Adhikansh Gupta - Traqo.io (Page 31)

Spanish logistics company secures 50% stake in ammonia terminal in US

Spanish logistics company Exolum has acquired a 50% stake in Vopak Moda Houston (VMH), an ammonia storage terminal on the Houston Ship Channel, from U.S. Moda Midstream. The acquisition allows Exolum to establish a presence in the U.S. Gulf Coast ammonia logistics infrastructure and supports its business development

supply chain India

Navigating the Road to a 5 Trillion Economy: Logistics and Supply Chain Initiatives in India

In today's news, the focus is on logistics and supply chain initiatives in India's road to a 5 trillion economy. Samsung is set to launch its Galaxy S24 series soon. Stocks of HDFC Bank, Asian Paints, LTIMindtree, and Alok Industries are in focus. Kolkata's

supply chain India

Davos 2024: Investors Eye India's Integration into Global Supply Chain; Anticipated RBI Rate Cuts

Indian banking sector, represented by The Official State Bank of India, is poised for growth and could shape India's monetary policy by introducing rate cuts in Q3CY24. This move would not only impact India's financial landscape but also have a ripple effect on global financial markets.

supply chain India

China Weakens, Vietnam Losing Shine: Should India Chase Global Supply Chain Hub? – Analysis

China's economic decline and Vietnam's reliance on Chinese imports have led to a decline in Vietnam's supply chain manufacturing. Vietnam's exports to the US, Japan, and the EU have been affected, with total exports falling by 4.4% in 2023. This has

supply chain US

North American Manufacturers Go Digital to Navigate Changes

Industrial companies in North America are investing in smart manufacturing, supply chain improvements, and aftermarket services to address market trends, according to a report by Information Services Group (ISG). Factors such as inflation, supply chain issues, regional conflicts, and accelerated product release cycles have prompted companies to invest in technology

supply chain India

India Signs Agreement For Lithium Exploration, Mining Project In Argentina

Indian state firm Khanij Bidesh India (Kabil) has signed a $24 million lithium exploration deal in Argentina. This marks the first-ever project involving the mining and exploration of lithium by an Indian government company. Kabil will conduct research and development on 15,703 hectares of land in Argentina's

supply chain India

YES BANK deploys SmartFin, powered by Veefin's Supply Chain Finance solution

YES BANK, India's sixth largest private sector bank, has launched a digital supply chain finance platform called SmartFin. Powered by Veefin Solutions, the platform aims to support dealers and suppliers of corporate clients by providing digital SCF loans. SmartFin integrates with India's digital infrastructure and other

supply chain India

Tesla EV plans spur 'Musk pilgrimages' from India and Southeast Asia

Indian and Southeast Asian leaders are urging Tesla CEO Elon Musk to consider investing in their countries as the automaker looks to reduce its reliance on the Chinese market. In June, Indian Prime Minister Narendra Modi met with Musk in New York, following discussions between Tesla and the Indian government

supply chain India

India to gain from supply chain diversification; domestic market to provide support in 2024: Moody's

The Sony-Zee merger is potentially becoming a hostile takeover. Godrej Properties is valued similarly to FMCG firms despite negative cash flow. Binance and WazirX co-founder Nischal Shetty have set a timeline to resolve ownership issues. Tata Motors' Nexon has succeeded in the compact SUV market. A metal stock has

supply chain India

Davos 2024: India Preferred Place For Supply Chain Retailers, Says Welspun Livings Dipali Goenka

India has become a preferred location for sourcing and supply chain retailers due to its strategic position and stable government, according to Dipali Goenka of Welspun Living Ltd. She highlighted the importance of artificial intelligence and machine learning in predicting consumer buying patterns. Goenka also mentioned that Welspun is monitoring

supply chain India

PTC Industries and Nasmyth sign MoU to vertically integrate supply chain solutions from India and provide global ...

PTC Industries and Nasmyth have signed a MoU to collaborate on global solutions for defence and aerospace customers in India and worldwide. The partnership will focus on developing engineering capabilities in India, expanding PTC's support for Indian customers, and offering capacity growth opportunities. The collaboration aims to provide

supply chain US

DHL Supply Chain expands electric yard truck fleet in the US

DHL Supply Chain has added its 50th electric yard truck, manufactured by Orange EV, to its operations in the US. The company estimates that by using electric trucks instead of diesel, it will eliminate over 2,500 tons of CO2 emissions annually. DHL Supply Chain plans to phase out diesel

supply chain US

mLLDPE Prices Surge in European and US Markets Amidst Supply Chain Disruptions

In January 2024, the mLLDPE market saw a surge in spot prices in Europe and the US. Sellers in Europe increased prices due to a perceived market bottom and material shortages, while geopolitical tensions in the Middle East disrupted shipping and reduced import volumes. In the US, mLLDPE prices rebounded

supply chain US

The quiet reason America fixed its supply chain crisis

The decline in shipping container volumes arriving at U.S. ports has contributed to the reduction in inflation and alleviated the supply chain crisis. Data from Panjiva and S&P Global Market Intelligence shows that imports in 2023 returned to pre-pandemic levels, following a record surge in 2021. This

supply chain US

Supply Chain News: US Market for Warehouse Space Reverting to the Mean

Demand in the warehouse market, which had been red hot since the start of the pandemic, is now slowing down as the market returns to normal. Vacancy rates are expected to rise further as new warehouses are built and demand decreases. However, lease rates have remained slightly higher in the

supply chain US

Vietnam’s pivot

Vietnam has emerged as a key player in the power dynamics between the US and China in Southeast Asia. The US sees Vietnam as a potential ally in countering China, and President Biden's recent visit to Vietnam symbolizes a strengthening of bilateral relations. Meanwhile, China is also strengthening

supply chain US

[ED] Escalating SinoUS trade row

The conflict between the US and China is intensifying as both countries take positions on semiconductor and rare earth metal issues. The US plans to investigate American companies importing Chinese-made legacy semiconductors, claiming it will level the playing field and reduce national security risks. China argues that this move will

supply chain US

FDA warns of fake Ozempic in US drug supply chain

The FDA issued an advisory warning about counterfeit Ozempic shots in the drug supply chain. The agency has seized thousands of units of the counterfeit product and is investigating the occurrences of fake semaglutide. The FDA advised wholesalers, pharmacies, healthcare practitioners, and patients to check their products and not use

supply chain India

Warehouse Management: A New Frontier for Elevating Efficiency in the Indian Supply Chain Sector

The Indian supply chain sector is focusing on warehouse management to improve efficiency. Elon Musk's SpaceX and the US Space Force's secret mission with the spy plane X-37B has been delayed. The government is working on a cabinet note for the Delhi-Alwar and Delhi-Panipat RRTS corridors.

supply chain India

Top 3 stocks that are investing heavily in India's EV supply chain | Mint

Investor interest in electric vehicle (EV) stocks has shifted towards the importance of batteries in the industry. With the increasing demand for batteries, many manufacturers are considering building their gigafactories or partnering with others. Hindalco, an Indian aluminium and copper manufacturing company, plans to invest ₹8 billion to set up

supply chain US

Taiwan companies to invest more in Mexico amid global supply chain reshuffle

The Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) and Mexico's National Auto Parts Industry (INA) signed a memorandum of understanding (MOU), highlighting Mexico as a potential advantage for Taiwanese companies in the global supply chain reshuffle. TEEMA stated that Mexico's inclusion in the United States-Mexico-Canada

supply chain US

A Strong Supply Chain Fortifies National Security

The Department of Homeland Security (DHS) has established the Supply Chain Resilience Center (SCRC) to strengthen and secure U.S. supply chains. President Biden and Homeland Security Secretary Alejandro Mayorkas introduced the SCRC on Nov. 27. The center aims to collaborate with the private sector to analyze vulnerabilities, mitigate disruptions,

supply chain US

Mitsubishi HC Capital America Provides Supply Chain Financing to 954 Consultants

Mitsubishi HC Capital America has partnered with 954 Consultants to offer a supply chain financing solution to support the company's expansion in the commercial and government sectors. 954 Consultants provides IT networking, cloud and consulting services for small, middle-market, and enterprise companies across the US. The partnership allows

supply chain US

Spanberger Leads Bipartisan Effort to Address Critical Medication Shortages, Reduce American Reliance on China

Nearly 80 percent of pharmaceutical manufacturing facilities are located outside of the United States. U.S. Representatives Abigail Spanberger, Angie Craig, and Jefferson Van Drew have introduced the bipartisan RAPID Reserve Act to incentivize American-based manufacturers to increase reserves of critical pharmaceutical ingredients and reduce the country's reliance

supply chain US

How Yum! Brands Is Making Its Supply Chain More Sustainable

Yum! Brands, the parent company of KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, is investing in partnerships with dairy, beef, and poultry suppliers to reduce carbon emissions and develop resilient agricultural practices. The company aims to cut greenhouse gas emissions intensity from core proteins by 46% by