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Global Trade & Economics: Page 194

Honda Follows Apple Model on EVs, Working Directly with Suppliers

The automaker's new supply chain structure will work directly with parts suppliers on development and production in order to control quality and bring down costs.

Photo: iStock.com/lcva2

Mercedes-Benz CEO Says Cutting Ties with China is 'Unrealistic'

China and Chinese companies play a vital role in Mercedes-Benz’s business, and Källenius expects more business to come out of China in 2023.

Berlin, Germany. August 29, 2018. Photo: iStock.com/franz12

Chinese Truck Maker to Boost Mexico Presence With Eye on U.S. Market

Mexico is increasingly attracting companies’ investment and attention as firms relocate factories to get closer to U.S. consumers and avoid the difficulties caused by lengthy supply chains.

Photo: iStock / natatravel

Toyota Vehicle Output Hits Record as Supply Chains Untangle

Toyota produced a record 10.7 million cars for the 12 months period that ended March 31 thanks to increased capacity and production optimization.

Photo: Bloomberg

Oil Tanker Seized by Iran Had Indian Crew, Says Operator

U.S. officials believe the seizure was a retaliation against a decision by the Department of Justice to force a tanker headed to China with Iranian oil to redirect to America

Photo: Bloomberg

Five California Ports Sign Memorandum of Understanding for Data Partnership

Under the agreement, the five Californian ports will use computerized and cloud-based data to improve freight system resilience, goods movement efficiency, emissions reduction and economic competitiveness.

Photo: iStock.com/MattGush

U.S. Demands Iran Release Oil Tanker Seized in Gulf of Oman

Iran’s state-run IRNA news agency reported that a Marshall Islands-flagged tanker collided with an Iranian vessel in the Persian Gulf, prompting Iran’s navy to seize the vessel in Gulf of Oman.

Photo: Bloomberg

Virginia Governor Visits Asia to Forge “Trusted Supply Chain Relationships”

Virginia Governor Glenn Youngkin hopes to form supply chain relationships with "friends" of the U.S. so that his state won't have to rely on Chinese suppliers.

A handshake is taking place between two people with the flags of the United States and Japan in the background. Photo: iStock.com/Zerbor

American Airlines Sees Upbeat Profit Forecast as Global Demand Grows

American’s sales growth this year has trailed its biggest competitors, in part because of a pilot shortage at its regional airline partners and delays in deliveries.

Photo: American Airlines

Ten Years After Rana Plaza Collapse, the Risk of a Similar Disaster Persists

Ten years on from the Rana Plaza factory collapse, governmental bodies around the globe are taking on more responsibility for worker safety and corporate due diligence. But it's not enough.

Photo: iStock.com/triloks

Airbus, Safran Warn Supply Chain Snarls Will Drag Into 2024

The component shortages have forced Airbus to slow an ambitious output increase for the cash-cow A320. Sanctions tied to Russia’s invasion of Ukraine have also made it harder for Airbus and Boeing, too.

Photo: Bloomberg

South Korea Reinstates Japan on List of Countries That Receive Preferential Trade Treatment

The country’s capital plans on further restricting technological and industrial exports to Russia and Belarus as a show of support for the United States' pressure campaign against Moscow.

Photo: iStock.com/Kagenmi

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