The United States is facing a shortage of workers, with the country currently 3 million workers short of what is needed for growth. The low unemployment rate and a mismatch between job openings and available workers are contributing factors. The situation is unlikely to improve due to low population growth

The US supply chain faces potential disruptions as Congress considers modifying the century-old de minimis law, which allows low-value shipments to enter the country duty-free. Rolling back this law would negatively impact supply chains and small businesses that rely on it. The de minimis threshold was increased from $200 to

The US Department of Commerce has launched the Semiconductor Alert Mechanism to address disruptions in semiconductor supply chains. The mechanism aims to gather information from industry stakeholders to detect and assess bottlenecks and coordinate government resources. Companies are encouraged to submit information on disruptions to microelectronics and semiconductor manufacturing facilities.

Applied Materials and its partners have joined Intel's supply chain for glass substrates used in advanced packaging, sources say. This will streamline the log-in process for subscribers who can choose to save their User ID and Password, eliminating the need to enter them repeatedly. The saved information will

Trafigura, one of the world's largest energy suppliers, emphasizes the importance of oil and petroleum products in meeting global energy demand. They are committed to responsible supply and sustainable practices. Trafigura sources, stores, and supplies various petroleum products, including gasoline, diesel, and jet fuel. They also blend fuels

Woodland's Second Annual Yolo Growers & Farmworkers Festival will be held on Friday, Oct. 6. The event aims to celebrate the county's farmworkers who played a vital role in providing food during the pandemic. The festival will feature live music, dancing, and delicious food. The event

California-based electric vehicle manufacturer Rivian has seen significant growth in the state, according to data released by The California New Car Dealers Association. The company experienced a 200% increase in vehicle registrations in the state during the first half of 2023, making it the fastest-growing car manufacturer in California. Rivian&

CAPA is the leading source of market intelligence in the aviation and travel industry. They publish over 1,000 global News Briefs per week, with half translated from non-English sources. CAPA Members have access to customized email alerts and can stay informed via the website or mobile app. Membership also

Japan's general trading companies, known as 'sogo shosha', are now playing a crucial role in supply chain transformation. Mitsuru Claire Chino, the managing executive officer at Itochu, is at the forefront of this shift. Previously viewed as outdated relics of Japan's economic history, these

The trend of "reshoring" manufacturing and distribution has gained momentum due to the challenges faced by supply chains during the pandemic. Many executives plan to move parts of the supply chain closer to home, with 78% in Europe, 70% in the U.S., and 54% in China intending

Europe and the United States are at risk of missing their wind power installation targets due to rising costs, supply chain delays, and low electricity prices. The offshore wind industry has been particularly affected, with canceled projects and setbacks in auctions. The EU plans to propose a package to revive

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U.S. manufacturers are heavily dependent on China for their supply chains, making it difficult and costly to reduce exposure to the country, according to a paper to be presented at the Brookings Papers on Economic Activity conference. The paper found that by 2018, China had become the most important

SAP has introduced Joule, a natural-language AI copilot that will be embedded in its cloud enterprise portfolio. The AI aims to provide proactive and contextualised insights from various sources to help users work faster and achieve better business outcomes. Joule will be integrated into SAP applications such as supply chain

The United Auto Workers (UAW) strike continues as negotiations with Stellantis and General Motors show little progress. Currently, 13% of the UAW's members are on strike. Both political parties are courting the UAW's blue-collar workers, with President Joe Biden joining a picket line. The UAW'

With a US government shutdown looming on October 1, the renewal of the farm bill, which finances Snap benefits, is at risk. This comes as the number of Americans experiencing food insecurity continues to rise. Over 34 million people, including nine million children, are struggling to access enough food. The

The transportation and logistics industry is undergoing digital transformation, leading to an increase in data generation. This data offers opportunities for more efficient fleet operations and improved customer satisfaction. The industry must focus on back-end technologies to achieve these benefits. Supply chain analytics market is estimated to grow from USD

The Biden administration is increasing engagement with China while tightening restrictions on China's access to chip technology. The US seeks to solidify its technological dominance while also desiring access to China's market opportunities. The US is focused on "de-risking" rather than complete "decoupling&

The New York Fed's mission is to strengthen the US economy and financial system. They execute monetary policy, provide financial services, supervise banks, and conduct research. They have launched the New York Innovation Center and provide resources for filing reports and submitting Freedom of Information requests. They also

Huawei's self-sufficiency has allowed it to bypass US sanctions and launch the Mate 60 Pro, which is selling well in China. The flagship phone benefits Apple's supply chain as Huawei procures the charging module from Luxshare Precision. Luxshare has also become a potential backup for Apple&

Ford Motor Company and other established automakers are lagging behind in the electric vehicle (EV) race, with Tesla and Chinese competitors like BYD and Xpeng leading the market. The gap between legacy carmakers and newer rivals is significant, with Tesla delivering over 1.3 million battery EVs in 2022 compared

The rapid increase in the number of EV charging stations on commercial properties has raised real estate questions. Different business models exist for charging station ownership and maintenance, such as the self-service model and the service provider model. The service provider model is more complex and raises various issues, including

Zambia and the Democratic Republic of Congo (DRC) are aiming to process their own raw materials, such as cobalt, rather than simply exporting them. The two countries plan to set up a special economic zone to turn the raw material into preliminary products for the battery supply chain. Congo even

The G20 Summit in India focused on global market fragmentation and emphasized the need for coordinated responses. The African Union was admitted as a full member of the G20, highlighting the importance of Africa in international policy making. The summit also addressed disaster resilience, establishing a Disaster Risk Reduction Working

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