supply chain US - Traqo.io (Page 15)

Watch: Building a Resilient Domestic Supply Chain

Simon Geale, executive vice president of procurement at Proxima, believes that President Biden's new White House Council on Supply Chain Resilience, while it may not have immediate impact, shows a commitment to strengthening domestic supply chains. Geale explains that supply chain regionalization, where manufacturers move production closer to

supply chain US

Will India Replace China in the U.S. Drug Supply Chain?

Dr. Rahul Tiwari believes that Indian pharmaceutical companies have the opportunity to replace China in supplying critical materials to the US drug supply chain. The growing tensions between the US and China, coupled with shortages during the COVID pandemic, have highlighted the US's dependence on China. Tiwari suggests

supply chain US

Above the Fold: Supply Chain Logistics News (February 9, 2024)

Mexico has surpassed China as the leading source of goods imported by the United States in 2023. The value of goods imported by the United States from Mexico rose nearly 5% to more than $475 billion, while Chinese imports tumbled 20%. This shift is likely a result of strained US-China

supply chain US

S&P Downgrades Orsted On U.S. Offshore Risks

S&P has downgraded Danish wind power company Orsted to BBB due to higher leverage on its balance sheet and U.S. impairments in 2023. The offshore wind industry has faced challenges such as supply chain delays and rising costs. Orsted remains confident in its ability to manage these

supply chain US

Mexico overtakes China as top exporter to US; American trade deficit narrows by the most since 2009

Mexico surpassed China as the largest goods exporter to the United States in 2023, according to the US Bureau of Economic Analysis. Imports from China decreased by 20% to $427.2 billion, while Mexican exports increased by 5% to $475.6 billion. This shift is due to US firms diversifying

supply chain US

Middle East turmoil and a US pause offer Australia LNG opportunities

The United States has become the world's largest exporter of liquefied natural gas (LNG), surpassing Australia. However, a pause in US exports without free trade agreements has raised concerns and threatens to slow down LNG expansion. This presents an opportunity for Australia to restore its reputation as a

supply chain US

The U.S. Bought More Goods from Mexico than China in 2023

Mexico surpassed China as the top source of imports for the United States in 2023, with Mexican exports reaching $475.6 billion, while Chinese exports fell by 20% to $427.2 billion. The trade relationship between the US and China is being affected by geopolitical tensions, with trade flows decoupling.

supply chain US

Meet the First Black Supply Chain Executive to Successfully Execute International Expansion of a Restaurant Chain into the U.S.

April Williams, the Executive Director of Supply Chain & Global Expansion for Eureka! Restaurant Group, has overcome obstacles in her career to achieve corporate success. With more than 20 years of experience, Williams has worked for top-tier companies and played a crucial role in transforming Eureka! Restaurant Group. Despite facing

supply chain US

Major investment boosts U.S. offshore wind supply chain

ForeSEE Premium is a subscription that provides access to exclusive reports, news, and downloads on offshore wind, transmission, and vessel information. It is a popular choice for users and offers full access to the ForeSEE WebApp. The subscription can be started for free. Source: Link FAQ: Major Investment Boosts U.

supply chain US

Farm Exports from the U.S. Hit a ThreeYear Low in 2023

U.S. exports of agricultural and related products in 2023 reached $191 billion, marking a 10% decrease from 2022 and a three-year low. Exports of bulk commodities like cotton, corn, wheat, and soybeans hit a ten-year low in terms of volume. The data also revealed that China's share

supply chain US

Supply chain tech vendor Altana joins federal AI safety group

Altana, a supply chain technology provider, has joined the U.S. AI Safety Institute Consortium (AISIC), established by the Department of Commerce's National Institute of Standards and Technology (NIST). The consortium aims to develop guidelines, tools, and best practices for safe and trustworthy AI. Altana's AI

supply chain US

Shein to expand U.S. footprint with new supply chain office

Global fast fashion retailer Shein is opening a new office in Bellevue, Washington to support its growing U.S. business. The 10,000-sq.-ft. office space will serve as a hub for the company's U.S. fulfillment and logistics, aiming to improve delivery times for American customers. Shein

supply chain US

Pemex Refinery Under Review, EU Supply Chain Checks Advocated, US Wealth Gap Widens

The Commission for Environmental Cooperation will investigate emissions from Mexico's Pemex Cadereyta refinery. The refinery is responsible for 90% of sulfur dioxide emissions in the area, raising concerns about air quality. Viral images of smoke from the refinery have increased pressure on Pemex to clean up its operations.

supply chain US

DOD Launches Distributed Bioindustrial Manufacturing Program to Bolster Domestic Supply Chains

The US Department of Defense is offering new opportunities for American businesses to advance biotechnology as part of President Biden's efforts to strengthen the country's defense industrial base and secure its supply chains. The Distributed Bioindustrial Manufacturing Investment Program (DBMIP) seeks to strengthen domestic supply chains

supply chain US

City reviewing permit for $72 million DHL Supply Chain distribution center | Jax Daily Record

The city is considering a permit application for the construction of a DHL Supply Chain distribution center in North Jacksonville. The project is estimated to cost $72 million and will be built on a 47.13-acre site. The contractor is Arco National Construction, and the architect is GMA Architects. The

supply chain US

China’s 17year run as top source of US imports ends as Mexico rises

In 2023, the US purchased $475.6 billion worth of goods from Mexico, a 4.6% increase from the previous year. China's share of US imports dropped to 13.9%, its lowest level since 2004. Analysts suggest that the direct trade flow does not accurately reflect the complexity

supply chain US

USDA Announces $270 Million Awarded to Build Food Supply Chain Resiliency Morning Ag Clips

The U.S. Department of Agriculture (USDA) has awarded over $270 million in funding through cooperative agreements with state departments of agriculture. The funding is part of the Resilient Food Systems Infrastructure program and aims to strengthen local and regional food systems. Seven states have opened their Request for Applications

supply chain US

Denny's Partners With ArrowStream to Rethink Supply Chain Management

ArrowStream, a leading foodservice cloud platform, has welcomed Denny's, one of America's largest full-service restaurant chains, to its network. Denny's chose ArrowStream to optimize its supply chain across its 1,500+ locations. ArrowStream's technology solutions will allow Denny's to make

supply chain US

U.S. Senators Klobuchar, Tina Smith: New 4year partnership between MDA, USDA to boost Minnesota’s food supply chain

U.S. Senators Amy Klobuchar and Tina Smith of Minnesota have announced a federal funding partnership to strengthen the state's food supply chain. The funding aims to help smaller farms and food businesses gain more customers, provide more locally grown options for consumers, and create better infrastructure for

supply chain US

US, EU Discuss Semiconductors, Cybersecurity, Supply Chain

The US and European Union have agreed to increase sourcing of raw materials for semiconductors and align cybersecurity protocols. Discussions during the fifth US-EU Trade and Technology Council included US officials such as Secretary of State Antony Blinken and Commerce Secretary Gina Raimondo, and EU representatives such as Vice Presidents

supply chain US

U.S. Senators Amy Klobuchar, Tina Smith Announce USDA Partnership to Expand, Bolster Minnesota's Food Supply ...

U.S. Senators Amy Klobuchar and Tina Smith have announced federal funding to support Minnesota's food supply chain. The funds, made possible through the American Rescue Plan, will help small farms and food businesses reach more customers and offer locally-grown goods at lower costs. This initiative is part

supply chain US

Chinese suppliers make up majority of Vision Pro supply chain, say sources

Chinese suppliers dominate the supply chain for Apple's Vision Pro spatial computer, but US, Japanese, and South Korean suppliers control the critical components. Some subscribers have the option to save their log-in details to avoid entering them repeatedly. By checking the 'Save my User ID and Password&

supply chain US

Logistics Execs Wary of 2024 Recession and Overreliance on China

Global logistics executives are planning to expand their investments in Africa despite concerns about a global recession and higher costs. The 2024 Agility Emerging Markets Logistics Index found that half of the surveyed industry professionals expect a global recession in the next year, down from nearly 70% last year. Many

supply chain US

U.S. taps Indian pharma, but supply chains still lead back to China

A new report reveals that despite efforts by the Biden administration to reduce China's dominance in the production of drug ingredients, many of these ingredients are still sourced from China. This reliance on China for drug ingredients has raised concerns in Congress, leading to two hearings on drug

supply chain US

US solar boom opens $2 billion Indian door to banned products from China

Thierry Delaporte, the CEO of Wipro, is facing challenges in turning the company around. The CEO of Israel's largest cybersecurity firm is calling for consolidation in the industry. Ritesh Agarwal and Oyo's IPO journey has been tumultuous. SAIL's stock is breaking out, indicating a