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Industries: Page 308
EU’s Ban on Russian Fuel to Spark a Jump in Global Tanker Demand
The European Union’s ban on Russian fuel imports is likely to actually increase the world’s need for oil tankers, according to vessel owner Torm A/S.
Mercedes, Rivian Partner on Electric Vans in Cost-Saving Bid
Mercedes-Benz AG and Rivian Automotive Inc. are partnering to jointly build electric vans (EVs) in Europe, a potential win-win for an established manufacturer wanting to share costs, and an inexperienced company struggling to scale up.
Watch: Welcome to the Supply Chain Metaverse
Virtual reality, and its supersized version, the metaverse, are beginning to play a vital role in retailing. Rian Beckham, director of communications with Kingsgate Logistics, explains how.
Newell Brands Says Retailers Are Cutting Consumer-Goods Orders
The business behind Sharpie markers, Yankee Candle and other consumer products cut its sales outlook for the coming months, highlighting how big disruptions in supply and demand over the past two years are continuing to ripple through supply chains.
Survey: Most Suppliers Experience "Operational Friction" When Serving Manufacturers
A survey conducted by HICX, a supplier experience platform provider, revealed that most suppliers are struggling to put their best foot forward for major manufacturers.
Why Retailers Should Rethink Using Via Third-Party Storefront and Delivery Platforms
With e-commerce increasingly dominating consumer preferences, third-party storefronts might no longer be a retailer’s best option.
U.S. Bars 'Advanced Tech' Firms From Building China Factories for 10 Years
U.S. tech companies that receive federal funding will be barred from building "advanced technology" facilities in China for 10 years, the Biden administration has said.
U.S. is Losing Soybean-Export Edge as Brazil Closes Logistics Gap
U.S. farmers facing supply-chain bottlenecks and a surging dollar are losing their competitive edge in the global market for soybeans to their biggest rival: Brazil.
WCS to Focus on Building Resilience in Air Cargo
The International Air Transport Association (IATA) announced that the IATA World Cargo Symposium (WCS) will focus on building resilience to further strengthen air cargo’s post-pandemic prospects.
Revving Exports to U.S. Keeps India in Race to Be Next China
India, believed by many to have the potential to become the next China, is finally making headway in the exports market as it broke into the top five suppliers of Christmas decorative items and t-shirts to the U.S.
Amazon Closes, Abandons Plans for Dozens of U.S. Warehouses
MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space.
Making Holiday Shipping Easier, Faster and More Reliable
To satisfy demand and start alleviating challenges, retailers need a comprehensive last-mile strategy to make the holiday shopping season easier.
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