Production at Toyota Indus has been temporarily halted
Toyota Indus, a subsidiary of Toyota operating in Pakistan, has announced the complete shutdown of its production plant in Karachi from June 3 to June 8, 2023.
The consumer-packaged goods (CPG) industry has faced significant challenges
The consumer-packaged goods (CPG) industry has faced numerous challenges in recent years, including fluctuating supply and demand, shifting consumer preferences, ingredient shortages, and disruptions in the supply chain.
Truck Parking Shortage: A Critical Issue Requiring Action
Truck parking scarcity remains a major concern in the transportation industry, with insufficient parking spaces available for drivers to comply with mandatory rest breaks.
Transportation unemployment rates fell below 2019 levels
According to updated data from the Bureau of Labor Statistics, the unemployment rate in the U.S. transportation sector in May 2023 was 0.7% lower than in May 2019 before the COVID-19 pandemic began.
Anticipated Overcapacity Reduction in Trucking May Lead to Driver Shortage, Warns ACT
According to ACT, the shedding of excess capacity in the trucking industry may result in a shortage of available drivers, potentially causing a driver shortage late this year or in the near future.
Boeing CEO Expresses Frustration with Slow Progress in Resolving Supply Chain Constraints
Boeing CEO, Dave Calhoun, expressed frustration with the slow progress in resolving supply chain issues, despite a rebound in airlines' demand for planes.
Are Critical Mineral Supplies Threatening the Progress of Renewable Projects?
According to a report by insurance provider WTW, the progress of renewable energy projects is being hindered by downstream supply chain risks and the increasing costs of critical minerals.
Climate Change is a Major Threat to Food and Beverage Supply Chains
The impact of climate change on global food and beverage supply chains, including popular snacks like Doritos, was discussed at the Gartner Supply Chain Symposium/XPO.
Big Lots Innovates Sourcing Strategies to Address Product Shortages
Big Lots, in response to product shortages caused by the closure of UFI, has adopted various procurement strategies.
Semiconductor manufacturing is still hindered by US supply chain issues
A recent report highlights the success of reshoring initiatives, leading companies to scramble to find manufacturing operations in the United States and Mexico.
Rolls-Royce Highlights Ongoing Concerns Over Supply Chain Disruptions
Rolls-Royce Holdings Plc acknowledges that supply chain disruptions remain a significant operational challenge, echoing concerns expressed by other manufacturers such as Airbus and Boeing.
Steadying the Ship: Apple iPhone Supply Finds Stability Following Disruptions in China
Apple has successfully addressed the production disruptions it faced last year, with CEO Tim Cook stating that iPhone supply was not an issue during Q2.
Challenges Arise as Investment in US Manufacturing Soars, Amid Labor and Space Constraints
According to research by the Financial Times, investments in US high-tech and clean energy sectors have seen a significant increase in the last three years, with a sharp rise following the Inflation Reduction Act.
US chip companies see China as a valuable market despite potential risks
The Semiconductor Industry Association, a major US industry group, wants clear rules from the Biden administration regarding investment restrictions for chip companies in China.
Coping with the Unstoppable Expansion of E-Commerce
The growth of e-commerce sales continues, and the challenges in fulfilling these orders due to labor shortages, inadequate inventory space, and inventory variability persist, according to Paul Ambruso, VP and GM of mobile robotics at Berkshire Grey.
Airlines Dismantling Old Planes for Parts
Despite a short supply, many large airlines are acquiring brand new Airbuses and Boeings.
American workforce grows with the addition of 236,000 jobs
Despite the nine interest rate hikes imposed by the Federal Reserve over the last year, American employers have added over 236,000 new jobs.
The UN Plans to Commence Deep-Sea Mining Operations this Summer
Companies interested in mining the ocean floor can now submit applications to the International Seabed Authority starting in July, following approval of the controversial practice despite significant pushback.
Count Rockwell Automation Inc. CFO Nick Gangestad suspects supply chain issues will linger
Speaking at this week’s JPMorgan Industrials Conference, Gangestad discussed the 26,000-employee-strong company’s first-quarter pace and his expectation that the health of the world’s supply chain has a long way to go.
