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Supply Chains in Crisis: Page 88

White House Claims Supply Chain Resiliency Has Improved Since 2020
The backlog of anchored vessels has decreased from 155 to roughly a dozen while 92% of goods in grocery and drug stores are in stock, exceeding pre-pandemic levels.
Photo: iStock.com/lucky-photographer
U.S. Expands China Forced-Labor Embargo with Ban on Two New Firms
Ninestar Corp. and Xinjiang Zhongtai Chemical Co. Ltd. were both added to the list June 9 bringing the total number of companies to 22.
Hetian, China. 2007. Photo: China Photos/Getty Images/Bloomberg
BBC, British Airways, Nova Scotia and More Victimized by Supply Chain Hack
U.S. and U.K. cybersecurity officials said that a Russian cyber-extortion group had hacked a file-transfer program known as MOVEit, which is used to securely share files.
Photo: iStock.com/Pavel Muravev
Fed Index of Global Supply-Chain Stress Plummets to Record Low
The Global Supply Chain Pressure Index fell to -1.71 in May 2023, marking the lowest level on record based on data going back to 1997.
A port in South Korea. Photo: Bloomberg Creative Photos/Bloomberg
Toyota Indus Halts Production Due to Supply Chain Issues
In an official notice sent to the Pakistan Stock Exchange, Toyota Indus said it would shut down production from June 3 through June 8, 2023.
Toyota Highlander. Philadelphia, Pennsylvania. March 11, 2018. Photo: iStock.com/helen89
Saudi Arabia to Reduce Global Oil Supply Contributions
Starting July 2023, Saudi Arabia will begin cutting back its contributions to the global oil supply by at least 1 million barrels a day.
Photo: iStock.com/tifonimages
Flurry of FMC Complaints Reveals Widespread Accusations of Ocean Carrier Profiteering
The period seems to mark a low point in the ongoing tit-for-tat battle between shippers and carriers over freight rates, and colors the current situation.
Photo: iStock.com/Tryaging
U.K. Farming and Trucking Most Exposed to Rise in Retiring Workers
More than half of the U.K.’s farmers are aged 55 and older while half of Britain's truck drivers are older than 50.
A farmer drives a tractor through an apple orchard on a farm in Faversham, UK, on Oct. 18, 2022. Photo: Bloomberg
Navigating Supplier Risk Challenges to Shore Up Cyber Defenses
Organizations are paying too little attention to the risk of their supply chain information being compromised through cyberattack.
Image: iStock.com/Thapana Onphalai
U.S. House Votes to Overturn Biden Administration Truck Emissions Rule
The opposition argued the rules would be too difficult to implement, leading to increased supply chain costs and more pressure on small business owners.
Photo: iStock.com/vitpho
Boeing CEO Warns Supply-Chain Constraints Could Last ‘Very Long Time’
Boeing CEO David Calhoun made the comments about supply chain constraints May 23 during a Qatar Economic Forum panel held in Doha.
Photo: Christopher Pike/Bloomberg
A New Dawn for American Manufacturing
Manufacturers and retailers have often been left with two tough options: raise prices, or find a different supplier.
Photo: iStock.com/Moostocker
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