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Global Trade Management: Page 14

ERG Signs Deal to Sell Cobalt to American Battery Material Manufacturer

ERG will sell 3,000 metric tons of contained cobalt metal to EVelution annually, which will be used to build an Arizona-based low-carbon cobalt sulfate plant starting in 2024.

Roros, Norway. Photo: iStock.com/Dmitry_Chulov

BMW CFO Says EU’s EV Subsidy Probe Could Hurt Auto Makers

The EU launched an anti-subsidies probe into Chinese EV manufacturers, setting in motion a 12-month investigation that could see provisional duties and tariffs imposed over the next nine months.

U.S. to Participate in Upcoming IPEF Negotiating Round

IPEF partners will work towards negotiating the outcomes of Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) of the trade framework.

Photo: iStock.com/leekris

Aurubis to Keep European Copper Premium at Record High Next Year

The company said it has told customers it will keep the surcharge at $228 a ton ahead of the start of annual supply negotiations in London.

Photo: iStock.com/SAND555

WTO Cuts 2023 Forecast for Growth in Trade in Goods by Half

The WTO said October 5 that merchandise trade volumes would grow by just 0.8% in 2023, less than half of the 1.7% estimate that came in April.

Image: iStock.com/thitivong

Updates Made to International Trade Administration’s Semiconductor Alert System

Information submitted to the system on new or ongoing supply chain disruptions can be used to better coordinate government resources, reducing backlogs and delays.

Photo: iStock.com/Mykola Pokhodzhay

EU Formally Opens Subsidies Probe into EVs Made in China

The probe will focus on new battery-powered electric vehicles (BEVs) and alleged subsidies granted by the Chinese state, a legal notice in the EU’s official journal confirmed October 4.

Munich Motor Show. Munich, Germany. September 6, 2023. Photo: Bloomberg

Russia, Saudi Arabia Extend 1.3M Barrel/Day Oil Cuts to the End of 2023

The reductions are part of previously announced voluntary cuts led by Russia and Saudi Arabia totaling 1.7 million barrels per day.

Photo: iStock.com/tifonimages

Russia Expects 2023 Trade Volumes with China to Exceed $200B

Trade between China and Russia grew substantially during the first seven months of 2023 to $134.1 billion, a 26.5% increase compared to 2022.

Photo: iStock.com/btgbtg

Germany Pauses EV Charging Subsidy Program

The program, which was given a $317 million budget by the transportation ministry for 2023, received almost 33,000 applications in the 24 hours after it was launched.

Photo: Hyundai

Amidst Another Disappointing Peak Season, Manufacturers Increasingly Look to Data

Manufacturers can't prepare for everything, but they can prepare to be more agile when the inevitable disruptions occur.

Photo: iStock.com/NicoElNino

The Supply Chain Has a New Paradigm

Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.

Photo: iStock.com/vitacopS

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Photo: iStock/Anastasiia Yanishevska

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