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Top Stories: Page 37
Kroger to Buy Grocer Giant Eagle for $1.65B
Family-owned Giant Eagle generates about $9 billion in annual sales and operates around 200 supermarkets and 11 standalone pharmacies in Ohio, Pennsylvania, West Virginia, Maryland and Indiana.
ICE Raids, Economy and GLP-1 Drugs Have Reduced U.S. Cooking Oil Market
Hispanic customers are reusing cooking oil more frequently, said the CEO of iconic Mazola brand.
U.S. Decides Against Renewing USMCA, Shifting to Rolling Talks
The decision marked a head-spinning reversal for President Donald Trump. The potential disruptions and the broad economic impact are stark.
CMA CGM Group Buys FedEx Supply Chain
CMA CGM and FedEx said they also expect to enter into ocean and air commercial agreements to support their respective strategies.
Report: Majority of Tier-1 Suppliers Fail to Manage Supply Chain Sustainability Risks
Ratings data highlights strong supplier progress on climate action and human rights, but risk visibility blank spots deeper in the supply chain.
Trump Souring on USMCA Sets Up Rethink of $2 Trillion Trade Deal
Economists, analysts and policymakers believe that months, perhaps years, of haggling lie ahead to try to negotiate solutions in a trading bloc of more than 500 million people.
Congo Orders Cobalt Miners to Give Up Unused Export Quotas
The world’s dominant cobalt supplier has imposed strict limits on shipments since early last year, replacing an all-out ban with quotas in October.
Shipping Rates Surge as Peak Demand Builds Early
Transpacific shipping rates to the West Coast have more than doubled since mid-May, while Asia to Europe rates have been up 70-80%.
Gartner: AI Expected to Become More Embedded in Supply Chains
The report identified several emerging technologies expected to shape supply chains over the coming year, including autonomous AI software, robotics and connected data systems.
EU and China Agree to Three Months of Trade Talks
The talks will reportedly cover four areas: Rebalancing trade and investments, export controls on rare earths, intellectual property rights, and WTO reforms.
Ford’s AI Hiccups Lead Carmaker to Rehire ‘Gray Beard’ Engineers
The return of the veteran engineers at Ford cuts against the prevailing wisdom — and fear — that AI will replace all kinds of knowledge workers.
Maersk Boosts Outlook on Stronger-Than-Expected Container Demand
Ranges for both underlying EBITDA and EBIT were increased, topping analysts estimates, and free cash flow will also be better than previously expected, Maersk said.
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