European Unions announces truck CO2 emissions cut of 90% by 2040
Trucks are being given a bit more grace by the EU to get with the green energy program, but they’re being held to a standard, nonetheless.
Layoffs and hires: the economy seeks to rebalance itself after the Covid-19 pandemic
Companies may lay off employees in one area or department while simultaneously hiring new employees in another area or department as part of a larger restructuring effort.
Global semiconductor shortages rattled the automotive industry last year
Semiconductors are used in a wide variety of electronic components in modern vehicles, including engine control units, infotainment systems, and safety features such as airbags and anti-lock brakes.
Potential semiconductor production catastrophe if China invades Taiwan
There has been a lot of chum in the water over China’s veiled threats to invade Taiwan - much to the United States’ dismay.
Cross-border logistics for perishable foods can get complicated
These goods have a limited shelf life and require special handling to maintain their quality and safety.
The paradoxical economy has economists scratching their heads
There are several possible explanations for why inflation could be high despite weak economic growth and low unemployment, including the near-constant supply chain disruptions.
Port of Oakland executive director aims to recapture cargo volumes
The Port of Oakland, like other ports around the world, is a critical hub for international trade and commerce.
The United States’ debt is set to skyrocket to $19 trillion over the decade
According to the Congressional Budget Office, the increasing cost of interest rates, retiree benefits, and military spending are expected to send the country’s debt to the moon by 2033.
Supply chain slavery risk increases with poor procurement practices
Modern-day slavery is a serious human rights issue that affects millions of people around the world.
Pressure on Tesla paid off: Supercharger network expansion to move forward
The electric vehicle automaker’s electric charging infrastructure will be expanding to include other electric vehicle models by the end of 2024.
Danish maritime data expects container shipping lines to begin a price war
Due to the significant demand decrease after pandemic-driven highs, carriers are very aware that they have the ability to adjust capacity tactically.
US Secretary of Defense signals NATO is looking to step up its logistics practices
NATO (North Atlantic Treaty Organization) is an intergovernmental military alliance comprising 30 member countries from North America and Europe.
The Chinese spy balloon debacle is escalating into supply chain politics
After the U.S. shot down a Chinese-originated spy balloon that was initially caught floating somewhere in the sky above Montana, the politics of the supply chain have been brought into question.
Egg inflation soars to 8.5%, along with other breakfast foods
Citrus fruits, cereal, and baked goods paced alongside eggs - making breakfast a “treat” for most American families.
EV automakers need to consider difficult sourcing decisions globally
EV supply chains are complex, with many components sourced from a range of suppliers around the world.
Ford’s electric pickup F-150 Lightning production has been paused
Long-awaited shipments of the F-150 Lightning have been halted abruptly as a potential problem with the vehicle’s battery pack has been identified.
Asia’s labor cost advantages in manufacturing can be fought with investments in AI domestically
AI can be used to optimize supply chain management, reducing lead times and increasing efficiency in the movement of goods between manufacturing facilities and warehouses.
Rare earth mining is underway in California’s Mojave Desert
While China still controls nearly 60% of the world‘s rare earth mining operations, the United States is looking to close the gap over the next decade.
U.S.-imposed vaccine mandate continues to block unvaccinated truck drivers from crossing the Canada-U.S. border
Despite the formal public health emergency in the U.S. scheduled to end May 11th, the vaccine mandate remains tightly in place at the 49th parallel.
A world once fighting over oil… is now fighting over metals
There is a global battle over precious metals such as lithium, cobalt, nickel, and copper because they are critical components used in the manufacturing of batteries for electric vehicles, renewable energy systems, and electronic devices.