General SCM | SupplyChainBrain

General SCM: Page 1118

Scotland Councils Club Together to Grow Local Supply Chains

Three councils in the North of Scotland say they hope by combining their procurement operations, they can incentivise key suppliers to invest in local supply chains. Aberdeen City Council, Aberdeenshire Council and Highland Council will be encouraging primary suppliers to increase their local footprint and help deliver social value.

South Korean Government to Fund Shipbuilding

South Korea's finance minister has announced the government plans to support orders of 250 or more vessels by 2020 to help local shipbuilders. The government plans to establish a state-backed ship financing company with an initial capital of 1 trillion won ($871.73m) to help improve the financial health of Korean shipping companies.

Canada and E.U. Sign Trade Deal, Bucking Resistance to Globalization

The European Union and Canada signed a far-reaching trade agreement this week that commits them to opening their markets to greater competition, after overcoming a last-minute political obstacle that reflected the growing skepticism toward globalization in much of the developed world.

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Lawmakers Criticize Vehicle Cybersecurity Guidelines From U.S. Transport Agency

Guidance from the National Highway Traffic Safety Administration for improving motor vehicle cybersecurity has attracted criticism from lawmakers who said that mandatory security standards are needed.

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Offshore Downturn Is Impacting Sea Time, Mariners Warn

The current downturn in the offshore industry has put offshore supply vessels into layup, operators into receivership and shipbuilders into a tailspin, industry professionals say. It has meant layoffs for thousands of mariners, but it's also having an impact on officers in a different way: a shortage of sea time.

Cross-Border E-Commerce Booms in China

Cross-border e-commerce is growing in popularity - particularly in China, according to a new report from market research company eMarketer. By 2020, a quarter of the Chinese population, amounting to more than half of all the nation's digital buyers, will be shopping either directly on foreign-based sites or through third parties such as Alibaba's Tmall Global and JD.com's JD Worldwide, the report says.

E Commerce 3 03

Investigation Finds Syrian Children Working in British Stores' Supply Chains

Syrian child refugees have been found working in Turkish factories supplying British clothing chains, according to an investigation by BBC programme Panorama. Journalists said they found children in factories that were part of the supply chains of Marks and Spencer (M&S) and online retailer Asos.

U.S. Industrial Production Rose in September, Federal Reserve Reports

U.S. industrial production rose slightly in September, improving on August's decline but still showing the effects of low energy prices and the strong dollar. Output increased 0.1 percent in September after falling a downwardly revised 0.5 percent the previous month, according to the Federal Reserve. The gain was in line with economists' expectations, according to Reuters.

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Evergreen Line Enhances Asia-Australia Network

In hopes of offering shippers a more comprehensive service on Asia-Australia trade, Evergreen Line has announced a new joint North East Asia-Australia Express (NEAX) service. The Taiwanese container transportation and shipping company is teaming up with Orient Overseas Container Line, Mitsui O.S.K. Lines, "K" Line and YangMing Marine Transport Corp.

Hanjin to Halt E.U. Routes, Operations This Month

Hanjin Shipping's European routes services have completely halted, the company said last week, and a Seoul court overseeing its receivership process has approved winding down four of its European units.

U.S. Producer Prices Rose More Than Expected in September, Economists Say

Prices paid by U.S. businesses for goods and services increased more than expected in September, economists said, amid other signs that inflationary pressures may be increasing. The Labor Department said its producer price index was up 0.3 percent on a seasonally adjusted basis compared with August. Economists surveyed by The Wall Street Journal had expected a 0.2 percent increase.

A Prescription for the Ills of Medical Supply Chains

Waste in the use of high-value medical devices amounts to some $5bn year. No wonder healthcare costs are soaring.

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