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Global Trade & Economics: Page 203

Modernization of EDI to Bring Supply Chains Together Faster

Instead of looking for a replacement technology for EDI, we must learn how to embrace a future in which it offers superior supply chain interoperability via pre-connected capabilities.

Edi Electronic Data Interchange I Stock Maxxa Satori 1450184233

China Strikes Back at U.S. Chip Maker

China’s decision to put Micron under review followed sweeping restrictions placed by the United States on China’s semiconductor industry

Photo: iStock.com/Mykola Pokhodzhay

Uniqlo Parent to Audit Working Conditions at Third-Tier Suppliers

Fast Retailing had originally performed compliance checks only on plants operated by primary and secondary suppliers. Now, Uniqlo will handle compliance checks for third-tier cotton spinning mills.

Uniqlo Retail Store Bloomberg

The U.S. Warehouse Capital Boomed During the Pandemic. Now It’s Facing a Slowdown

Data out April 4 showed U.S. supply-chain activity fell to the lowest in at least 6 ½ years in March, with low transport prices for goods driving the decline in the Logistics Managers’ Index.

An Amazon fulfillment center under construction in Ontario, on March 17. Photographer: Kyle Grillot/Bloomberg

Airbus Targets A350 Wide-Body Sale on Macron’s China Trip

Adding wide-bodies would bolster China’s global tourism capacity as it emerges from a three-year freeze on international travel because of its COVID-19 border shutdown.

An Airbus A350 passenger jet. Photographer: Jason Alden/Bloomberg

Shock OPEC+ Output Cuts to Hit Demand, Rates for Oil Tankers

The production cuts will probably lead to a real loss in supply and tighten global oil markets because those doing the cutting are largely pumping at their quotas.

Photo: Bloomberg

U.S. Campaigned to Stop Chinese Bid on Key Port in Croatia

The Croatian government awarded a $3 billion contract to build and operate a container terminal to Maersk-owned APM Terminals, after canceling a tender that had been given to three Chinese state-owned companies.

The industrial and port city of Rijeka, with Krk bridge in the background. Photo: iStock.com/Marilena Dragoslavic

Sartorius to Buy French Biotech Polyplus for $2.6 Billion

The deal would bolster Sartorius’s portfolio of drug-delivery technologies, creating a deeper focus on the fast-growing field of viral vectors, which are tools used to deliver genetic material into cells.

Photo: Bloomberg

U.S. Secretary of Commerce Gina Raimondo Announces U.S. Fiber Manufacturing Expansions

The Bipartisan Infrastructure Law requires the use of Made-in-America materials and products for federally funded infrastructure projects including high-speed Internet deployment in America.

Photo: iStock.com/kynny

Digital Tools Help Metals Supply Chains Experience Less Volatility and More Resiliency

Businesses in the industrial metals industry must increasingly rely on digital tools such as real-time product tracking to optimize their items’ journey and to provide data to inform decisions.

Photo: iStock.com/JerryB7

Japan Plans to Restrict Some Equipment Exports

Japanese trade minister Yasutoshi Nishimura told reporters that the move was not coordinated with U.S. restrictions.

Image: iStock.com/estherpoon

Report: Global 3PL Market Has Almost Doubled Since 2016

The global third-party logistics (3PL) market reached $1.47 trillion in 2022, according to Armstrong & Associates, Inc. (A&A), an increase of 14.5% over 2021 revenues.

Photo: iStock.com/sorn340

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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