Walmart invites 330 new U.S. businesses to sell their merchandise in stores

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Good morning! Happy 4th of July! 🇺🇸

Walmart’s largest sourcing event Open Call occurred on June 30th, inviting more than 1,100 U.S. businesses to pitch their products. Three hundred and thirty of those businesses won a deal to sell their products through Walmart. The company says that they are committed to investing an additional $350 billion in U.S.-developed products.

Check out today’s featured article from MHL News to read all about Walmart’s plans to bring manufacturing back to U.S. soil. ☕️

Hand waving a small American flag with the words, "Happy 4th of July, USA" on the GIF.

Celebrate American GIF By Nora Fikse via GIPHY


Featured Article:

Walmarts Chooses Made in America Products | MHL News”

‘Investing in U.S. manufacturing is not only the right thing to do for the country’s long-term economic health, it's the right thing to do for customers today who are dealing with historic inflation,’ said Doug McMillon, president and CEO of Walmart Inc.”

READ ENTIRE MHL NEWS ARTICLE HERE

We survived “Bloody Friday”, but what shipping stocks are in store for could be far worse

Fears of a global recession have manufacturing activity operating at an all-time low, according to a US government report last week. Tankers seem to be the only facet of the shipping industry to have to do well and make a profit.

Cruise ship stocks have crashed, leaving some experts to warn that companies like Carnival can expect to drop to zero if things don’t change - and fast.

Read more from G Captain ▶


Will supply chain issues affect Independence Day fireworks celebrations?

The Fourth of July is the largest day of the year for the firework industry, but shipping issues have created a shortage of fireworks for the celebratory activities.

Seasonal goods typically depend on logistics delivery times to be consistent in order to make sure their shelves are properly stocked. Many companies supplied themselves as early as March.

Read more from Flexport ▶


Quote of the Day:

“All humans are entrepreneurs not because they should start companies but because the will to create is encoded in human DNA.”

— Reid Hoffman, co-founder of LinkedIn



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