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The Latest Breaking News from Supply chain

A deal to avert a rail strike is on track, but it won't fix U.S. supply chain issues

Supply chain disruptions have eased since the height of the pandemic, but concern over a potential rail strike, which appears to have been narrowly averted, highlights how that system remains fragile.

WEKU

Housebuilders 'must tackle industry misconceptions', says new Homes for Scotland CEO

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

Insider UK

5 Chip Stocks Under $100 to Buy Now

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…

StockNews.com

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Biden says freight rail carriers, workers have tentative deal - Roll Call

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

Roll Call

Key Texas industries could face bottlenecks over railroad labor dispute

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

The Texas Tribune

2 EV Supply Chain Stocks With Bright Futures

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…

StockNews.com

While Supply-Chain Kinks Remain, These 3 High Yield Air Freight And Logistics Stocks Ready To Take Off

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.

Benzinga

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2 Industrial Stocks to Buy Right Now That Are Better Than 3M

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…

StockNews.com

Thomas Black: Congress won’t let a rail dispute cripple the US

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.

Tribune News Service

Swimming pools at Stirling venues impacted by national chlorine shortage

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.

Daily Record

This Is What To Expect From The Q3 Earnings Reporting Season

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…

Benzinga

1 Stock That Could Help Brighten up Your Portfolio

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…

StockNews.com

Creating change at the source: how one global company aims to ensure its supply chain is sustainable

By supporting innovative assessment tools across its businesses and sectors, multinational giant Henkel aims to monitor its carbon reduction goals – and provide transparency for stakeholders

The Guardian - UK

Possibility of railway and port strikes threaten supply chain recovery

That's gotten the attention of the White House, which is facilitating the labor talks at a level not seen in decades.

Axios

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Asharq Al-Awsat

EBRD to Help Fund Transition from Gas to Wind Power in Egypt

The European Bank for Reconstruction and Development (EBRD) will help finance the decommissioning of 5GW of inefficient gas-fired power plants in Egypt from 2023 while pledging up to $1 billion for renewables, its regional director said on Sunday. EBRD would raise up to $300 million in sovereign financing for projects…

Birmingham Post

Thirsk's Inspired Pet Food teams up with Leeds Beckett University on sustainability project

A Knowledge Transfer Partnership aims to make the producer of dry pet food more sustainable across its supply chain

StockNews.com

MULN: Things Don't Look Pretty Under the Hood for This Stock

Automobile manufacturer Mullen (MULN) generates zero sales and has incurred massive losses since the inspection. The stock is currently trading nearly 95% below its 52-week high. Moreover, MULN is expected to face lingering issues, including increasing competition, strict government regulations, supply chain constraints, and high inflation. So, the company might…

Insider UK

Cash flow is 'biggest concern' for Scottish businesses

Survey also shows 59% of business leaders say current market conditions mean they won’t meet sustainability targets

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Bangkok Post

BOI hands Investment Promotion Certificate to BYD

Mr. Narucha Ruchuphan, Senior Executive Investment Advisor, Thailand Board of Investment (BOI), handed to Mr. Prawit Vijittanakul, Commercial Manager of BYD Auto (Thailand) Co., Ltd., as the company’s representative, the Investment Promotion Certificate for BYD’s 17.9 billion baht (ca. US$490 million) investment in a ‘new energy’ passenger vehicle plant in…

The Guardian - AU

Australia Post says order presents now for delivery by Christmas

Postal service chief says recruitment has started for extra 5,000 to 7,000 workers needed in holiday peak but supply chain woes continue

Insider UK

Livingston civil engineering business files for administration

45 staff have been made redundant as a result of contract losses and rising supply chain costs

Daily Mirror

Footballer who worked for drug gang screams 'I can't believe it' as she's jailed

Police infiltrated communication platform EncroChat, a tool often used by criminals, and found Faye Dunn, 38, played an operational role within the drugs supply chain

StockNews.com

3 EV Charging Stocks That Can't Catch a Break in 2022

Despite solid demand and government support, the electric vehicle (EV) industry is grappling with supply chain disruptions and semiconductor chip shortages. The lack of enough charging infrastructure and inoperable charging stations have also been a significant challenge for companies in this space. Given this backdrop, fundamentally-weak EV stocks Rivian Automotive…

WEKU

Bed Bath & Beyond will close 150 stores and slash 20% of its workforce to cut costs

The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.

Benzinga

Analysts Highlight Supply Chain Constraints Hurting Ciena's Q3 Results; See Recovery In FY23

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