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

ToolsGroup

Taiwan Semiconductor Manufacturing (TSMC), the company that makes the majority of latest-generation chips for Apple products, has committed to increasing capacity by spending $100 billion across the next three years, and building new factories in Arizona and Japan. IATA data shows global demand for air cargo markets jumped 3.7%

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

The 15 member RCEP countries comprise the 10 nations of Southeast Asia; China, Korea, Japan in north Asia; and from down under, Australia and New Zealand. Key FTA Elements. As a free trade agreement, several aspects of RCEP aim to facilitate the flow of goods between RCEP Participating Countries (RPCs).

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This Week in Logistics News (July 2 – 8)

Logistics Viewpoints

Nintendo is struggling to break out of a frustrating sales slowdown, selling 33 percent fewer units of Switch game systems in the April-June quarter than a year ago in Japan due to a crippled supply chain. Nintendo is having negotiations on procurement, but the outlook is uncertain.