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India emerges as US's new destination for "friend-shoring" pharmaceutical supply chains

Given the recent economic liberalisation measures in India, the expanding alliance between New Delh…

ANI   


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4 mins read

John L. Dorman   


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20 shipping containers' worth of gold and television sets were stolen in the 'biggest heist' ever for a Mexico port

Horacio Duarte, the head of Mexico's customs service, told Associated Press the theft was the resul…

Grace Kay   


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20 shipping containers' worth of gold and television sets were stolen in the 'biggest heist' ever for a Mexico port

Horacio Duarte, the head of Mexico's customs service, told Associated Press the theft was the resul…

Grace Kay   


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4 mins read

The supply-chain disaster that is eating Christmas is being driven by a Biden-Xi conflict that many are overlooking

The US-China trade war created a supply crisis even before the "everything shortage." They're fight…

Hillary Hoffower,Ben Winck,An…   


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3 mins read

Autos and semiconductors are at the heart of the global supply chain crisis. Here is what experts say is next for the pivotal sectors.

The chip shortage could last well into 2023. But unlike a conventional shortage, one expert thinks …

Ethan Wu   


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1 min read

Elon Musk says Tesla prices are increasing because of supply chain disruptions across the auto industry

Tesla earlier this month boosted prices on its Model 3 and Model Y, Electrek reported. It was the f…

Victoria Cavaliere   


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4 mins read

3 warning signs that the US economy could be headed for a downturn this year

The economy is nearing a full recovery to pre-pandemic health, but it might not feel that way for s…

Ben Winck   


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3 mins read

Katie Canales   


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Urge India to reconsider PC import restrictions: Top industry groups ask US govt

Top industry groups and tech giants, including Apple and Intel, have sent a letter to the US Depart…

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Biden plans order to bolster US supply chains, spurred by last year's scramble for COVID-19 medical gear and a looming crisis in chips for electric cars

The coming executive order is said to be designed to strengthen domestic production of key goods an…

Tom Porter   


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Intel CEO discusses how he plans to bolster the chip industry by creating 'the largest silicon manufacturing location on the planet' in Ohio

Pat Gelsinger spoke with Time about his plans to move the semiconductor supply chain to the US with…

Emily Walsh   


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4 mins read

3 major companies trying to move supply chains out of China, and how they're faring in their attempts to move away from the factory of the world

Apple, chip giant TSMC, and Japanese automaker Mazda are three companies shifting their supply chai…

Huileng Tan   


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Tesla reveals record quarterly sales despite supply chain struggles

Tesla delivered 184,800 cars to customers between January and March, despite a brief factory shutdo…

Tim Levin,Graham Rapier   


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1 min read

GM has 95,000 vehicles waiting for parts as shortages continue to slam the auto industry

Most of the cars, trucks, and SUVs were built in June. General Motors said it plans to finish and s…

Tim Levin   


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2 mins read

We've reached peak supply chain crisis - it'll only get better from here, according to Jefferies

Holiday shopping might still be chaos this year, but shipping should be back to normal by winter of…

Ben Winck   


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3 mins read

Supply-chain shortages are making it hard for parents of children with disabilities to get wheelchair-accessible vans

For families with children in wheelchairs, finding appropriate vehicles is harder than ever because…

Jaclyn Greenberg   


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3 mins read

People are hunting for artificial Christmas trees, pickup trucks, and PS5s on resale sites as supply chain issues present holiday shopping headaches

As shortages and shipping delays continue, shoppers are turning to sites like OfferUp to find secon…

Avery Hartmans   


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3 mins read

Apple may pull iPhone production out of China. Don’t expect other supply chains to follow.

Talk about moving manufacturing closer to the end consumer, often called "nearshoring" or "reshorin…

Emma Cosgrove   


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1 min read

A risk modeling firm estimates last week's German cargo ship fire destroyed more than $400 million in luxury cars

The London-based firm said in an email they believed Volkswagen is facing around $155 million in lo…

Huileng Tan