What an Adult Tricycle Says About the World’s Supply-Chain Problems

Catrike has 500 of its three-wheeled bikes sitting in its workshop in Orlando, Fla., nearly ready to be sent to expectant dealers. The recumbent trikes have been waiting for months for rear derailleurs, a small but crucial part that is built in Taiwan. “We’re sitting on $2 million in inventory for one $30 part,” said Mark Egeland, the company’s general manager. The company’s problems offer a window into how supply-chain disruptions are rocking companies in the United States and around the world, pushing inflation higher, delaying deliveries and exacerbating economic…