A big new distribution center in Pennsylvania for True Value Co. is just one part of an ambitious investment to optimize and overhaul the hardware wholesaler’s entire supply chain.
Years before last month's jaw-dropping $15.4bn writedown, the company had been on a mission to make over some of its quintessential products, removing maligned ingredients to better compete with newer, more natural upstarts.
Indonesia threatened to ban imports of goods from the European Union in retaliation for the bloc’s move to impose stricter limits on how palm oil can be used in green fuels.
The type of forensic techniques that detectives have long deployed to solve crimes can now be used to identify the origin of manufactured goods in the supply chain.
After months of contract negotiations between United Parcel Service and the International Brotherhood of Teamsters, the union’s chief negotiator announced that the union had reached a tentative agreement.
Under the temporary regime announced Wednesday, the U.K. would avoid slapping tariffs on most imported goods, though prices of key European Union products including beef, cheese and cars would rise.