Ambassador Katherine Thai responded to the House Select Committee on the Chinese Communist Party's concerns about China's practices in the electric vehicle sector. The USTR is focused on addressing threats to the EV sector from Chinese policies and practices. The Biden Administration is taking steps to

China's Cainiao, the world's largest cross-border e-commerce logistics company, reported a 24% increase in revenue in Q4 2023, reaching US$4bn. The company, founded in 2013 by Alibaba Group, specializes in e-commerce logistics solutions, including warehousing and global supply chain services. Cainiao operates in over 200

Labor expert Kevin Kolben highlights the need for U.S. companies to reassess supply chain vulnerabilities in a changing global landscape, emphasizing the risks of labor-related issues. He urges firms to appoint personnel for risk management, collaborate with peers, and comply with supply chain laws. Kolben's insights underscore

Access valuable data for informed decisions through our portfolio. Apparel industry's sourcing patterns and seasonality expose firms to shipping disruptions. Delays are expected during peak sales season due to longer shipping times. Firms discussing supply chains in a cautious manner, with challenges in higher costs. Strategies to mitigate

Business experts recommend companies address hidden labor risks in their supply chains. Global firms face risks such as pandemics, political instability, and labor issues. US companies are advised to comply with the Uyghur Forced Labor Prevention Act. Customs and Border Protection is enforcing the law, leading to delays in product

Lael Brainard praised South Korean firms for boosting U.S. jobs and supply chain at a White House meeting. The discussions focused on the strong economic partnership between the two countries and explored incentives for South Korean investment in the U.S. job market. This collaboration aims to enhance economic

Aerospace industry leaders in the US and Europe have formed a coalition to prevent unauthorized parts from entering the aviation supply chain. The coalition includes Airbus, Boeing, and other major companies, with Robert Sumwalt and John D. Porcari as co-chairs. The coalition aims to strengthen supply chain integrity following a

Fast-fashion brand Shein may move its IPO from New York to London or Asia, seeking a valuation of $80 billion to $90 billion. The retailer faces challenges in the US due to concerns over forced labor in its supply chain, with lawmakers calling for additional disclosures. Shein is considering listing

The US Department of Energy invests $30 million in boosting the EV battery supply chain through the launch of the CIRCULAR Program by ARPA-E. The program aims to develop technologies to extend battery life and reduce production costs, aligning with President Biden's environmental and economic goals. It promotes

The U.S. anti-competitive watchdog, the Federal Trade Commission (FTC), filed a lawsuit on February 26 to block Kroger's $24.6 billion takeover of Albertsons, the country's largest-ever supermarket merger. The FTC argued that the merger would reduce consumer choice and quality of products, as well

Ford, Mercedes-Benz, and Tesla ranked top three in a recent assessment of automakers based on efforts to address carbon emissions and human rights violations in their supply chains. US automakers, particularly Tesla, made significant progress. However, gaps remain in human rights practices, with Toyota, Honda, Kia, and Nissan performing poorly.

Cosmo Tech is partnering with Michelin North America to enhance supply chain simulation and boost operations efficiency. Through AI simulation and digital twins, the aim is to anticipate demand variability and optimize the complex supply chain. This move aligns with Michelin's commitment to deliver superior service to customers.

Yikun Shao, head of supply chain at Alibaba.com, discusses empowering small businesses through supply chain capabilities and the adoption of crowdsourced delivery. Shao also talks about Alibaba's sustainability goals, consumer demand for sustainable retail, and preparing for supply chain disruptions. He shares insights on supply chain trends

U.S. Autoforce is partnering with Logility's Supply Chain Innovation to transform its operations. With a network of 65 locations and over 2.5 million records, the company is looking to expand to 4 million. The collaboration aims to streamline supply chain management with AI and predictive analytics,

US Commerce Secretary Gina Raimondo highlighted the importance of artificial intelligence in driving demand for advanced chips. She expressed confidence that the US can host the entire silicon supply chain for producing these chips. Raimondo's comments were made on Monday, emphasizing the country's potential in this

U.S. Autoforce accelerates expansion with AI supply chain solutions from Logility. The integration aims to improve efficiency and manage a growing database for the automotive service parts distribution industry. The move reflects a broader trend of digitizing supply chains for operational excellence and competitiveness. Challenges include integrating new technologies

HBW Insight reports supply problems for Nestlé's US dietary supplement brands are more fundamental than initially estimated by CEO Mark Schneider. The issue, first flagged up last year, won't be fully resolved until the end of the first half of 2024. The European Medicines Agency rules

First Solar released the first economic analysis of a vertically integrated solar manufacturer's value chain in the US, conducted by the Kathleen Babineaux Blanco Public Policy Center. The analysis focused on the company's forecasted spending in 2023 and 2026, as it plans to expand its manufacturing

ASRC Federal announced that its subsidiary, ASRC Federal Facilities Logistics, LLC, won a Navy Industrial Prime Vendor Generation IV contract for supply chain management and logistics services. The contract, worth up to $500 million, involves supporting depot maintenance at three Fleet Readiness Centers. ASRC Federal is committed to providing reliable,

US Deputy Secretary of Transportation and Maritime Administrator visit Panama to strengthen ties, discuss supply chain priorities, and address climate change impact on Panama Canal. Meetings held with Panamanian government officials to promote cooperation and investment in transportation infrastructure. Emphasis on building resilient global supply chains. Deputy Secretary highlights US

US Commerce Secretary Gina Raimondo expressed confidence in the US housing the entire silicon supply chain for making advanced chips, crucial for artificial intelligence. Raimondo highlighted the importance of the US leading in chip industry for national security and competition with China. She emphasized the need for American manufacturing investments

Partial cloudiness early, with scattered showers and thunderstorms overnight. Low 53F. Winds S at 10 to 20 mph. Chance of rain 50%. North Carolina State aims for NCAA Tournament bubble in game against Florida State. Florida State lost four of its past five games. FSU gives up 74.8 points

US Commerce Secretary Gina Raimondo highlighted the importance of artificial intelligence in the demand for advanced chips, emphasizing the need for the US to maintain control over the silicon supply chain. This move is crucial for national security and to stay ahead of global competition. Raimondo's comments come

The U.S. seeks to enhance defense industrial cooperation with partners in the Indo-Pacific to strengthen supply chain resilience against threats like China. "A strong industrial base is a deterrent," stated Laura Taylor-Kale, assistant secretary of defense for industrial base policy. Nikkei Asian Review has been rebranded as

The United States, Japan, and other Indo-Pacific economies have signed a supply chain resilience agreement, aimed at enhancing collaboration during disruptions. The deal, part of the U.S.-led Indo-Pacific Economic Framework, allows members to secure critical items during supply chain disruptions. China is not involved in the agreement, leading