supply chain US

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supply chain US

DOT Launches New, CantwellCreated Office to Prevent Costly ...

The U.S. Department of Transportation has launched the Office of Multimodal Freight Infrastructure and Policy (Multimodal Freight Office) to strengthen America's supply chain. The new office aims to coordinate activities among different methods of freight transport to keep the supply chain running smoothly, reduce costs, and move

supply chain US

Capchem USA Evaluating $350 Million Investment to Establish EV ...

Capchem Technology USA is considering investing $350 million to build a manufacturing facility in Ascension Parish, Louisiana. The facility would produce carbonate solvent and lithium-ion battery electrolyte, supporting the growth of domestic battery and electric vehicle supply chains. The project would create 95 direct new jobs and an estimated 474

supply chain US

Nvidia CEO: U.S. chipmakers at least a decade away from China supply chain independence

U.S. chipmakers, including Nvidia, are at least a decade away from achieving "supply chain independence" from China, according to Nvidia CEO Jensen Huang. Huang stated that while efforts to delink China from the U.S. chip supply should be pursued, total independence is not feasible for another

supply chain US

DOD Enters Agreement to Expand Domestic Graphite Supply Chain

The Department of Defense has entered into a $3.2 million agreement with South Star Battery Metals Corporation to support the domestic production of Coated, Spheronized, Purified Graphite (CSPG) in Alabama. The agreement, made under Defense Production Act (DPA) authorities, will enable South Star to conduct a feasibility study and

supply chain US

4 reasons strategy for US firms to diversify beyond China risks falling short

The tension between the US and China presents an opportunity for Southeast Asian countries, as seen during the Apec summit. However, diversifying supply chains away from China could have unintended consequences such as increased complexity and vulnerability to disruption. Additionally, diversification could raise production costs and result in higher consumer

supply chain US

China vows to curb decoupling as U.S. adds supply chain safeguards

China's Premier Li Qiang pledged at the China International Supply Chain Expo to create an inclusive and open industrial supply chain, opposing protectionism and supply chain disruptions. This comes after the US announced measures to ensure its own access to reliable energy and critical technology. Premier Li emphasized

supply chain US

Fed's Waller expresses confidence that policy is in the right place to bring down inflation

Federal Reserve Governor Christopher Waller expressed confidence that current monetary policy is well-positioned to bring inflation back under control. While he acknowledged that inflation is still too high, he stated that progress has been made and suggested that interest rates may not need to be increased further. Waller also mentioned

supply chain US

Accenture Expands Partnership with SAP to Help Clients Establish ...

Accenture announced a collaboration with SAP SE to create a supply chain nerve center that aims to enhance visibility and reduce risk for organizations. The nerve center utilizes cloud, data, artificial intelligence, and analytics to provide transparency and actionable insights. Accenture and SAP plan to co-develop new capabilities for the

supply chain US

Premier: S'wak eyes Muslim supply chain as global halal segment to ...

Sarawak aims to be part of the global Muslim supply chain, as the demand for halal goods and services is projected to increase. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg highlighted that global spending on halal products is expected to reach $2.8 trillion by 2025. He emphasized

supply chain US

U.S. cargo theft rates on track for slighttomoderate rise in 2023

Cargo theft volumes in the U.S./Canada region increased by 22% between 2021 and 2022, with an average loss value increase of 48%. The trend is expected to continue in 2023 due to economic challenges and demand for low-cost goods. Strategic thefts accounted for 13% of recorded thefts, while

supply chain US

Top Supply Chain Execs to Watch in 2023: Ingram Micro Public ...

Tony Celeste has led a go-to-market transformation for technology provider Ingram Micro in the public sector. His team launched a subsidiary focused on securing mission-focused technology solutions for government and education markets, resulting in consistent year-over-year growth. Celeste's leadership has expanded the company's focus and enhanced

supply chain US

NC vehicle recon facility aims to simplify usedcar supply chain

a.i.m, a company in the pre-owned vehicle industry, has opened their first-ever vehicle reconditioning facility in Oxford, N.C. The facility is located in a former tobacco production facility and marks a new way to support the automotive supply chain. This development is significant for the wholesale auto

supply chain US

The United States Needs a Bold Vision for Trade in the Americas

Leaders from the Western Hemisphere recently met in Washington, DC to discuss the Americas Partnership for Economic Prosperity (APEP). While the meeting announced five new initiatives, there were no concrete proposals on trade. APEP aims to address economic, environmental, and social challenges and strengthen regional integration. The initiatives include investment

supply chain US

Supply Chain Analytics Market Size to Surpass USD 25.49 billion by ...

The global Supply Chain Analytics Market Size was valued at $7.05 billion in 2022 and is projected to reach $25.49 billion by 2030, growing at a CAGR of 17.7%. The integration of Supply Chain Analytics (SCA) with big data technologies is expected to drive market growth. North

supply chain US

Kuehne+Nagel acquires Candian customs broker Farrow | CSCMP's ...

Swiss freight forwarder Kuehne+Nagel has acquired Canada-based customs broker Farrow to expand its offering in North America. Farrow has 830 employees in 41 locations and expertise in international trade, customs solutions, and logistics. The terms of the deal were not disclosed. Kuehne+Nagel says the acquisition will accelerate its

supply chain US

U.S. Sales of Toys and Games Down Through 2023

Sales of games and toys in the U.S. have decreased by 8% in the first nine months of 2023 compared to the same period last year, according to market research firm Circana. Imports of toys and games have also significantly dropped this year, leading to a decline in sales

supply chain US

AWSAnnouncesFourNewCapabilitiesforAWSSupplyChain

Amazon Web Services (AWS) has announced four new capabilities for AWS Supply Chain at the AWS re:Invent event. These capabilities include specialized models for accurate forecasting, improved visibility with multiple tiers of suppliers, sustainability measures for collecting carbon emissions data, and a generative AI assistant for risk assessment. This

supply chain US

USDOT Launches New Multimodal Freight Office

President Biden and US Transportation Secretary Pete Buttigieg have announced the launch of the Office of Modal Freight Infrastructure and Police (Multimodal Freight Office) as part of efforts to strengthen the nation's supply chains. The office will be responsible for overseeing the maintenance and improvement of the freight

supply chain US

U.S. and Canada's construction industry poised for growth

Browse commercial properties for sale or lease that fit your unique needs. Find investment properties to expand your portfolio. Access solutions for managing lease events and negotiating terms. Explore real estate technology and sustainability solutions from JLL. Stay updated with market trends and news. JLL arranges financing for multi-housing projects

supply chain US

Forced labour, trade cast shadow on Biden's US supply chain plan just

The US apparel sector supports President Biden's efforts to strengthen supply chains through the White House Council on Supply Chain Resilience. However, concerns persist regarding his stance on global trade policies and addressing domestic forced labor. President Biden has unveiled nearly 30 measures aimed at bolstering supply chains,

supply chain US

COLUMN: Resilient Supply Chains Reduce Homeland Security Risk ...

Supply chain incidents, including cyber attacks and other risks, are now considered top homeland security concerns. Cybersecurity analytic firms report an increase in supply chain attacks, ranking among the top methods adversaries use to access networks. Recent examples include the SolarWinds breach and the Colonial Pipeline cyber attack. However, other

supply chain US

Shein's IPO raises fresh questions on alleged forced labor in its ...

China-based e-commerce giant Shein is facing scrutiny from U.S. lawmakers as it files for an IPO in New York. Critics are concerned about potential forced labor in the production of Shein's low-priced clothing and home goods, particularly in China's Xinjiang region. Shein has previously stated

supply chain US

How the US is leveraging its spending power to strengthen supply ...

White House advisor Susan Helper emphasizes the importance of procurement tactics in bolstering supply chains. She points to examples such as creating demand signals and leveraging the government's influence over legislation and purchasing power. Helper also highlights the need for a combination of subsidies and long-term signals to

supply chain US

Taiwanese Tesla supplier Hota retools supply chain with first US ...

Taiwan-based auto parts manufacturer Hota Industrial is investing $99 million in a plant in New Mexico, marking its first facility outside of Asia. The move is in response to soaring shipping costs during the pandemic and concerns about supply chain security. Hota's CEO, Holly Sheng, stated that the

supply chain US

Les Grands Chais de France (LGCF) inks international supply chain ...

LGCF, a global company with a turnover of 1.3 billion euros in 2022, is modernizing its supply chain processes by implementing a Warehouse Management System (WMS) and Warehouse Control System (WCS) at its sites. They also plan to introduce voice and gamification. Körber Business Area Supply Chain will be