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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

The Logistics Managers Index ReportĀ® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reported an April 2023 value of 50.9,

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U.S. Announces TSMC Incentives for U.S. Based Semiconductor Production

Supply Chain Matters

According to multiple reports, TSMC now has plans to invest upward of $65 billion into the design, construction and operation of three semiconductor fab facilities in Phoenix, Arizona. The first had been delayed with skills shortages and construction setbacks , and is now reportedly scheduled for volume production in the first half of 2025.

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Boeing Lands Significant 787 Dreamliner Aircraft Deal

Supply Chain Matters

The new international air carrier is to be named Riyadh Air, which is reportedly procuring 39 Boeing 787-9 aircraft, with an option for 33 more. This procurement further includes the aircraft being powered by General Electric engines, which is another boost to GEā€™s order backlog.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. 75% of procurement managers and Managing Directors from the EU and UK believe passing on increased raw material costs to customers is appropriate. IDC via IEEE Spectrum). Wall Street Journal ).