Tag: supply chains

June 26, 2024

Dozens of U.S. industry associations urged the White House to help restart stalled talks between East and Gulf coast dockworkers and port operators, saying a strike is the last thing the economy needs amid already strained global supply chains. Earlier […]

December 1, 2023

Economic conditions and other factors are driving manufacturers and distributors to look for creative ways to gain more efficiency and productivity from their material handling operations, according to Ultimation Industries. “Warehouses and distribution centers are evolving based on the changing […]

September 27, 2023

Supply chain disruptions are easing. That’s the takeaway from a recent survey of large companies – firms with annual revenues from $500 million to $50 billion – that said their losses attributed to such problems halved in 2022 as compared […]

January 18, 2023

A significant slump in order volumes across US supply chains took the shine off a slight improvement in global trade activity in Q4-2022, according to the latest data from Tradeshift, the digital network for global trade. Tradeshift’s Index of Global […]

June 8, 2021

The White House on Tuesday unveiled a report with new initiatives to shore up supply chains for critical resources like semiconductors, batteries, rare earth minerals and pharmaceuticals. This all-of-government approach could bear positive economic implications, create new American jobs, and […]

January 22, 2021

A 20% rise in the price of cobalt since the beginning of this year shows how the rush to build more electric vehicles is stressing global supply chains. Already a shortage of semiconductors is slowing the recovery in auto production. […]

August 12, 2020

For those in manufacturing, the question remains: “how can we best adjust to the impact thrusted upon us due to the pandemic, and what measures can we take to help us accelerate out of this climate?” Even more, it’s imperative […]

August 11, 2020

The pandemic has increased stress levels across industries, leading to lapses in health and safety practices that put workers at heightened risk for exposure and injury. To better protect their workforces, including their third-party contract workers, companies are taking a […]

March 5, 2020

Apple’s manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business. The Taiwanese company, which assembles Apple’s iPhones, saw revenue sink 18.1% in […]

February 26, 2020

Moody’s Investor Service is slashing its global vehicle sales forecast as the coronavirus outbreak reduces demand and disrupts automotive supply chains. The firm now expects global auto sales to slump 2.5% in 2020 instead of a 0.9% drop previously expected. […]

November 7, 2018

With U.S. levies on $200 billion of Chinese products set to balloon to 25% in 2019, companies on the mainland making everything from car parts to cameras are lining up other production facilities across Southeast Asia. Ayala Corp., the Philippines’ […]