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Feature Stories: Page 24
U.S. Renews Iran Strikes as Both Sides Dispute Hormuz Status
Over the weekend, Iran said the Hormuz strait would now be closed “until further notice.” U.S. Central Command disputed that, saying that waterway was still open to all vessels.
VW to Halve Number of Models Due to Competition from China
The global shift away from fossil fuel cars and toward electric vehicles, which has threatened many established carmakers.
DHL Group Delivers Disaster Relief to Venezuela
Three DHL humanitarian flights have transported more than 100 tons of relief supplies to support communities affected by the devastating earthquakes in Venezuela.
Boeing Unveils New 737 Line as Industry Drives to Boost Output
Airbus has struggled with supply chain constraints while it works to ramp up output of its A321neo model.
Airbus Employees in Spain Go on Strike Over Working Conditions
Employees said the walkout is delaying projects at the facility because aircraft inspections, engineering checks, and other work required to complete deliveries can't be carried out.
U.S. Supply Chain Activity Highest Since 2022
The expansion in supply chain activity seen in June was attributed to raised inventory levels among downstream retailers and larger firms.
Podcast | How AI Is Reshaping Procurement: Hype or Reality?
A 170-year-old manufacturer is on the cutting edge of AI.
Micron to Invest $250B in U.S. Chip Manufacturing
The company also has a goal to produce 40% of its DRAM chips in the U.S., and in a separate announcement, pledged $3 billion to boost the U.S. semiconductor supply chain.
U.S. Trade Deficit Rises to $77.6B in May
U.S. goods and services imports increased by 3.3% month-to-month, with the country bringing in more pharmaceuticals, smartphones, cars and equipment for data centers.
EU to Favor European Providers in Public Service Contracts
The commission is especially worried about the dependencies European operators continue to have on Chinese suppliers, particularly in the field of chips and rare earth minerals.
Record-High U.S. Fuel Exports Are Straining Domestic Stockpiles
Stockpiles of diesel and other fuels have dwindled to the lowest seasonal levels in years, which may test the U.S.’s capacity to continue being supplier of last resort.
U.S. Defense Agency Seeks to Buy Up to $300 Million of Lithium
The U.S. Army recently struck deals with several companies to build processing plants for critical minerals on military bases around the country.
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