Countries in South Asia, Southeast Asia and Latin America stand to benefit most from a shift away from China, says Paul Page, Editor, WSJ Logistics Report during the inaugural episode of the new podcast The Freight Buyers’ Club hosted by…
Take Back Manufacturing: An Imperative for Western Economies Author Nigel Southway A Roadmap to "Take Back Manufacturing: An Imperative for western economies" revealed Nigel Southway raises awareness of the decline of the manufacturing sectors in western nations, resulting in a…
3Sun’s journey began in 2010, when very few people thought that it would make sense to produce photovoltaic modules in Italy—in Sicily! It’s a journey, and a choice, which today seems forward-thinking, now that Covid, the conflict in Ukraine, and…
Linton said its initial investment of $10M will be used to add a new facility, establish a demonstration line, and build 1 to 2 gigawatts of production capacity, all by the end of year one. Image: Linton Crystal At an…
Ocean carriers are working out their moves in a new era of reshoring and friendshoring In January, Maersk and Mediterranean Shipping Co., the world’s two largest shipping lines, announced that their alliance would end in 2025. Dubbed 2M, Maersk’s and…
Had I told you three years ago that Danish shipping giant A.P. Moller-Maersk A/S would report $31 billion in 2022 operating profit and promise to return almost half of that to shareholders, you’d have called me crazy. It did. But…
Experts say this could be the most important time in Ohio’s manufacturing history. Data collected by The Ohio Manufacturers’ Association (OMA) reinforce that claim. Our report, “2023 Ohio Manufacturing Counts” (at ohiomfg.com ), found manufacturing leads the state’s private sector,…
Large Factory | BetaKit Ottawa-based startup Raven.ai is looking to lessen Canada’s supply chain issues by streamlining production lines, after having recently secured $12 million USD in Series A equity financing. Founded in 2013 by McGill graduate Martin Cloake, Raven’s…
Highlights Infrastructure spending not forecast to affect market until the second half of year Higher interest rates expected to weigh on demand from construction sector The startup of new steelmaking capacity and weaker construction activity could weigh on US sheet…
DAVOS, Switzerland — For the American abroad, the signals are unmistakable — and dissonant. The world is bullish on America and American power. You read that right. This is the same world that looks on with glee or horror at…
2023 is the year that many companies in the EU will look seriously at reversing their decades-long policy of trade globalisation and begin reshoring, says Gary Mitchell, group CEO, Techpoint. AdobeStock The ongoing electronics shortage is one part of a…
FILE - A flag of the United States of America flies next to the Chinese national emblem at the Great Hall of the People in Beijing, Nov. 9, 2017. The United States' two-way trade with other nations — including China…
The diversification of product sourcing away from China in the post-Covid era as manufacturers and retailers seek more supply chain resilience will have a major impact on trade and shipping patterns, according to leading supply chain and procurement experts. Jon…
For the first time since the late 1970s, US employment in manufacturing has surpassed the peak set during the previous business cycle. This happened in May 2022, according to the revised 2022 payroll jobs data released last week by the…
Had I told you three years ago that Danish shipping giant A.P. Moller-Maersk A/S would report $31 billion in 2022 operating profit and promise to return almost half of that to shareholders, you’d have called me crazy. It did. But…
Whatever one’s favored terminology for describing the current moment, there is widespread agreement that we are facing unprecedented, unusual, and unexpected levels of uncertainty, auguring a future of crisis, instability, and conflict. But whether we will actually do anything about…
It can be said that the “innovation economy” has become synonymous with the “digital economy.” To point to one factor, even after some dramatic declines in the value of the tech sector in recent months, Apple, Microsoft, Amazon, and Alphabet…
After the French and German ministers travelled to Washington, their leaders dined privately with Ukrainian President Zelensky, setting the rest of the EU aside. While at the EU Council in Brussels, the Italian PM highlighted the importance of acting as…
The new green race between the United States and the European Union threatens to leave developing countries behind. All smiles: the US president, Joe Biden, the vice-president, Kamala Harris, and Lovette Jacobs, a member of the International Brotherhood of Electrical…
Future foreign conflicts could make domestic supply chains crucial Pandemic-induced supply chain hurdles caused many of Wisconsin’s manufacturers to reevaluate where they are getting materials, and industry consultants expect that trend to continue. Some companies already moved some of their…