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The Latest Breaking News from Supply chain

The Black-owned $15 billion tech company, World Wide Technology, is still hiring workers as sector sheds job

World Wide Technology is bucking tech's layoff trend and snapping up talent for its supply chain arm.

Fortune

Broad focus planned for revamped COVID panel under GOP majority

The new chair of the House Select Subcommittee on the Coronavirus Pandemic is planning a wide focus on future pandemic preparedness and the impacts of the pandemic on the economy, education and the national supply chain.

Tribune News Service

As Boeing posts more red ink, CEO cites progress, swipes at FAA

Still struggling with a wobbly supply chain and production slowdowns, Boeing lost $663 million, or $1.06 per share, in the fourth quarter despite Wall Street analysts’ expectation of a profit.

Tribune News Service

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Food and drink thefts in global supply chain could threaten higher food prices in 2023

Thefts from facilities now account for a quarter of all thefts from the supply chain - overtaking hijacking thefts, according to a new report

Daily Mirror

Food and drink now items most likely to be stolen in cost of living crisis

The theft of fuel is also on the rise, according to a new report

Wales Online

Food shortages: five ways to fix 'unfair' supply chains

UK food prices soared by more than 16% in 2022 as record inflation pushed up the prices of everything from bread to beans.

The Conversation

The 3 Best Car Stocks to Buy for Potential Profits in 2023

The automotive industry is expected to witness a rise in demand due to cooling inflation and easing supply chain disruptions. Moreover, with the growing popularity of electric vehicles, the automobile industry is expected to perform well. Therefore, it could be wise for investors to buy fundamentally strong car stocks General…

StockNews.com

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Young port workers in the maritime city of Makassar lack digital skills. Vocational schools can be the solution

The city of Makassar in South Sulawesi, Indonesia has seen fast economic growth in the past few years. In 2019, the province’s growth reached 6.9% – higher than the 5% national rate – with rapid infrastructure development, particularly in the maritime industry.

The Conversation

Odisha hockey league may come up before the return of Hockey India League

ROURKELA: Hockey India and International Hockey Federation (FIH) have lately often had Hockey India League (HIL) on the discussion table. The HIL, which is considered the reason behind the quality of India's supply chain and resultant success at the 2016 Junior Men's World Cup and the Tokyo Olympics, has been…

The Times of India

Mexico’s Testosterone Shortage Puts Trans Men at Risk

Lingering supply chain issues from the coronavirus pandemic have disrupted drug supplies around the world.

Texas Observer

4 EV Stocks That Belong in the Junkyard

Supply chain disruptions, mounting economic concerns, and high vehicle prices are all contributing to declining optimism about EV adoption. Hence, it could be wise to avoid fundamentally weak EV stocks NIO Inc. (NIO), Lucid Group (LCID), Nikola (NKLA), and Mullen Automotive (MULN). Read on….

StockNews.com

Don't expect cheap freight anytime soon

Global supply chains will normalise in 2023 as industry stops playing catch up.

Newsroom.co.nz

Global software company Ideagen acquires food supply chain specialist Qadex

New division Ideagen Qadex will work in food safety, supply chain tracking & approval, quality management and compliance

Birmingham Post

Britishvolt reaction: Urgent action needed on battery making capacity, says North East expert

Dr Colin Herron, a prominent voice in the electric vehicle industry, had been coordinating regional supply chain support for Britishvolt

Birmingham Post

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AAP

BHP says iron ore production up 3pct in Q4

BHP says it is on track to meet its iron ore production target for 2022/23 as labour constraints and supply chain issues ease.

Newsroom.co.nz

Hoping for a year that’s a little more boring

Fonterra's chief operating officer Fraser Whineray wishes for a less interesting year that prioritises supply chains, cutting carbon and complex thought.

Financial Times

What it would take for Apple to disentangle itself from China

The tech giant increasingly finds itself beholden to America’s biggest geopolitical rival. But is diversification even possible?

Evening Standard

Building the missing quick link in construction’s supply chain

“We’re like Amazon Prime for heavy equipment — linking up deliveries within 24 hours, and also helping customers plan projects and track spend.”

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Financial Times

How Apple tied its fortunes to China

The company spent two decades and billions of dollars building a supply chain of unprecedented sophistication. Now, a reckoning is coming

Asharq Al-Awsat

Private Equity Persuades Italian Luxury Suppliers That Bigger Is Better

Italian businesses discovered the limits of their 'small is beautiful' motto when competition became global.

InsideEVs

Audi No Longer Putting Heat Pumps In Q4 e-tron

Audi has stopped putting heat pumps in the Q4 e-tron due to ongoing supply chain issues.

The Conversation

Bringing manufacturing back to the US requires political will, but success hinges on training American workers

Supply chain disruptions during COVID-19 brought to light how interdependent nations are when it comes to manufacturing. The inability of the U.S. to produce such needed goods as test kits and personal protective equipment during the pandemic revealed our vulnerabilities as a nation. China’s rise as a global production superpower…

Birmingham Post

Derry software company creates 45 jobs as it eyes global expansion

Foods Connected helps food companies to manage their supply chain

Insider UK

Strikes underway at Glenrothes offshore supply chain provider

Union members respond to 'paltry' 3% pay rise offer

The Conversation

COVID-19 turned global supply chains upside down – 3 ways the pandemic forced companies to rethink and transform how they source their products

This is the sixth and final installment in our series on where the global economy is heading in 2023. It follows recent articles on industrial action, inflation, energy, food and the cost of living.

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