Truck maker AB Volvo beat first-quarter expectations thanks to strong demand for trucks and construction equipment across most markets but cautioned that its supply chain was coming under pressure.
Global wine output fell to its lowest level in 60 years in 2017 due to poor weather conditions in the European Union that slashed production in the bloc, international wine organization OIV said.
Achieving quality in the supply chain is a major concern for manufacturers, and access to good raw materials is a growing issue, a survey of 200 U.K. manufacturers has found.
In March, the U.S. Department of Homeland Security and the Federal Bureau of Investigation issued a troubling alert: Since the same month two years before, Russian state-sponsored hackers had been infiltrating the nation’s electricity grid and various infrastructure industries, including aviation, collecting information on how the networks were organized and what systems’ controls they had in place.
Auto manufacturers could face potentially significant supply chain disruption when it comes to batteries for electric vehicles, according to an insurance broker.
Nestle and European supermarket retailers are making progress toward settling a months-long price dispute but the Swiss food giant still needs to offer more concessions, German chain Edeka said.
Hyperloop Transportation Technologies, an independent company working to build the high-speed transportation system first envisioned by Elon Musk, has announced the beginning of construction on a test track in Toulouse, France.
