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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. . Part A: Manufacturing in the U.S.

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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

Schedules were quickly disrupted and capacity shifted to China – Europe and North America lanes to accommodate the longer voyages. These changes made ocean capacity (and empty containers) scarce, sending container rates out of India spiking. America and 67% to Europe as Red Sea disruptions pushed demand for air cargo.

Cargo 217
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Survey: Accelerating Reshoring Strategies Will Modernize America’s Manufacturing Industry

Supply Chain Brain

CEOs agree that there is enough manufacturing capacity in America to address the world’s supply chain concerns. Nearly two-thirds of U.S.

Survey 109
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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds. export regulations led to supply chain disruptions.

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September 6, 2023 Update

Freightos

America weekly prices increased 14% to $4.59/kg America weekly prices increased 2% to $1.70/kg. America rates have increased more than 25% since a month ago. Asia-Mediterranean prices (FBX13 Weekly) increased 1% to $2,338/FEU. Air rates – Freightos Air index China – N. kg China – N. Europe – N.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. Continued scarcity and overbuying have led to a perennial shortage. What Caused Can Supply-Demand Mismatch.

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Smart Manufacturing Trends to Expect in 2024

OptiProERP

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. It is helping them capture benefits across the entire manufacturing value chain. Examples of intelligent factories include on-demand manufacturing and virtual inventories.