U.S. business activity continues to downshift, with growth slowing to an eight-month low in August against a backdrop of materials shortages, a lack of labor and an upswing in coronavirus infections.
August 23, 2021supply chain News Updates
Growth at Services, Factories Slows to Eight-Month Low
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August 1, 2021Foreign Chipmakers Could Get Funding Aid, Raimondo Says
President Joe Biden will ultimately decide whether foreign chip producers will receive some of the $52 billion in funding planned to help ease the shortage that has hammered manufacturing, Commerce Secretary Gina Raimondo said.
July 28, 2021Senate Commerce Leaders Push Supply Chain Efficiency
To promote efficiency across the country’s supply chain, Commerce Committee Chairwoman Maria Cantwell recently pressed colleagues to advance legislation meant to enhance the flow of freight.
July 21, 2021Top Stainless Steel Maker Roiled by Supply Chain Woes
In another sign of how supply chains are being snarled all over the world, a leading U.S. maker of stainless steel was forced to declare force majeure at its Kentucky mill because it can’t get enough of the industrial gases it needs.
July 12, 2021Geodis Expands Freight Brokerage Capacity With Velocity Acquisition
Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.
July 9, 2021DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon
DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.
June 30, 2021Supply & Demand: How Ports Operate in a Stretched Supply Chain
For the last nine months, ports have seen record container volumes with movement limited and more supplies needed. As a lynchpin of our supply chain, managing a port requires high-functioning information systems to predict and plan for supply and demand as well as communicating with every link in the value chain.
June 29, 2021Labor, Food Shortages in Supply Chain Take Toll on Restaurants
For many restaurateurs across Connecticut, daily deliveries of food have become inconsistent, later than usual and sometimes canceled at the last minute. Part of the problem is a shortage of staff at food purveyors and trucking companies.
June 25, 2021Public, Private Groups Pilot Last-Mile Delivery Hub in Seattle
The University of Washington’s Urban Freight Lab, in collaboration with various companies, is piloting a zero-emission hub for last-mile deliveries.
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