The Institute for Supply Management said its purchasing managers’ index rose from a three-year low of 46.3% in March 2023 to 47.1% in April 2023.

The automaker's new supply chain structure will work directly with parts suppliers on development and production in order to control quality and bring down costs.

China and Chinese companies play a vital role in Mercedes-Benz’s business, and Källenius expects more business to come out of China in 2023.

Mexico is increasingly attracting companies’ investment and attention as firms relocate factories to get closer to U.S. consumers and avoid the difficulties caused by lengthy supply chains. 

Toyota produced a record 10.7 million cars for the 12 months period that ended March 31 thanks to increased capacity and production optimization.

U.S. officials believe the seizure was a retaliation against a decision by the Department of Justice to force a tanker headed to China with Iranian oil to redirect to America

Under the agreement, the five Californian ports will use computerized and cloud-based data to improve freight system resilience, goods movement efficiency, emissions reduction and economic competitiveness.

Iran’s state-run IRNA news agency reported that a Marshall Islands-flagged tanker collided with an Iranian vessel in the Persian Gulf, prompting Iran’s navy to seize the vessel in Gulf of Oman.

Virginia Governor Glenn Youngkin hopes to form supply chain relationships with "friends" of the U.S. so that his state won't have to rely on Chinese suppliers.

American’s sales growth this year has trailed its biggest competitors, in part because of a pilot shortage at its regional airline partners and delays in deliveries.