the COVID-19 pandemic it may run counter to the Trum... Read more →
Trump sets medical onshoring in motion after supplies drop in July August 12, 2020 President Trump has issued an Executive Order regarding the onshoring of medical supply sourcing that requires federal authorities to “limit competition to only Essential Medicines, Medical Countermeasures, and Critical Inputs that are produced in the United States”. That comes in the wake of ... Read more →
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