Ford's ambitious plans for battery plants in Tennessee and Kentucky, aimed at manufacturing electric vehicles and EV components, are set to receive a record-breaking $9.2 billion federal loan from the U.S. Department of Energy.

Lordstown Motors, the struggling electric-truck maker, has filed for Chapter 11 bankruptcy protection and has initiated a lawsuit against Foxconn, accusing the Taiwanese manufacturer of breaching an agreement to provide additional funding.

Target has opened its first extension facility in Smyrna, Georgia, allowing the retailer to reach an additional 500,000 customers for next-day delivery in the Atlanta area.

Amazon is exploring a new eFulfillment strategy called Amazon Hub Delivery, which aims to utilize small businesses as delivery partners to expand its fulfillment reach.

The National Oceanic and Atmospheric Administration has identified El Niño conditions present in May, with expectations of gradual strengthening into the winter of 2023 and 2024, including a 56% probability of a strong El Niño developing.

Walmart and Sam's Club have announced an enhanced seafood policy aimed at improving transparency and data collection in the tuna supply chain.

Yellow Corp. subsidiary USF Holland has agreed to pay $490,000 to settle a lawsuit filed by the Equal Employment Opportunity Commission (EEOC) alleging gender discrimination in the hiring of truck drivers.

Bud Light aims to reverse it’s declining sales by launching a new marketing campaign designed to overcome adversity.

Federal Reserve Chair Jerome Powell reaffirmed the likelihood of raising interest rates at least once more this year due to persistent inflation in the service sector and a tight job market.

Federal Reserve officials expect to raise interest rates further this year to combat excessive inflation in the United States, according to Chair Jerome Powell.

Keen Footwear stands out by owning around 40% of its production, including factories in Portland, Oregon, Thailand, and the Dominican Republic.

The top 10 largest automotive manufacturing supply chains include Volkswagen, Toyota, NRM Alliance (Nissan-Renault-Mitsubishi), General Motors (GM), Honda, Ford, Hyundai, Stellantis, BMW, and Mercedes-Benz.

The breakdown of global supply chains during the pandemic has been widely recognized as a major driver of inflation.

The used electric vehicle (EV) market is gaining attention due to attractive tax breaks and incentives available to buyers.

The food industry has experienced significant disruptions in recent years, including Brexit, COVID-19, conflicts, weather events, animal diseases, and inflation, leading to a global increase in food prices.

Instant Brands, the maker of the popular Instant Pot cooker and Pyrex glassware, has filed for Chapter 11 bankruptcy protection due to ongoing financial struggles caused by supply chain pressures.

During the Paris Air Show, Boeing and Airbus have been focusing on customer orders for new passenger aircraft, with limited activity in the freighter sector.

Dave Bozeman, the new CEO of C.H. Robinson, is expected to leverage his extensive knowledge in global supply chain and logistics management to lead the company.

Amazon has introduced the first phase of its new headquarters complex, "HQ2," in Arlington, Virginia.

According to the CNBC Supply Chain Survey, retailers are anticipating a challenging holiday spending season, despite a significant drop in inflation.