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LATEST PUBLICATIONS



Hapag-Lloyd Warns of Further Earnings Decline in 2024

March 14, 2024

Category: Logistics, Process

Following a slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024. “We have made a satisfactory start to the current financial year, but the economic and political environment remains volatile and challenging […]


Rivian Puts Georgia Factory Plans on Pause

March 7, 2024

Rivian Automotive is halting plans to build a new multibillion-dollar factory in Georgia, an abrupt reversal aimed at cutting costs while the company prepares to launch a cheaper electric vehicle. The decision will save the automaker more than $2.25 billion […]


$1.5 billion Chips and Science Act money for Globalfoundries

February 19, 2024

Category: News

The funding will support three GF projects: Expansion of the company’s Malta, NY, fab by adding critical technologies already in production in GF’s Singapore and Germany facilities geared towards enabling the U.S. auto industry to ensure supply chain resilience for […]


Regulations

United Steelworkers and Other Unions Petition the Biden Administration to Investigate China’s Shipbuilding Practices

March 12, 2024

Via: Alliance for American Manufacturing

The United Steelworkers (USW) joined with several other trade unions on Tuesday to officially file a “Section 301” petition urging the Biden administration to launch an investigation into China’s commercial shipbuilding. USW International President Dave McCall officially unveiled the petition […]