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The Latest Breaking News from Supply chain

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.

The Conversation

Year-end surge boosts Boeing, but Airbus still No. 1 in 2022

Following three miserable years of contraction in Boeing’s commercial airplane business, the company in 2022 took substantial steps toward a recovery, reflected in Tuesday’s release of its final jet order and delivery figures.

Tribune News Service

NGOs take French food giant Danone to court over plastics footprint

Three French environmental groups on Monday took legal action against Paris-based dairy group Danone, the world’s biggest yoghurt maker, over its use of plastic across the supply chain.

Radio France Internationale

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Climate change action could set off a copper mining boom: how Zambia can make the most of it

At last year’s US Africa leaders summit in Washington the US signed an historic memorandum of understanding with Zambia and the Democratic Republic of Congo to develop an electric vehicle battery supply chain.

The Conversation

McDonald’s set to exit Kazakhstan following supply chain issues caused by Ukraine war

Russia has historically been Kazakhstan’s main trading partner, with the country facing supply chain issues following the Ukraine crisis

The Independent UK

BYD Says It Can’t Judge How Many Cars It Will Sell This Year

The Chinese automaker cited uncertainties over supply chains and consumer demand stemming from the Covid-19 pandemic

Caixin Global

New car sales fall to lowest level in three decades amid supply chain issues

2022 ‘very difficult’ but supply problems ‘beginning to ease’ says SMMT

The Independent UK

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These are not your mother's machines - the next generation of American manufacturing is high-tech, and skilled workers are needed to operate these advanced tools

The U.S. Navy is beginning to build 12 top-of-the-line nuclear submarines , with the first one scheduled to be completed by 2027. But it is missing a critical ingredient: many of an estimated 50,000 skilled workers to get the job done. It also lacks a reliable supply chain and the…

The Conversation

Edmunds: Top vehicles to look out for in 2023

The supply chain shortage has crushed automotive production and sales, but that hasn’t stopped automakers from introducing new and redesigned models

The Independent UK

Tesla makes record deliveries in 2022, but falls short of expectations

The electric car maker Tesla has been hit hard by supply chain issues linked to China's zero-Covid policy and is now facing a slump in consumer demand. Despite Tesla making record deliveries in 2022, the figures fell short of Wall Street expectations. The group's share price plunged 65 percent last…

France 24

The Healthcare Sector Needs to Lead the way on Decarbonization

The recent Lancet Countdown report on Climate Change highlighted the impact of the healthcare sector on global emissions. The report indicates that the total emissions footprint of the global health sector is 5.2% or 2.7 GtCO2e of total global emissions, while contributing to 10% of global GDP. As per Health…

The Times of India

Brexit means no British manufacturer able to build UK government’s ministerial cars

UK carmakers ‘unable to meet the requirements’ of the Metropolitan Police protection service

The Independent UK

Years of global supply chain chaos could be a nearshoring jackpot for the Americas in 2023

China's status as the factory of the world is diminishing, and Latin America is getting ready to step up.

Fortune

2 Auto Stocks to Buy in December and 2 to Avoid

The automotive industry is poised for long-term growth, thanks to the increasing integration of digital technologies and the growing popularity of electric vehicles. Given the industry tailwinds, investing in fundamentally sound auto stocks General Motors (GM) and Honda Motor (HMC) could be wise. However, with supply chain constraints, rising interest…

StockNews.com

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Birmingham Post

Offshore wind firms confident of future growth despite skills challenges

Supply chain companies said they wanted better visibility of market opportunities

Birmingham Post

Henry Colbeck delivers 'exceptional' profit despite supply issues and price inflation

The chip shop supplier said higher turnover was largely down to more sales, not only higher prices

The Guardian - UK

How big brands like Tesco are drawn to ‘wild west of global supply chain’

In the Thai city of Mae Sot, where wages and labour conditions are substandard, factories can keep costs low

The Times of India

India, Vietnam are emerging as Apple's next manufacturing hub, analysts say

India and Vietnam are emerging as Apple Inc's next manufacturing hubs as assembly partners seek to add resilience to a supply chain heavily centered on China and shaken by its geopolitical and health challenges.

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The Guardian - UK

Workers in Thailand who made F&F jeans for Tesco ‘trapped in effective forced labour’

Exclusive: Supermarket faces landmark lawsuit in the UK from 130 former workers alleging negligence

Fortune

Biden's efforts to starve China of chips are rewriting the rules of global trade–and even U.S. allies are balking at the upheaval

The U.S. is asking allies to pick sides in its chip battle with China—and some are hesitant to choose.

ABC News

Child workers found throughout Hyundai-Kia supply chain in Alabama

A Reuters investigation finds children worked for at least four Alabama parts suppliers to Hyundai and Kia in recent years, with staffing agencies placing migrant minors in plants where regulations ban kids from working.

Motor1

Ford F-150 Lightning Base Price Increases Again, Now Starts At $57,869

"Rising material costs, market factors, and ongoing supply chain constraints" are forcing the increase, according to Ford.

StockNews.com

4 Semiconductor Stocks to Buy Hand Over Fist Before 2023

Despite the continued supply chain disruptions due to U.S.-China tensions, the semiconductor industry is poised to expand significantly due to its increasing demand and usage across all sectors. Furthermore, federal investments are boosting the industry’s growth. Hence, it could be wise to add fundamentally strong and quality semiconductor stocks STMicroelectronics…

Daily Mirror

Baggage handlers filmed laughing while hurling passengers' bags on conveyor belt

DHL Supply Chain said two baggage handlers have been removed from operations after footage emerged of workers roughly handling and throwing luggage

Birmingham Post

Supply issues mean Northern Ireland companies holding £1.2B of unfinished goods

Manufacturers have had to hold more stock and look for alternative suppliers to spread supply chain risk

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