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Michelin to Pause Spanish Production Due to Red Sea Crisis
Michelin suspended shifts at Spanish plants during the weekend of January 13 due to raw material delivery delays that arrive by sea from Asia.
Clermont Ferrand, France. Photo: iStock.com/Eric Bascol
World’s Biggest Uranium Miner Warns of Production Shortfall
Kazatomprom said January 12 that shortages of sulfuric acid and construction delays at newly developed deposits are creating production challenges that could persist into 2025.
Photo: Daniel Acker/Bloomberg
Remember the Mall? Now, it’s a Fulfillment Center, and More
What’s particularly attractive about shopping malls is that they offer the possibility of creating a hybrid facility that combines logistics and fulfillment activities with in-person activities for shoppers.
They could be returning purchases, too. Photo: iStock.com/wsfurlan
U.S.-Owned Cargo Ship Near Yemen Hit by Missile
The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.
Image: iStock.com/PeterHermesFurian
Tesla Pausing German Factory Operations Citing Red Sea Disruptions
Tesla is one of the first companies in the world to disclose that Houthi militant attacks in the Red Sea caused the organization to suffer output disruptions.
Upland, California. Photo: iStock.com/baileystock
China’s Chip Output May Double in Five Years, Barclays Says
Most of that additional production capacity could be added in the next three years, based on an analysis of 48 chipmakers with fabrication plants in mainland China, the research showed.
Photo: iStock.com/Thicha studio
Strategies for SMBs Amid the Amazon Effect’s ‘Fast Shipping’ Craze
While retail giants like Amazon.com can often absorb the high cost of fast shipping, small and medium-sized businesses don’t necessarily have that luxury.
Photo: iStock.com/marchmeena29
India Scraps Plan for $602M Strategic Oil Reserve Top-Up
Instead of buying at current levels the ministry is asking state-owned Indian Strategic Petroleum Reserves Ltd. to lease out empty underground storage to refiners and global oil majors.
Photo: Dhiraj Singh/Bloomberg
Transportation's Rebound Contributes to Bleak Outlook for Meeting Emissions Goals
The U.S. is on track to cut greenhouse gas emissions by only around 40% by 2030 when compared to 2005 levels if the country does not make any other changes.
Photo: iStock.com/Naeblys
Majority of Shoppers Stay Loyal to Retailers That Offer Free Returns
Many retailers have started charging a returns fee, but research suggests this is causing shoppers to switch, with 49% being less loyal to brands that charge for returns.
You going to buy that? Retailers want to know. Photo: iStock.com/Prostock-Studio
Alibaba.com Launches AI-Powered Assistant Tool
Alibaba.com said that the Smart Assistant tools for global sourcing will help small business owners discover new commerce opportunities, stay up-to-date with market trends and track orders.
Photo: iStock.com/Robert Way
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