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Think Tank
Logistics: Page 216
TSMC Postpones Starting Production at Its Arizona Factory
The organization said that it will not be able to begin manufacturing chips in 2024, as originally planned, due to a skilled worker shortage.
India Bans Some Non-Basmati Rice Exports to Control Prices
The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.
Tesla Looking to Make Its German Plant Europe’s Biggest Car Factory
If Germany approves the expansion plans, Tesla’s gigafactory will be able to increase its battery storage capacity to 100 gigawatt hours per year from 50 gigawatt hours currently.
Contract Negotiations Set to Resume Between UPS and Teamsters Next Week
UPS said that it is pleased to be continuing contract negotiations and that it's prepared to meet some of the union’s demands for better pay and more benefits.
Wheat Prices Continue to Rise Following Russia's Threats on Ukraine-Bound Ships
Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%.
ILWU Canada Calls Off Strike Hours After Issuing Notice
The British Columbia Maritime Employers Association said the actions by both sides show that the negotiations remain unpredictable.
Egypt Plans to Resume LNG Exports this Fall, Minister Says
The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.
Over 60% of Logistics Companies Are Investing in Supply Chain Management Systems
Almost all logistics organizations will either increase or maintain their current levels of investment in new IT systems and technologies over the next 12 months.
Streamlining the Bill of Lading With AI
Logistics companies are increasingly turning to software providers to innovate and create a digital experience in bill of lading management.
How Technology Is Combating the Trucker Shortage
Millions of Americans have grown accustomed to next-day and same-day delivery of their goods. But that level of service might not be sustainable for much longer.
Teamsters Union Threatening Strike Against Yellow Corp.
The union said that a board overseeing the Teamsters' pension and welfare funds will suspend benefits starting July 23 unless Yellow Corp. makes the payments it missed July 15.
Five European Countries Agree to Extend Ukrainian Grain Ban
Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.
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