supply chain News Updates

GovernmentBusinessTechnology

Foreign 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, 2021
GovernmentBusinessLogistics

Senate 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, 2021
BusinessLogistics

Top 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, 2021
BusinessLogistics

Geodis 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, 2021
BusinessTechnologyLogisticsTop 50

DP 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, 2021
BusinessLogistics

Supply & 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, 2021
GovernmentBusinessLogisticsTCA

Labor, 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, 2021
BusinessTechnology

Public, 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.

June 21, 2021
BusinessEquipmentLogistics

Supply Chain to Remain Backed Up Until 2022, Experts Say

Imported cargo shipments to the U.S. are expected to remain at a record or near-record levels for several more months as consumer spending continues to restart the pandemic-damaged economy. But industry experts say all of that buying is clogging an already overtaxed supply chain.

June 9, 2021
GovernmentBusiness

Biden to Launch Task Force on Bottlenecks in Supply Chains

WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

June 8, 2021