Logistics News in 60 Words - Traqo.io (Page 3)

Ahold Delhaize USA works on sustainability, traceability in shrimp supply chain

ADUSA, part of the Shrimp Decarbonization Initiative by Thai Union Group, aims to reduce greenhouse gas emissions in the shrimp supply chain. The program, developed with The Nature Conservancy, targets producing 1,000 metric tons of sustainably sourced shrimp. The shrimp will be traceable from hatchery to shipment and sold

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Top 10: Women in Supply Chain and Procurement in APAC

Supply Chain Digital and Procurement Magazine recently published their Top 100 Women supplements, highlighting women leaders in supply chain and procurement. Augusta Vargas-Prada from Melco Resorts, Brenda Ong from Cushman & Wakefield, Michelle Shi-Verdaasdonk from Dyson, Maria Campbell from Goldman Sachs, Thina Wallin from Schneider Electric, Vandita Pant from BHP,

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Diagon puts exTesla supply chain muscle to work for small businesses

Will Drewery founded Diagon, a startup that helps manufacturers source equipment. He drew inspiration from his experience sourcing equipment for Tesla factories. The company uses AI to assist companies in identifying qualified suppliers and managing complex projects. Drewery's background includes working in the steel industry, consulting, and working

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A Double Edge to International Supply Chain

A new research report by the National Center for the Middle Market and the Center for International Business Education reveals that U.S. middle market companies are thriving in international supply chains. Revenue growth and cost savings are top benefits for sellers and purchasers, with expansion into new markets on

Logisitcs US

Prologis Stock Spearheads U.S. Logistics Boom: Key Insights

The U.S. real estate sector has underperformed in the past year, with Vanguard Real Estate ETF falling behind the S&P 500 by 24%. Blackstone's $10 billion investment in residential housing may signal changing sentiment. Prologis Inc. could benefit from a potential logistics and warehouse boom.

Logisitcs US

Biden and US trade office target China’s steel, maritime and logistics sectors

US Trade Representative Katherine Tai has pledged to thoroughly investigate allegations of China utilizing unfair practices to dominate global markets. A Section 301 investigation will determine if Chinese government actions burden US commerce. The investigation may result in duties or import restrictions. Labor unions and US senators have endorsed the

supply chain India

ProcMart Bags $30 Mn To Boost Supply Chain Integration For Businesses

ProcMart, a Noida-based B2B procurement marketplace, raised $30M in a Series B funding round led by Fundamentum Partnership and Edelweiss Discovery Fund. The company plans to explore strategic acquisitions, enter new industries, expand distribution network in India and strengthen international operations. ProcMart aims to optimize supply chain, expand contract manufacturing

supply chain India

Navata Supply Chain Solutions Raises Preseries A Round from Equanimity Ventures

Navata Supply Chain Solutions in Hyderabad secures Pre-series A funding from Equanimity Ventures to transform India's supply chain industry. Co-founded by Hima and Vineel Parvataneni, Navata aims to lower supply chain costs and enhance operations through tech-driven solutions. The partnership will help Navata expand its network nationwide and

supply chain India

Breaking Free From Chemical Chains: The Rise Of Organic Farming In India

India is moving towards organic farming solutions with a focus on personal finance, markets, companies, economy, and real estate. The budget for 2024 and income tax are key topics of discussion. Microsoft veteran sacked after 33 years, while two constables found dead in UP. In Bengaluru, Section 144 will be

supply chain India

Apple may partner with Tata, Murugappa group to make these iPhone parts in India

The TOI Tech Desk is a team of journalists providing the latest technology news for readers of The Times of India. Coverage includes gadget launches, reviews, trends, analysis, exclusive reports, and breaking stories on AI, cybersecurity, personal gadgets, and platforms like WhatsApp and Facebook. With accurate and authentic reporting, TOI

supply chain India

HPE starts rolling out madeinIndia servers; plans to enhance local sourcing

Murugappa Group and Tata may produce iPhone camera modules in India. Indian pharma exports to the US are rising. Ather aims to challenge TVS and Ola in e-scooter market. Equities are volatile, five factors causing concern. Download The Economic Times News App for updates. Source: Link HPE's Made-in-India

supply chain India

iPhone exports from India doubles to $12.1 bn

India's iPhone exports showed a massive increase, nearly doubling to $12.1 billion in 2023-24 from $6.27 billion the year before. Total smartphone exports from India also rose to $16.5 billion. Apple's shift in manufacturing to India is evident with India-made iPhones gaining momentum

supply chain India

India's Veefin expands Supply Chain Finance & Digital Lending in Africa with Computech Limited

Veefin, a global Digital Lending & Supply Chain Finance provider, has partnered with Computech Limited in East Africa to offer digital lending and supply chain financing solutions for financial institutions. This collaboration aims to streamline supply chain finance in the region. Veefin's CEO highlighted the importance of this

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Can US curb Iran's oil exports? China emerges key link keeping Tehran's supply chain insulated

Recent missile and drone strikes by Iran against Israel have sparked calls in the US to tighten sanctions. However, President Biden faces challenges in curbing Iran's oil exports due to concerns over high energy prices and upsetting trade partner China. Despite strict US sanctions, China remains Iran'

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TVS Supply Chain Solutions North America earns recognition as a John Deere 'Partnerlevel Supplier'

TVS SCS North America has achieved the prestigious John Deere Partner-level Supplier recognition for 2023. The company was praised for its dedication to providing high-quality products and services, as well as commitment to continuous improvement. TVS SCS supports John Deere with various services and is part of the 'Achieving

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(News Focus) Samsung Electronics set to expand chips supply chain after US$6.4 bln U.S. grants

Samsung Electronics Co. receives a $6.4 billion subsidy from the U.S. government to expand its semiconductor production in Texas. The funding aims to boost U.S. semiconductor production to 20% globally by 2030. The company plans to increase its investment to over $40 billion, constructing a new production

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3 in 4 U.S. Shoppers Embrace Omnichannel: Study

A recent study by ShipStation revealed that 73% of U.S. consumers utilize a combination of online research, physical store visits, and buy-online-pickup-in-store options before making purchase decisions. Al Ko, CEO of Auctane, emphasized the importance for retailers to be present across various platforms to provide a unified customer experience.

supply chain US

How COVID19 impacted supply chains and what comes next

EY helps clients create value through services and solutions that build trust and facilitate transformation in the working world. They focus on innovative strategies in areas such as AI, technology transformation, and sustainability services. EY aims to bring together exceptional individuals to shape a better future. Through insights and services,

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Sulzer Strengthens its U.S. Manufacturing and Supply Chain Partnerships

Sulzer invests over CHF 10 million to expand production capabilities in the U.S., strengthening supply chain partnerships and complying with the Build America Buy America Act. New production lines offer additional employment opportunities. Sulzer also commissions a facility in Portland, Oregon for BABA-compliant vertical turbine pumps. Division President Jan

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US Reviewing Trade Sanctions to Tackle China Supply Chain Threats

White House trade chief Katherine Tai is considering reintroducing some Trump-era tariffs on Chinese imports to combat threats posed by China's trade and economic policies. Tai will address lawmakers about these concerns, focusing on dependencies and vulnerabilities in multiple sectors that harm American workers and businesses. The Biden

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A Domestic U.S. Mining & Rare Metals Supply Chain Still Lacks Industry & Political Support

The U.S. needs to develop a domestic mining and rare metals supply chain to increase sourcing diversity and ensure resilience in supply chains for national security and economic stability. The Department of Defense is collaborating with rare earth miners and manufacturers to achieve a "mine-to-magnets" supply chain.

supply chain India

Tata Electronics inks deal with Tesla for semiconductor chips ahead of Elon Musk India visit: Report

Tesla has signed a deal with Tata Electronics to acquire semiconductor chips for its operations worldwide, indicating interest in building a supply chain in India. CEO Elon Musk is expected to visit India and announce potential investments. Tesla is exploring sites in India for a manufacturing plant with an investment

supply chain India

Reshape Indian economy by ‘servicification’ of manufacturing

India's demographic dividend is seen as a key factor for economic growth, with a young population and a focus on developing manufacturing capabilities. However, India faces challenges in providing skill sets to its workforce, leading to a high rate of unemployable graduates. The Production Linked Incentive (PLI) scheme

supply chain India

Tesla partners with Tata Electronics for semiconductor supply

US electric vehicle manufacturer Tesla has partnered with Tata Electronics for semiconductor chip procurement. The deal positions Tata Electronics in India's semiconductor value chain. Tesla plans to expand its supply chain in India and CEO Elon Musk is expected to visit soon to announce the company's

supply chain India

Tesla Is Set To Diversify Supply Chain By Making Tata Electronics Its Strategic Partner For Semiconductor Chips: Report

FLASH OFFER: Subscribe for Just ₹699. Tesla partners with Tata Electronics for semiconductor chips supply. Tata Electronics is expanding its semiconductor business with investments of $14 billion. Elon Musk to visit India and meet with PM Modi, expected to make significant announcements including the launch of Starlink service and $2-3