Logistics News in 60 Words - Traqo.io (Page 39)

FDA Protects Patients from Harmful Drugs Through the DSCSA

The U.S. Food and Drug Administration is implementing the Drug Supply Chain Security Act (DSCSA) to ensure the safety and security of the drug supply chain. The law requires trading partners to implement measures to trace and verify prescription drugs from manufacturers to dispensers. Recently, the FDA announced a

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US government turns to more domestic pharma manufacturing to ...

President Biden led the first meeting of the White House Council on Supply Chain Resilience, focusing on reducing American reliance on foreign drug and API manufacturers. The push for boosting domestic pharmaceutical manufacturing comes as drug shortages reach an all-time high. For example, cancer drugs like cisplatin have been in

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Business of Defense Podcast with Steve Geary of Supply Chain ...

Steve Geary, president of Supply Chain Visions, discussed the importance of managing physical supply chains in the federal government during an episode of The Business of Defense podcast. Geary's company specializes in analyzing and addressing complex supply chain challenges around the world. He highlighted the need for expertise

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BidenHarris Administration Announces Actions to Strengthen Clean ...

The US Department of Energy has announced $275 million in funding for seven projects aimed at strengthening clean energy supply chains and domestic manufacturing in former coal communities. These projects, funded through President Biden's Investing in America Agenda, will create nearly 1,500 high-quality jobs and leverage over

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BidenHarris Administration Partners with Ag Producers to ...

The U.S. Department of Agriculture (USDA) is investing nearly $196 million in 185 projects across 37 states and Puerto Rico to strengthen American food and agriculture supply chains and lower food costs. These investments, part of President Biden's Bidenomics agenda, aim to expand markets for agricultural producers

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First supply chain expo looks to bolster global supply chains_china ...

China is hosting its first China International Supply Chain Expo (CISCE) in Beijing from Nov. 28 to Dec. 2. The expo aims to bolster global industrial and supply chains, positioning China as a hub for connecting domestic and foreign companies. The event focuses on embracing interconnectedness and overcoming disruption risks.

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China hits back at West's derisking strategy at supply chain expo

Chinese Premier Li Qiang stated at the China International Supply Chain Expo that China opposes protectionism and aims to strengthen supply chain partnerships with all countries. This comes as multiple nations express concerns about their dependence on China for supply chains. Recent geopolitical tensions have led some foreign businesses to

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BidenHarris Administration Announces Supply Chain Resilience ...

President Biden and Secretary of Homeland Security Alejandro N. Mayorkas have announced the creation of the Supply Chain Resilience Center (SCRC) as part of the White House Council on Supply Chain Resilience. The SCRC will collaborate with the private sector to secure supply chains, analyze vulnerabilities, and conduct scenario planning.

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Biden Convenes New Council on Supply Chain Resilience Voice of America

President Joe Biden has announced new actions to strengthen America's supply chain and lower costs for US families. The White House Council on Supply Chain Resilience will invoke the Defense Production Act to invest $35 million in the domestic manufacturing of key medicines. The initiatives aim to reduce

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The US has a new supply chain resilience council

President Joe Biden has announced the creation of a new supply chain resilience council in the US, aimed at improving access to medicine and economic data. Meanwhile, a humanitarian pause in fighting has been extended for two days in Gaza, allowing for more hostage and prisoner swaps. Tesla is suing

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Biden announces raft of measures aimed at securing supply chains for World War III

The Biden administration has announced new measures to secure US supply chains, including the creation of a White House Council on Supply Chain Resilience. The moves are presented as reducing costs for American consumers but are seen as reorganizing vulnerable supply chains due to US imperialism's push for

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Biden launches new White House supply chain council with aim to reduce inflation

President Joe Biden announced 30 new policy initiatives to strengthen the U.S. supply chain and lower prices for consumers. Inflation has eased in recent months but concerns remain. The initiatives aim to make the coordination and delivery of goods more efficient, lowering costs. The new supply chain council will

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President Biden Remarks on Supply Chains | November 27, 2023 C

President Biden announced the creation of the Council on Supply Chain Resilience to address lowering consumer costs and securing supply chains. He also invoked the Defense Production Act of 1950 to stimulate the production of essential medicines in America. Transportation Secretary Pete Buttigieg discussed the impact of infrastructure investments on

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Form 8.5 (EPT/RI) abrdn European Logistics Income plc

Investec Bank PLC in London has made a public dealing disclosure under Rule 8.5 of the Takeover Code. The disclosure includes information on purchases, sales, derivative transactions, exercise, and other dealings. This information is required to be disclosed to a Regulatory Information Service. Source: Link Frequently Asked Questions Q:

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Marine and agroindustrial estates, logistics master plan part of DA ...

Agriculture Secretary Francisco Tiu Laurel, Jr. is developing marine and agro-industrial estates and a logistics master plan to ensure stability in the country's food supply. The Philippine Fisheries Development Authority (PFDA) charter will be amended to broaden its role in managing these estates. Laurel aims to create one-stop

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Saudia Cargo, Cainiao, WFS/SATS to increase Liege collaboration

Saudia Cargo, Cainiao, and Worldwide Flight Services (WFS) have announced plans to strengthen collaboration and improve efficiency in global logistics operations. As part of this initiative, dedicated space will be established in Cainiao's European hub in Belgium. The partnership aims to meet the growing demand for high-quality logistics

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Major Polish Cargo Operator Selects CTPark Gdańsk Port as New ...

CTP, Europe's largest listed developer and manager of industrial properties, has signed a 10-year lease with Polish cargo operator Morska Agencja Gdynia (MAG) for space at the CTPark Gdańsk Port logistics park in Poland. MAG will integrate its existing warehouse space into the new location, optimizing its operations

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Joe Biden to announce new actions to strengthen supply chain

President Joe Biden announced 30 new policy initiatives to boost U.S. supply chain resilience and reduce costs for American consumers. The move comes amid inflation concerns, with Biden highlighting recent reductions in goods prices including those over Thanksgiving. The new White House Council on Supply Chain Resilience includes Cabinet

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US, China pitch rival supplychain visions in latest economic clash

The US and China are presenting competing strategies for creating resilient supply chains, each tailored to their economic interests. President Biden announced 30 measures to bolster American supply chains, emphasizing economic and national security, attracting support from 14 Asia-Pacific nations. As tensions mount over economic integration, China hosts an expo

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FTR's Trucking Conditions Index shows solid sequential ...

The Trucking Conditions Index (TCI) improved slightly to -8.97 in September from August's -12.54, indicating less severe challenges for carriers. FTR attributes this slight upturn to stable fuel costs and a modest rise in freight demand. However, the industry still faces a difficult environment with excessive

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Jafza completes phase 1 of new logistics park

DP World's Jebel Ali Free Zone (Jafza) in Dubai completed Phase 1 of its Logistics Park, boasting a 562,507 square foot multi-tenant warehousing facility. Developed with Group AMANA, the park offers amenities including 'Grade-A' dry pharma storage, temperature-controlled warehouses, and offices with full occupancy achieved

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From Whiteboard to Warehouse: Writing an Effective Warehouse ...

Brian Hammond, Senior Sales Executive at Exotec, will lead a webinar focusing on the RFP process for warehouse automation. He will discuss best practices and common pitfalls to ensure companies select the most suitable warehouse solution, emphasizing the importance of careful planning to avoid costly mistakes and inefficient systems. Source:

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Richest Billionaires in Logistics Industry (November 27, 2023)

Klaus-Michael Kuehne is the wealthiest in the logistics industry with $29.7 billion as of November 27, 2023. Gianluigi and Rafaela Aponte follow closely with $27.5 billion each. John Fredriksen and the Saadé family members hold the next spots, with Enrique Razon Jr, Dennis Washington, and Fred Smith rounding

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MegaJolt: The Costs and Logistics of Plugging in EVs Are About to ...

Energy Secretary Jennifer Granholm's electric vehicle (EV) promotion tour in Georgia faced challenges, including a staff member blocking an EV charger and a local owner calling the police. While EV sales rise, reaching 10% in September, and California leads with 25% EV sales, broad adoption faces hurdles like

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In medical breakthrough, UPS and KODA ship firstever unattended ...

UPS's Express Critical team, in collaboration with the Kentucky Organ Donor Affiliates, successfully shipped a kidney using a perfusion pump on a UPS plane, marking the first unattended flight of its kind. The innovative medical transport saved 54-year-old Ricky's life, a double transplant patient, and reflects