supply chain US

A collection of 1305 posts

supply chain US

The C5+1 Critical Mineral Dialogue: What It Means and How We Got Here

On February 8, the U.S. hosted the inaugural meeting of the C5+1 Critical Minerals Dialogue (CMD) with Central Asian countries, aiming to scale up Central Asia's role in global critical mineral supply chains. The dialogue is part of a U.S. strategy to counter China'

supply chain US

National View: IRS is holding hostage mining, US minerals security

Tax guidance on the 45X advanced manufacturing tax credit could have huge implications for national security and U.S. industrial competitiveness. Proposed guidance from the IRS excludes critical minerals extraction activities, risking dependence on overseas suppliers like China. Congress is urging a fix to this interpretation to encourage domestic mineral

supply chain US

With inflation stubbornly persistent, US FTC accuses retailers of pricegouging

Sky-high grocery prices due to Covid-19 supply chain disruptions persist as retailers may be price-gouging, says U.S. FTC report. Large retailers raising prices and limiting competition. White House analysis shows grocers maintaining higher profits. FTC reviewed Walmart, Amazon, Kroger, and suppliers like Procter & Gamble. Supply chain shocks during

supply chain US

China's supply chain strategy to benefit US

China's nearshoring strategy expands manufacturing to North America, benefiting the US, Mexico, and global trade. This trend, called nearshoring, relocates manufacturing close to end markets. Kerim Antoine Kfuri of The Atlas Network sees China integrating globally through production and distribution, driving economic growth and job creation. The strategy

supply chain US

Alexis Asks: The Supply Chain Impact of Canada's Modern Slavery Act

On May 3, 2023, Canada passed the “Fighting Against Forced Labour and Child Labour in Supply Chains Act”, which aims to combat modern slavery through transparency. The law requires entities to report on their due diligence programs to prevent forced and child labor. Brad Gates explains that the law was

supply chain US

US gains insights on domestic apparel supply chain resilience just

USTR ambassador Katherine Tai visited Glen Raven, a textile manufacturer, to gather input for shaping domestic textile supply chain resilience policy. National Council of Textile Organizations (NCTO) highlighted USTR's focus on domestic textiles and the need for policies to enhance supply chain resilience. Glen Raven CEO emphasized the

supply chain US

Supermarkets profited off pandemic and supply chain problems, FTC says

Food prices in the United States rose nearly 20% over two years due to pandemic-related supply chain strains. A Federal Trade Commission report indicates major grocery chains exploited the situation to raise prices and increase profits at the expense of consumers and smaller competitors. The report calls for Congressional action

supply chain US

Lam Research Eyes Vietnam To Diversify Supply Chain Away From China: Report

Lam Research Corp is diversifying its supply chain amid concerns about U.S. export controls in China. The company is exploring partnerships in Vietnam's semiconductor industry, with potential collaborations with a South Korean company. This move aims to reduce reliance on China, which accounted for 26% of its

supply chain US

Lam Research eyes Vietnam chip supply chain as China curbs bite

Vietnam's Prime Minister Pham Minh Chinh met with Lam Research to discuss diversifying the chip equipment maker's supply chain amid U.S.-China tech tensions. The company aims to invest $1 billion in local production, as Vietnam attracts more semiconductor players. Lam Research's Global

supply chain US

Tim Cook Highlights China’s Role in Apple’s Supply Chain Amid Efforts to Diversify

Apple CEO Tim Cook praised China for its crucial role in Apple's supply chain amid discussions of diversifying production lines. Despite a 13% revenue drop, Cook emphasized the importance of China's manufacturing capabilities. Apple announced a new research lab in Shenzhen. Challenges include economic downturn, political

supply chain US

Western governments look to boost supply chain resilience with new laws

Western governments are focusing on improving supply chain resilience and reducing reliance on China due to concerns over its influence. In the US, lawmakers passed a bill targeting China's Shanghai Shipping Exchange and logistics platform Logink. Industry groups in the UK are also calling for a logistics minister

supply chain US

Savage's TeamFocused Culture Earns Company 2024 Top Workplaces USA Award

Savage has been recognized with the 2024 Top Workplaces USA award for their great culture, teamwork, integrity, safety, and innovation. The award is based on Team Member feedback gathered through an engagement survey. With over 4,000 Team Members in over 200 locations, Savage is committed to providing supply chain

supply chain US

FTC: Big Grocers Exploited Pandemic Supply Chain Disruptions

The FTC found that major players in the food market exploited pandemic supply chain disruptions, leading to higher grocery prices and shortages for consumers. Large grocery retailers increased prices to boost profits, impacting smaller competitors. Some firms are considering acquiring manufacturing suppliers to counter supply chain challenges. The report warns

supply chain US

Disney strikes direct DSP deals, consolidating the supply chain

Disney integrated with Google and The Trade Desk to simplify the ad tech supply chain, while NBCUniversal partnered with The Trade Desk for Olympics inventory. At SXSW, leaders discussed conflicting views on AI, with tech leaders pushing for faster development and creatives expressing caution. The potential ban of TikTok in

supply chain US

The ESG Report: EV Battery Regulation and Compliance in The US & EUPart 3, EU Battery Regulation and Battery ...

In Part 3, EU legislation and regulatory requirements for EV batteries and supply chains are discussed, with Pamela Fierst-Walsh highlighting critical mineral supply chain issues. From 2017-2021, she drove U.S. diplomacy towards prioritizing mineral supply chains, coordinating efforts across various departments. In June 2021, she played a key role

supply chain US

Consumer Brands Applauds House Passage of Ocean Shipping Reform 2.0

Consumer Brands Association praises House passage of the Ocean Shipping Reform Implementation Act, emphasizing the importance of supply chain competitiveness, shipping performance, and global trade flows. The Act aims to protect American shippers and ensure efficient supply chains for consumers. The association calls for swift Senate consideration of the Act

supply chain US

Going inland with the FLOW as US supply chain visibilty platform expands

The FLOW platform, a partnership to share visibility on US containerised imports, now includes data on inland freight hubs. Participants aim to leverage insights for supply chain management. FLOW provides early information on cargo arrival at ports and traffic flows, aiding stakeholders in making better decisions. With 70 participants currently

supply chain US

Solar Energy: U.S. Supply Chain Needs Urgent Government Support

Global panel prices have collapsed due to a new Asian production capacity wave, impacting the U.S. solar industry. A report commissioned by the Solar Energy Manufacturers for America Coalition suggests that urgent government action is needed to support domestic factories to compete with China. The report calls for more

supply chain US

US House passes ‘OSRA 2.0’ to set new curbs on China’s shipping industry

Legislation is being proposed to strengthen federal maritime law against market manipulation and potential espionage by China. A Chicago-based logistics provider is expanding into the cross-border freight market due to demand from US shippers. A carrier is reintroducing a TP20 service with competitive transit times for shippers preparing for spring

supply chain US

AFIA trade rep joins federal supply chain committee

Gina Tumbarello, Senior Director of Global Strategies, Policy and Trade for AFIA, has been appointed by US Secretary of Commerce Gina Raimondo to serve on the Advisory Committee on Supply Chain Competitiveness. Tumbarello will advise on programs to strengthen US supply chains in the animal food industry. AFIA President Constance

supply chain US

Walmart calls for flexibility as NRF says US retail will hit $5.28trn just

Walmart CEO John Furner emphasized the importance of leveraging data and technology to address supply chain disruptions in the retail sector at the NRF State of Retail & Consumer 2024 event. Furner highlighted Walmart's focus on supply chain diversification and nearshoring initiatives in the US to enhance flexibility

supply chain US

AIpowered logistics contract aims to optimize U.S. Air Force supply chain

On March 21, 2024, SparkCognition Government Systems (SGS) signed a contract with the Ohio Aerospace Institute to optimize the U.S. Air Force's supply chain using AI solutions. The partnership will use generative AI technology to provide supply chain planners with insights on lead time, part availability, pricing,

supply chain US

Apple CEO Tim Cook Says That There Is No Supply Chain That Is More Critical For The Company Than China, In The Latest Interview

Apple's CEO Tim Cook highlighted the critical importance of China's supply chain to the company. Despite challenges in US-China trade relations, Apple continues to invest in and rely on Chinese suppliers. Companies like BYD and Foxconn are deepening their partnerships with Apple, with BYD stationing thousands

supply chain US

U.S. administration expands supply chain datasharing to track inland ports

The Biden administration is expanding a supply chain data-sharing partnership to track global and domestic movement of goods. The Freight Logistics Optimization Works platform now includes data on inland freight hubs to better inform supply chain planning and mitigate delays. Members, including major retailers and ocean carriers, can access real-time

supply chain US

Four years later, COVID still affecting supply chain

Supply chain issues persist in the U.S. four years into the pandemic, with the shortage of truck drivers worsened by the "stay at home" phase. Western Michigan University professor Dr. Bruce Ferrin notes the challenges in recruiting cross-country drivers, which began in the 1980s. Trucking companies continue