supply chain News

Drop in Cargo Thefts Follows Spike During Pandemic Lockdowns

A rash of railcar thefts in the Los Angeles area may have given a different impression, but nationally the number of reported cargo thefts dropped by 15% in 2021 compared to the prior year, according to CargoNet’s annual Supply Chain …

Global Supply Pressures Eased in February, New York Fed Says

Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure of ocean shipping costs declined, according to new data from the New York Federal Reserve released on Thursday. The New …

Takeaways from Our Conversation on Cannabis Supply Chain Risks

Everyone knows about supply chain management nowadays. The pandemic, with shelves bare of TP and paper towels, and cargo ships backed up at ports, drove home for many what a supply chain is and the consequences when something goes wrong …

Pandemic, Other Risks Weigh on Minds of Middle-Market Execs

Most middle-market firms experienced a recovery following the height of disruptions caused by COVID-19 and remain mostly optimistic about the global economy, but other business risks loom large. According to a survey of 1,000 executives by Chubb and the National …

Foxconn India Restarts Production at iPhone Plant After December’s Worker Protests

CHENNAI – Apple Inc supplier Foxconn restarted production at its plant in southern India on Wednesday, a company official said, over three weeks after it was closed because of protests over workers falling sick. The company official, speaking to Reuters …

Foxconn Unlikely to Reopen India iPhone Manufacturing Facility Until Jan 7: Official

Apple Inc supplier Foxconn is unlikely to reopen its shuttered iPhone manufacturing facility in southern India until Jan. 7, a senior government official familiar with the matter told Reuters. The Foxconn plant, located in the state of Tamil Nadu, was …

Indian iPhone Plant Workers Became Ill From Tainted Food. Then a Rare Protest Began.

SRIPERUMBUDUR, India — For women who assembled iPhones at a Foxconn plant in southern India, crowded dorms without flush toilets and food sometimes crawling with worms were problems to be endured for the paycheck. But when tainted food sickened over …

Business Continuity Firm Agility Recovery Acquires Chicago’s Recovery Solutions

Agility Recovery, a Denver-based provider of business continuity services for banking and insurance companies, has acquired Chicago, Illinois-based Recovery Solutions. Recovery Solutions delivers audit-ready and Federal Financial Institutions Examination Council compliant business continuity services that help companies protect their people, …

Germany’s Rhine River at Dangerously Low Levels, Which Could Disrupt Shipping

Germany’s Rhine River is entering dry summer months with water levels at their lowest in two decades, prompting fears of shipping disruption on Europe’s most important inland waterway. After spring showers failed to show in Germany, the official water level …

Europe Faces Sweltering Summer with Below-Average Rainfall: Scientists

Europe is set for a sweltering and tinder dry summer this year, posing trouble for farmers, utilities and transportation on inland waterways. That’s the conclusion of scientists at the Copernicus Climate Change Service, who published the seasonal outlook this week. …