The Latest Breaking News from Supply chain

The sector is also facing challenges from rising supply chain costs and a lack of skilled labour

Investors’ sentiment has been deteriorating in the semiconductor sector amid the lingering supply chain issues and slowing demand. However, Federal initiatives and continued digitization and automation brighten the industry’s long-term prospects. Therefore, investors could consider buying quality chip stocks Taiwan Semiconductor (TSM), Applied Materials (AMAT), MaxLinear (MXL), Axcelis (ACLS), and…

President Biden said the rail deal includes a wage increase above 24 percent over five years and cap workers’ health care contributions.

If railroad companies and workers can’t resolve their dispute by Thursday night, the country could see its first railroad strike in 30 years.

EV sales are booming and are expected to displace gas-powered cars within a decade as the primary mode of transportation. Rather than trying to pick winners and losers among the manufacturers, investors should bet on key companies that are part of the supply chain. 2 of these companies are Freeport…

With supply chain issues negatively impacting the global economy, it should come to no surprise that the industrials sector has been trading close but better than the overall S&P 500, as the sector is down 10.3% year-to-date, as of Sept. 9.

Despite the ongoing supply chain disruptions, the industrial sector has witnessed growth in factory production. Additionally, accelerating the adoption of advanced technology should boost the industry’s prospects. The industrial conglomerate 3M Company (MMM) has recently announced layoffs, and its overhanging legal woes look concerning. Thus, we think fundamentally strong industrial…

The U.S. transportation system is already starting to feel the effects of a potential rail strike, but any pain will be short-lived no matter how far apart the sides are at a Friday deadline because Congress will not allow supply chains to seize up again.

Swimming pools at The PEAK, Stirling, and McLaren Leisure Centre, Callander, have been affected by problems in the supply chain of vital chemicals used to treat the water as a result of the war in Ukraine.

The S&P 500 (NYSEARCA: SPY) 3rd quarter earnings reporting season is fast approaching and it's time to start preparing for what could be a very bad season. While there are some glimmers that inflation has peaked it's still high, biting into the bottom-line outlook, and compounded by supply chain problems both…

Market-leading industrial technology company Acuity (AYI) mainly focuses on its portfolio expansion through innovation while keeping up with the market trends. It also returns capital to shareholders through share repurchases and consistent dividend payments. Despite the global supply chain issues and uncertain market conditions, the company reported strong financial results…