Logistics | SupplyChainBrain

Logistics: Page 183

Samsung Delays Production at New U.S. Factory to 2025, Daily Says

Mass production at the upcoming $17 billion fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung’s foundry business.

Photo: SeongJoon Cho/Bloomberg

Toyota Subsidiary Shuts Down Factories for Safety Test Investigation

The shutdown comes about a week after Daihatsu said it was suspending all vehicle shipments after it was found that the organization used improper testing for 64 vehicle models.

Photo: iStock.com/Muhammad Labib Adilah

Israel Giving Intel $3.2B Grant to Build New Chip Plant

Construction has already begun at the Fab 38 plant, which is due to open in 2028 and operate through 2035.

Santa Clara, California. March 2018. Photo: iStock.com/JHVEPhoto

Tesla Acquires Land in Shanghai to Build Megapack Battery Plant

The company paid $31.13 million for use rights to a 48.7-acre plot near an existing Tesla plant that currently produces Model 3 and Model Y vehicles.

A Tesla Inc. showroom in Shanghai, China, on Sunday, Oct. 16, 2022. Photo: Qilai Shen/Bloomberg

Capital Product Partners Finalizes $3B Acquisition of 11 LNG Vessels

Capital Product Partners entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, 2023 to acquire 11 LNG vessels from Capital Maritime.

Photo: iStock.com/Автор

Gebrüder Weiss Opens Third Australian Location

The company said that it is planning to open additional locations in northern and western Australia in order to provide “blanket coverage” for the entire continent.

Brisbane, Australia. Photo: iStock.com/f11photo

ArcelorMittal Signs $2.7B Natural Gas Supply Deal with Mexico’s CFE

ArcelorMittal said that the contract would provide its operations in Lazaro Cardenas in the state of Michoacan with gas from Waha, Texas.

Saint-Denis, France. Photo: iStock.com/HJBC

DTN Aims to Improve Safety and Efficiency with Optimal Speed Routing

DTN said the feature will allow ship owners and charterers to better plan for and adapt to potential voyage disruptions that can affect a company’s performance, bottom line or emissions.

Photo: iStock.com/SHansche

Red Sea Crisis Disrupts Ikea, Abercrombie & Fitch Shipments

Ikea said it’s looking for other options to secure the availability of its products, many of which normally pass through the Red Sea and the Suez Canal.

Photo: iStock.com/Berezko

Ocean Shipping Gears up to Meet Low Carbon Fuel Target

The International Maritime Organization’s goal is that near-zero greenhouse gas emission fuels shall represent at least 5% of the energy used by shipping in 2030, while striving to hit 10%.

Photo: iStock / audioundwerbung

Orsted to Go Ahead with Building Giant U.K. Offshore Wind Farm

The final investment decision on the 2.9-gigawatt project shows that the offshore wind industry is picking back up after a crisis year.

Photo: iStock.com/vice_and_virtue

U.S. Chipmaker to Sell Chinese Factories to Local Company

North Carolina-based Qorvo said that it had signed an agreement to sell its circuit assembly operations in Beijing and Dezhou to the iPhone assembler Luxshare Precision Industry.

San Jose, California. Photo: iStock.com/Sundry Photography

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