SupplyChainBrainMore from SupplyChainBrainGlobal GatewaysSouth Korea Pledging More Financial, R&D Support for ShipbuildingAs part of the country’s three-pronged plan, the amount of government support issued for ship construction will increase from $91 million to $300 million.September 5, 2023Business Strategy AlignmentU.S. Offering $12B to Automakers and Suppliers for Advanced VehiclesAbout $2 billion in grants for advanced vehicles will come from the Inflation Reduction Act while another $10 billion will be provided by the Energy Department’s Loans Program Office.September 5, 2023Sales & Operations PlanningHyundai and LG Planning to Spend an Additional $2B on Georgia Battery PlantThe two companies will spend a total of $7.59 billion on the plant and create 8,500 new jobs in Bryan County, Georgia.September 1, 2023Business Strategy AlignmentUnfair Labor Practice Charges Filed Against GM and Stellantis by UAWThe charges claim that both companies refused to bargain in good faith over wages and benefits during contract negotiations held over the last six months.September 1, 2023Air CargoFedEx Raising Customs Fees and Shipping RatesFedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.September 1, 2023Transportation & DistributionU.S. Now Restricting Nvidia A.I. Chip Exports to the Middle EastNvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.August 31, 2023Ocean TransportationHapag-Lloyd Left Out of Second Round of Bidding for HMMHapag-Lloyd, the only foreign company involved in HMM's bidding, was ruled out of the privatization process by creditor banks Korea Development Bank and Korea Ocean Business Co.August 31, 2023Ocean TransportationHD KSOE Delivers LNG Tanker with an AI EngineerThe AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.August 31, 2023Business Strategy AlignmentAustralia Launches Review of National Freight and Supply Chain StrategyThe review, which was originally scheduled for 2024, will take place this year to ensure strong and resilient Australian supply chains.August 30, 2023Ocean TransportationMSC Signs Second Vessel-Sharing Agreement with ZIMThe agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.August 30, 2023Previous PagePage 257 of 588Next Page