De-risking is the focus at the World Economic Forum in Davos, with leaders warning of overdependence on global supply chains. Policymakers aim for self-reliance in the global value chain amidst geopolitical tensions. However, tech export controls on China are deemed counterproductive, while state subsidies distort international competition. The key lies

Recent geopolitical realignments have caused global economic uncertainty. Supply chain disruptions worsened after the Ukraine conflict, highlighting the vulnerability of the economy due to reliance on few countries for critical materials. The US-China trade conflict and technology trade politics add to the uncertainty. The report discusses India's ESDM

The U.S. Department of State and ASU signed a $13.8 million agreement to build a resilient supply chain in the Americas and Indo-Pacific for semiconductor manufacturing. This initiative is part of the CHIPS Act of 2022 and aims to strengthen the global semiconductor ecosystem. ASU also signed a

Ryder System recently opened a new warehouse in Laredo, Texas, and expanded its drayage yard in Nuevo Laredo, Mexico, to strengthen its position in cross-border logistics between the US and Mexico. The logistics firm handles about 250,000 movements a year across the border, primarily targeting the automotive and hi-tech

The US faces a battery supply chain issue, relying on foreign sources for over 90% of battery raw materials. US Strategic Metals (USSM) aims to address this with a green battery metals platform. Stacy Hastie, CEO, stresses the need for a sustainable, closed-loop battery industry to compete globally. China controls

BSI's Supply Chain Risk Insights Report 2023 highlights global trends and key insights to manage supply chains amid ongoing disruption. Food theft in the supply chain has increased by 29% in 2023, with agricultural food products accounting for one in ten incidents. The report recommends leveraging smart technology

Inspectorio has launched a Supply Chain Management Platform that integrates six solutions for supply chain optimization. The platform connects processes across the production chain, enhancing quality control, responsible sourcing, sustainability, and production management. Using AI, it provides insights on supply chain performance and applies end-to-end visibility for cost savings and

Ryder System Inc. has opened a new logistics operation in Laredo, Texas, and expanded its drayage yard in Nuevo Laredo, Mexico, to support growth in manufacturing and speed up border crossings. The move comes as U.S. companies apply "nearshoring" strategies to shift production closer to home. Ryder&

President Biden allocated $20bn for new port infrastructure development to reduce Chinese influence in US ports, citing spyware risks. The move is part of the Inflation Reduction Act, shifting manufacturing away from China. US-based crane manufacturer Paceco plans to onshore manufacturing. Concerns about cyber-attacks from China on US maritime infrastructure

Tilray Brands, Inc. has acquired eight iconic craft beer brands, leading to the decision to switch to MicroStar's keg management solution for more efficient and sustainable growth. MicroStar's extensive network and partnerships with US beer distributors will support Tilray's expansion. This move will triple

Arizona State University has been selected by the Federal government to lead an initiative strengthening the U.S. supply chain for semiconductor manufacturers. ASU was awarded a $13.8 million cooperative agreement from the U.S. Department of State's Bureau of Economic and Business Affairs through the ITSI

Houthi rebels from Yemen recently attacked ships in the Red Sea, causing disruptions in global trade and affecting the Suez Canal. Shipping on the Suez Canal dropped by 20% year over year, leading to long delays and higher costs for companies. Experts suggest shifting inventory management systems and incorporating only

Supply chain experts are warned of continued challenges in 2024 due to weather, geopolitical conflicts, and labor disputes. Changes in government through elections can impact businesses and supply chains, leading to potential trade restrictions. Tony Harris of SAP Business Network urges companies to plan ahead by researching alternative suppliers, addressing

In 2023, supply chain resiliency remained a top priority due to various global challenges. The White House Council on Supply Chain Resilience was established to strengthen America's security interests. The House Select Committee on the Chinese Communist Party focused on reducing supply chain reliance on China. The Uyghur

Ryder System, Inc. has opened a new logistics operation in Laredo, Texas and expanded its drayage yard in Nuevo Laredo, Mexico. The ports now form the top inland transborder trade port between the U.S. and Mexico. Ryder’s new facilities aim to support manufacturing growth and speed up product

Taurine prices in the USA are expected to rise in February due to high demand and supply chain challenges. China's manufacturing sector is still struggling, leading to obstacles for the economy. Optimistic economic indicators in the US may support increased consumer spending and Taurine prices. Drought in Panama

Ryder System has opened a new 228,000-square-foot logistics facility in Laredo, Texas to support the growing U.S.-Mexico trade. The facility includes 102 truck dock doors and parking for 143 trailers, with plans to improve freight transfer across the border. Ryder manages over 250,000 freight movements annually

Major industrial companies are urging the European Union to lower energy costs and reduce green regulations to improve competitiveness. The group, which includes Ineos Group chairman Jim Ratcliffe, emphasizes the need for cheaper energy, less red tape, and increased clean tech funding. They warn that Europe could fall behind China

Intel CEO Pat Gelsinger announced Intel Foundry to create a resilient supply chain, focusing on shifting manufacturing from Asia to the U.S. to meet high demand. GamesBeat Summit sponsorship opportunities were also highlighted. Secretary of Commerce Gina Raimondo emphasized the need to bring chip manufacturing back to America for

The National Defense Stockpile (NDS) has been crucial in keeping the U.S. military supplied with essential raw materials for over 80 years. However, a restriction on exports from China highlighted the ineffectiveness of the NDS as a "panic button." This realization has alarmed top-level officials in the

US and Japan discuss forced labor in Xinjiang during talks on workers' rights in supply chains. The US-Japan Task Force aims to protect human and labor rights through trade policy. Ecotextile News is an environmental magazine providing daily coverage and expertise for the textile and fashion industries. Source: Link

A partnership between JFrog Ltd. and Carahsoft Technology Corp. allows U.S. Government organizations to secure their software supply chains with automated workflows. The Secure Software Development Framework (SSDF) ensures compliance with NIST guidelines, protecting against cybersecurity threats. By integrating security into each phase of software development, agencies can release

Mexico has become the largest exporter to the US, surpassing China. The trend towards shorter supply chains and nearshoring has boosted Mexico's appeal for manufacturing, particularly in industries like automotive and machinery. Companies need to carefully plan site selection, ensure a stable supply of electricity and water, and

ASU President Michael Crow shakes hands with a U.S. Department of State official in Washington, D.C. ASU was awarded a $13.8 million cooperative agreement to enhance resilient supply chains for U.S. semiconductor manufacturers. The initiative aims to support economic growth and security through workforce development and

The U.S. auto industry shows resilience amid supply chain struggles. Challenges and opportunities coexist, propelling the sector through disruptions and highlighting innovative growth. Foreign firms invest in the U.S. market, increasing competition. Mergers and acquisitions reshape the industry. Consumer pricing pressure persists, offering deals for savvy buyers. The