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, 2021supply chain
Government, Business, Technology
Commerce Secretary Gina Raimondo is interviewed on Bloomberg TV. (Bloomberg)
Foreign Chipmakers Could Get Funding Aid, Raimondo Says
Commerce Secretary Gina Raimondo is interviewed on Bloomberg TV. (Bloomberg)
Government, Business, Logistics
Getty Images
Senate Commerce Leaders Push Supply Chain Efficiency
Getty Images
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
Business, Logistics
North American Stainless plant in Ghent, Ky. (North American Stainless/YouTube)
Top Stainless Steel Maker Roiled by Supply Chain Woes
North American Stainless plant in Ghent, Ky. (North American Stainless/YouTube)
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
Business, Logistics
The acquisition of Velocity will allow Geodis to expand operations in the Dallas-Fort Worth metro area. (Geodis)
Geodis Expands Freight Brokerage Capacity With Velocity Acquisition
The acquisition of Velocity will allow Geodis to expand operations in the Dallas-Fort Worth metro area. (Geodis)
Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.
July 9, 2021
Business, Technology, Logistics, Top 50
Shelves with boxes sit in a modern warehouse. (Chokii Ns/Getty Images)
DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon
Shelves with boxes sit in a modern warehouse. (Chokii Ns/Getty Images)
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
Business, Logistics
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
Government, Business, Logistics, TCA
A Wood N Tap Restaurant in Southington, Conn., receives a delivery from Performance Foods. (Mark Mirko/Hartford Courant via Tribune Content Agency)
Labor, Food Shortages in Supply Chain Take Toll on Restaurants
A Wood N Tap Restaurant in Southington, Conn., receives a delivery from Performance Foods. (Mark Mirko/Hartford Courant via Tribune Content Agency)
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
Business, Technology
Anne Goodchild (right), founding director of the Supply Chain Transportation and Logistics Center at the University of Washington, helps launch the Seattle Neighborhood Hub. (Urban Freight Lab)
Public, Private Groups Pilot Last-Mile Delivery Hub in Seattle
Anne Goodchild (right), founding director of the Supply Chain Transportation and Logistics Center at the University of Washington, helps launch the Seattle Neighborhood Hub. (Urban Freight Lab)
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
Business, Equipment, Logistics
Trucks line up near shipping containers stacked near gantry cranes at the Port of Los Angeles. (Bing Guan/Bloomberg News)
Supply Chain to Remain Backed Up Until 2022, Experts Say
Trucks line up near shipping containers stacked near gantry cranes at the Port of Los Angeles. (Bing Guan/Bloomberg News)
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
Government, Business
A warehouse worker with a forklift. (Getty Images)
Biden to Launch Task Force on Bottlenecks in Supply Chains
A warehouse worker with a forklift. (Getty Images)
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