Mark Gath’s farmhouse in Luverne, Minnesota, sits 30 miles down country roads from Sioux Falls, South Dakota. From that base in the heartland, Gath, a sturdy man in boots and a blue shirt, farms more than 10,000 acres of corn and soybeans with the help of his wife, Leah, and sons Dalton and Stetson. Though his farm is larger than average, he feels squeezed by low commodity prices and the rising costs of seeds, pesticides and equipment. “Everyone is scared out here,” he says.
The Trump administration’s China tariffs spared some finished goods like smartphones and washing machines, while charges on parts and components could drive up costs in the U.S. supply chain.
C&A Foundation announced $1.5m in funding for five circular fashion initiatives worldwide to bridge the gap in implementing circular business models throughout the global apparel value chain.
President Trump imposed tariffs Friday on $50bn in Chinese products, signaling his willingness to unwind nearly a quarter-century of growing commercial links between the world’s two largest economies unless Beijing agrees to transform the way it conducts business.
Retailers and manufacturers are taking stock of their transportation costs and exploring alternatives as a capacity crunch in freight is driving up prices and causing shipping delays.
Google will invest $550m in JD.com, one of China’s largest e-commence companies, as part of a strategic partnership to jointly develop markets outside of the country, the two said in a statement Monday.
The International Monetary Fund is warning that U.S. President Donald Trump’s new import tariffs threaten to undermine the global trading system, prompt retaliation by other countries and damage the U.S. economy.
The European commission has said the “simply unacceptable” imposition of high tariffs by the U.S. on Spanish olives is already having a major effect on producers in southern Spain.
Artificial intelligence promises to have a profound impact on the way in which shippers and carriers do business together. Assuming, of course, that they’re able to make use of the wealth of data that the technology offers.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using finance and revenue management solutions for supply chain optimization.
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