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The Latest Breaking News from Supply chain

Over 300 Companies Want a Piece of the CHIPS Fund

Hundreds of semiconductor supply chain participants want to get money from the U.S. CHIPS & Science Fund.

Tom’s Hardware

Logistics firm Wincanton sees profits hit amid ‘inflationary pressures’

The Wiltshire-based supply chain manager said its underlying financial results indicated ‘profitable growth and strategic progress’ despite ‘challenging’ wider economic conditions

Birmingham Post

South Korean, German leaders agree to cooperate on supply chains, North Korea

The leaders of South Korea and Germany have pledged more cooperation in building stable supply chains and addressing the challenges posed by nuclear-armed North Korea

The Independent UK

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Taiwan’s Tsai puts China, chip power center-stage in final year

Taiwan’s President Tsai Ing-wen said cross-strait security and reinforcing the island’s position in the global supply chain will be key priorities for her final year in office, as she lays a path for her deputy to succeed her.

Tribune News Service

Food prices are rising but farmers' profits are still small – here's why

More than 60 food industry representatives came together at a recent Downing Street summit to discuss the UK food crisis. It was billed as an opportunity to brainstorm solutions to rising food prices, falling production and uncertainty over trade agreements with overseas partners.

The Conversation

OPINION - The G7 in Hiroshima is about symbolism — and resilience

If you shudder at the crippled supply chains, energy price shocks and geopolitical instability flowing from Russia’s invasion of Ukraine, it has little on the global consequences of a Chinese attempt to take Taiwan by force.

Evening Standard

Japan's leader welcomes investment, exchanges to strengthen computer chip supply chain

Japanese Prime Minister Fumio Kishida at a meeting with computer chip makers has stressed that investment and international exchanges to strengthen the supply chain were welcome

The Independent UK

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‘Investors want evidence’: how robust location data can add weight to firms’ environmental reporting

When it comes to risk and reputation, ESG considerations are at the heart of many business decisions. But companies need accurate information from trustworthy sources

The Guardian - UK

How 'dark underbelly' and forced labour is helping to fuel Australia's love affair with cheap solar

For millions of Australians, solar panels have been a ticket to cheap, clean power. But researchers and human rights activists warn there's a dark side to their supply and changes are needed.

ABC News

Canada's Modern Slavery Act is the start — not the end — of efforts to address the issue in supply chains

On May 3, Canada passed legislation aimed at addressing modern slavery — a term that typically encompasses forced labour, bonded labour and child labour — in supply chains.

The Conversation

JDC-Miller Porsche 963 debut “better than expected” at Laguna

Veteran sportscar star Mike Rockenfeller and his teenaged team-mate Tijmen van der Helm steered the 963 to seventh in the IMSA SportsCar Championship’s fourth round, having been forced to miss the opening three races due to supply chain issues that delayed the build of Porsche’s customer chassis.

Motorsport

Honda To Stop Making Gasoline Powered Lawn Mowers This September

It indicated supply chain issues, and the growth of battery-powered lawn equipment led to this decision.

Motor1

G-7 finance chiefs boost Ukraine aid, propose supply chain plan

NIIGATA: Group of Seven (G-7) finance chiefs put more aid on the table for Ukraine, set up a new supply chain initiative and vowed to fill regulatory gaps in the banking sector in a show of unity on global geo-economic issues after three days of talks.

Bangkok Post

Wastefront recycling plant creates complete supply chain for used tyres following new deal

The Port of Sunderland plant will process around 80,000 tonnes of tyres per year when it is at full capacity

Birmingham Post

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Bangkok Post

Toyota forecasts 10% rise in annual profit, robust EV sales

TOKYO: Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an easing in global supply chain disruption from a shortage of chips.

Bangkok Post

China’s Hozon to make EVs in Thailand

Hozon New Energy Automobile Co of China is preparing to start production in Thailand, becoming the latest electric vehicle maker to begin building a supply chain in the region’s top auto-manufacturing hub.

Birmingham Post

Businesses and individuals urged to embrace offshore wind opportunities as supply chain widens

Focus on transferrable skills and attracting new talent to the sector to meet ambitious targets as companies urged to see how they can play a part

Birmingham Post

Airbus profits and aircraft output drop amid supply chain ‘tensions’

The aerospace giant which employs thousands of people at its UK sites in South Gloucestershire and North Wales said commercial aircraft delivery had halved during the first quarter of the year

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The Guardian - UK

Grain trader Cargill faces legal challenge in US over Brazilian soya supply chain

World’s biggest grain trader accused of ‘shoddy due diligence’ on deforestation and alleged rights violations

Reuters

Taiwan says F-16 deliveries delayed, working to minimise damage

Taiwan Defence Minister Chiu Kuo-cheng said on Thursday that the delivery of 66 advanced new F-16Vs from the United States has been delayed due to supply chain disruptions and the ministry was working to minimise the damage and "make up deficiencies".

InsideEVs

Porsche Plans "Very Steep" Taycan EV Production Ramp

Porsche, like most global automakers, is no stranger to supply chain issues. However, now that the heater supply improves, it's time for more Taycans.

Birmingham Post

£500,000 investment at Port of Immingham to transition terminal from coal to cars

Cargo switch helps meet huge retail demand as supply chain issues ease in automotive industry

The Independent UK

Unchained: why digital platforms in supply chain are a game changer

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

TV Tech

Study: Supply Chain Issues Ease for Fiber Broadband Deployments

New data that shows up to 92% faster lead times in some fiber broadband equipment categories

StockNews.com

Sell Alert: The Negative Impact of Supply Chain Disruptions on 2 Industrial Packaging Stocks

Ongoing supply chain bottlenecks have adversely impacted the industrial packaging sector, among several other industries. Therefore, avoiding fundamentally weak industrial packaging stocks, UFP Technologies (UFPT) and Cryoport (CYRX) could be wise. Keep reading….

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