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Eli Lilly Announces Plans to Build $2.5B Plant in Germany

The announcement comes just one day after sources said that Eli Lilly was planning to build the facility for $2.17 billion.

What’s Hindering Efforts to Fight Global Food Fraud?

Considering the huge cost of food fraud in global supply chains, it might come as a shock to consumers to learn how weak are the current efforts to put a stop to it.

Photo: iStock.com/bit245

U.S. Signs Nuclear Cooperation Pact with the Philippines

The agreement was signed by the Philippines’ energy secretary and U.S. Secretary of State Antony Blinken November 16 in San Francisco, California.

Photo: iStock / Artush

Stellantis Workers Vote to Ratify New Labor Deal

The approval locks in the UAW’s deal with Stellantis through April 2028 and includes a 25% wage hike over the life of the contract.

Kokomo, Indiana. Photo: iStock.com/jetcityimage

Melrose Says Engine Snags Threaten Airbus, Boeing Delivery Goals

Peter Dilnot, who takes over as Melrose’s chief executive officer in March 2024, said that while the supply hitches are boosting after-market demand, they’re limiting planemakers’ ability to build jets.

Eli Lilly to Build $2.1B Factory in Germany

Sources that spoke to Reuters said the project would create over 1,000 jobs when including sub-contractors as well as suppliers in the region.

Indianapolis, Indiana. Photo: iStock.com/jetcityimage

Podcast | Autonomous Trucks Are Coming. Really.

Driverless trucks might be zipping down the roads sooner than you think.

Photo: iStock.com/Scharfsinn86

UAW Members Approve Deal with Mack Trucks

Mack Trucks said that the new contract will increase the average wages of UAW members by 36% over the life of the contract.

Detroit, Michigan. Photo: iStock.com/TennesseePhotographer

October Marked Seventh Straight Month of Increased Spare Capacity

The survey showed that the extent to which supplier capacity went underutilized was higher in October 2023 than it was in September and August.

Photo: iStock / anyaberkut

Robots to Outnumber People at UPS’s Massive New Warehouse

The package-handling giant plans to fill the $79 million facility with more than 3,000 robots by 2024 to handle tasks like lifting, reducing the need for manual labor.

Vejle, Denmark. Photo: iStock.com/ricochet64

Retailers Left with Excess Inventory Ahead of Holiday Season, Analysts Say

Two-thirds of the 30 retailers analyzed had inventory turnover rates below their peers, which indicates excess stock and/or slow sales.

Photo: iStock.com/Sundry Photography

Russian Roulette: The High-Stakes Game of U.S. and EU Sanctions on Russia

While economic sanctions aim to pressure targeted countries, it's critical to scrutinize their reciprocal impact on the enforcing countries' economies.

Photo: iStock.com/Ruma Aktar

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site