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The first China International Supply Chain Expo (CISCE) recently concluded in Beijing with approximately 200 agreements signed, involving over 150 billion yuan ($21 billion). The event attracted 515 Chinese and foreign companies, including big names like Amazon, Apple, and Tesla. One highlight was GE Healthcare and Sinopharm jointly unveiling a

US special climate envoy John Kerry has launched an international engagement plan to boost nuclear fusion as a tool in the fight against climate change. The plan involves 35 nations and will focus on research and development, supply chain issues, regulation, and safety. Fusion, which replicates the power of the

The United States' decision to reduce incentives for electric vehicles (EVs) with battery materials from China may make EVs more expensive and hinder the country's transition to EVs. Starting next year, EV buyers will not receive the full $7,500 federal tax credit if they purchase autos

The supply chain analytics market is expected to grow at a CAGR of 20.07% and reach a value of USD 10,121.6 million by 2027. Factors driving the market growth include the need to improve business processes, rising demand for omnichannel retailing, and the need to enhance supply

The first China International Supply Chain Expo (CISCE) took place, with American companies representing 20% of foreign exhibitors. Their participation shows the interconnectedness of supply chains between China and the US and opposes the concept of decoupling. The US government launched the Supply Chain Resilience Center to reduce reliance on

At the UN Climate Change Conference in Dubai, the US announced measures to increase access to safe nuclear energy supply. The Export-Import Bank of the United States (EXIM) and the Department of State introduced financial tools to support the deployment of small modular reactor (SMR) nuclear energy systems. The US,

The Biden administration plans to exclude Chinese entities from receiving tax credits for investments in the US electric vehicle (EV) supply chain. Both the Bipartisan Infrastructure Law and the Inflation Reduction Act explicitly exclude "Foreign Entities of Concern" (FEOC), including China, from receiving subsidies. The proposed rules aim

Zion Jacksonville LLC has sold a property in North Jacksonville to a company affiliated with DHL Supply Chain, confirming rumors that DHL is the city's "Project Empire." RES Jacksonville I LLC paid $10.26 million for the undeveloped industrial land. The site is part of 892

US Pharmacopeia's Medicine Supply Map reveals that 14 out of 20 essential cancer drugs have over 40% of their production concentrated in a single facility. The Biden administration has added pharmaceuticals and active pharmaceutical ingredients to its critical product sectors list, as drug shortages pose a threat to

The U.S. and Canadian construction industry is set for success in 2024 as supply chains stabilize and material prices remain steady. The need for housing and companies requiring employees to return to the office will drive industry growth. Construction spending in the U.S. is expected to remain stable,

Jim Blastos has been appointed as vice president supply chain management at Austal USA. Blastos, who has over 25 years of experience in supply chain and operations, will be responsible for procurement, strategic sourcing, warehousing, logistics, material management, and production control activities. Austal USA Acting President, Michelle Kruger, expressed excitement

The White House Council on Supply Chain Resilience held its inaugural meeting on November 27, 2023, focusing on strengthening and advancing critical supply chains in the US. The Biden-Harris Administration aims to provide Americans with consistent access to essential medicines and vaccines domestically. By boosting national supply chains and manufacturing,

Several of Australia's major lithium mines may be disqualified from US government subsidies due to high levels of Chinese ownership or processing. The US Department of Energy issued draft guidance defining a "foreign entity of concern" as any company more than 25% owned by Chinese, North

Around 80 representatives from supply chain businesses in the north-east attended an event in Peterhead to learn about the opportunities associated with the proposed MarramWind floating offshore windfarm. MarramWind, a joint venture between ScottishPower Renewables and Shell UK, could be one of the world's first large-scale floating offshore

Vietnamese manufacturer Huynh Duc has become a supplier for an American semiconductor company's plant in HCMC. The company has sought to professionalize its operations and cement its role as a reliable partner to foreign investors over the last decade. Although the company has made progress in its partnerships

Offaly-based company Samcon won the 'Supply Chain Partner of the Year - Fit Out Projects' category at the Sisk Supply Chain Awards 2023 in Dublin. The event brought together 900 people, including supply chain partners, sub-contractors, and suppliers. Sisk conducted research that showed an increase in sustainability awareness

European carmakers have secured just 16% of the lithium, cobalt, and nickel needed to meet their electric vehicle (EV) battery targets by 2030, according to analysis by Transport & Environment. Tesla and China's BYD were found to be ahead of their European counterparts in securing access to key

Many Western arms companies struggled to increase production in 2022 despite a rise in demand for weapons and military equipment, according to a watchdog group. Labor shortages, escalating costs, and supply chain disruptions worsened due to Russia's invasion of Ukraine. The Stockholm International Peace Research Institute reported that

Tesla, General Motors (GM), and other companies have agreed to use a new database called Climate TRACE to track greenhouse gas emissions. The database, created by former U.S. Vice President Al Gore's global climate coalition, will use satellites and machine learning to monitor emissions from various sources

Global merchandise trade is expected to grow by 2.5% next year, but this is due to a low comparative base rather than strong global demand. Demand for goods in North America, South America, and Europe is expected to be limited. Supply shocks, such as delays in container traffic from

India and the US have agreed to strengthen cooperation in supply chain, semiconductors, pharma, critical minerals, and energy. The review of the India-US CEO Forum highlighted the commitment of industry leaders to expand bilateral commercial ties. Concrete initiatives will be announced at the next CEO Forum meeting in early 2024.

Walmart, the world's largest store, is reducing its dependence on China by increasing imports from India. From January to August this year, Walmart shipped 25% of its US imports from India, compared to just 2% in 2018. This shift is driven by rising costs in China and increased

In October, construction spending in the US for manufacturing plants reached $18.5 billion, a 73% increase from last year. The construction boom, which began in mid-2021, has seen spending triple. Congress has passed subsidies for select industries to build factories, but the bulk of the funds will be disbursed

The US defense industry is struggling to keep up with global demand due to a lack of speed and responsiveness, according to a draft of the new National Defense Industrial Strategy. The report highlights that American companies cannot produce weapons quickly enough to meet the requirements of a major modern