supply chain News Updates

The shortfall in goods trade declined 4.2% from the prior month to $101.5 billion. U.S. exports of goods fell 1.8%, led by a slide in industrial supplies, while imports dropped by 2.6%.

JBS is stepping back from a 2040 net-zero emissions goal, dropping targets for the indirect emissions that make up the bulk of its environmental footprint.

FedEx's sale of its supply chain business may have limited immediate impact, but experts say it represents a key step in the company’s transformation strategy.

Packaged food company JM Smucker said it planned to lower coffee prices next year as costs comes down.

Starbucks CEO Brian Niccol said the coffee chain has the potential to add at least 5,000 more stores in the U.S., echoing comments from earlier this year.

Container shipping analyst Lars Jensen on July 1 sets out for an 18-month trip to scope out opportunities and risks to better connect Africa’s economies to the global trading system.

Nearshoring has further evolved supply chains this year even as tariffs and geopolitical risks have complicated the process.

UPS is set to expand its North American Air Freight capabilities by debuting time-definite heavy airfreight service to and from Mexico for the first time.

The Conference Board’s Measure of CEO Confidence dropped to 47 from 59 on concerns about supply chains and energy.

U.S. tariffs pushed by President Donald Trump and supply chain disruptions are eroding Mexico’s gains as a manufacturing hub.