Bellwether Logistics Company J.B. Hunt Sees Dip in Profit, Revenue in Q1 2024 April 18, 2024 SupplyChainBrain The company posted a $127.5 million profit in the opening months of the year, down from nearly $200 million in Q1 of 2023.Read More
Boeing Sharply Criticized at Two Senate Committee Hearings April 18, 2024 SupplyChainBrain One witness said there was a disconnect between Boeing management's words about safety and what workers observe on the factory floor.Read More
Biden Calls for Tripling of Tariffs on Chinese Steel and Aluminum April 17, 2024 SupplyChainBrain Biden criticized what he labeled "unfair Chinese trade practices," where below-market cost steel has flooded into the global shipbuilding market.Read More
COVID Pandemic Wiped 24.6M TEUs Off Container Market Growth April 17, 2024 SupplyChainBrain Without the pandemic, the global container market would have been 198.1 million TEUs in 2023. Instead, it was only 171.0 million TEUs, BIMCO said.Read More
U.S. Treasury Secretary Warns Iran of 'Economic Spillover' After Missile Attack April 17, 2024 SupplyChainBrain Secretary Yellen said she expects "additional sanctions" against Iran sometime in the coming days.Read More
New 'eRegs' Tool Gives Drivers Digital Access to FMCS Safety Regulations April 16, 2024 SupplyChainBrain The web and mobile app gives drivers the ability to read and annotate the FMCSRs, as well as highlight and bookmark specific sections.Read More
Number of Boeing Workers Reporting Safety Concerns Skyrockets in 2024 April 16, 2024 SupplyChainBrain Boeing vice president Lisa Fahl says that the number of workers using the company's service to report safety concerns has risen by 500%.Read More
Samsung to Get $6.5B in Federal Funds to Build Semiconductor Plants in Texas April 16, 2024 SupplyChainBrain Samsung will get $6.5 billion in federal funds, while the company will invest $40 billion of its own into the project.Read More
Apple No Longer World’s Biggest Phone Seller April 15, 2024 SupplyChainBrain U.S. giant, hurt by slowing sales in China, loses out to Samsung as China sales drop.Read More
Supply Chains Not Likely to Return to Pre-Pandemic Stability in 2024 April 15, 2024 SupplyChainBrain Several geopolitical factors have slowed the post-pandemic recovery process so far in 2024, but there have been "positive signs" over the last year, too. Read More
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