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Global Logistics: Page 35

China Warns Russia Sanctions Endanger Global Supply Chains
The United States Commerce Department added five Chinese companies that deal with Russia to its “entity list” April 12.
Photo: iStock.com/Rutmer Visser
Reshoring Trend Has Companies 'Scrambling' for Facilities in the U.S. and Mexico
Kearney’s “10th Annual Reshoring Index Report” showed 96% of CEOs are considering reshoring operations, have decided to reshore operations, or have already reshored operations in 2023.
The word 'RESHORING' is written on a typewriter. Photo: iStock.com/pedrosala
G7 Financial Leaders Seek to Diversify Supply Chains
While the G7 statement was not specifically directed at China, the group believes a high concentration of supply chains in any single country is undesirable.
Flags of all members of the G7 Group, 3D rendering. Photo: iStock.com/AlexLMX
Report: 60% of Businesses Experienced Significant 2022 Revenue Losses Due to Supply Chain Issues
A report from Anvyl found 60% of small and mid-sized businesses reported losses of up to 15% or more in revenue due to supply chain delays.
Photo: iStock.com/marchmeena29
Locher Evers International Acquired by EFL Global
The deal will allow EFL Global to expand its reach within the Canadian market while strengthening the company’s ability to provide customers with end-to-end logistics solutions.
Most Supply Chains Are Not Ready for Due Diligence Compliance
Simply dumping a non-compliant supplier is probably the most disruptive option, and also in many ways the least good one. Better, in most cases, to deepen the relationship and offer genuine solutions.
Strasbourg, France - July 11, 2015: Uyghur human rights activists participate in a demonstration to protest against Chinese government's policy in Uyghur. Photo: iStock.com/AdrianHancu
South Korea to Strengthen Supply Chain Cooperation with India
President Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China.
Port of Busan, South Korea. Photo: Bloomberg
GSCPI Shows Supply Chains Getting Back to Normal
The bank says the research shows global supply chain pressures decreased again in March, falling from .28 to 1.06 standard deviations below the index’s historical average.
Photo: iStock.com/ake1150sb
Warning Post-Brexit Border Checks Could Deter EU Imports
The U.K. Cabinet Office said the new regime was a "huge step forward for the safety, security and efficiency of our borders." But the Cold Chain Federation, which represents chilled food traders, said it will hamper trade.
Photo: iStock.com/Tanaonte
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
Drug-Resistant Bacteria Tied to Products Imported from India
The FDA has long been criticized for lapses in inspections of overseas manufacturing in China and India, which are the two major producers of drugs and raw ingredients for medicines.
Photo: iStock.com/wildpixel
How Starlink's Innovative Mesh Network Principles Can Revolutionize the Logistics Industry
Mesh networks can handle fluctuations in supply and demand, optimize routes, and create transparency and accountability in the supply chain, increasing efficiency, reducing costs, and improving customer satisfaction.
Photo: iStock.com/KanawatTH
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