It was supposed to be a victory party. Carmakers from across the globe had planned to celebrate their head-spinning boom in Mexico at the Automotive Logistics conference held in Mexico City last week. Then Donald Trump won the U.S. presidential election.
America's manufacturers testified before Congress last week and asked lawmakers to spend money to beef up infrastructure, which they said would reduce cost to consumers and improve the efficiencies of organizations and their supply chains.
Ordering a bottle of Corona beer at a bar in the United States is a simple proposition. But getting it there from its brewery in Mexico involves a complex, cross-border supply network that will likely get more complicated if U.S. president Donald Trump follows through on vows to renegotiate the North American Free Trade Agreement (NAFTA) or tax imports.
Auditing firms need to be held legally liable for incidents of worker abuse or health and safety failings that they fail to uncover, a human rights NGO has said.
With the new Administration less than two weeks old, U.S. trade policy is in a state of extreme uncertainty, if not chaos. So where do we go from here?
A sustainable supply chain will result in a lot fewer carbon emissions, reports CDP, which looked at 89 supply chain members that cut those heat-trapping emissions by 434 million tons in 2016.
The cost of producing electricity from wind farms off the coast of Britain has fallen 32 percent in the past four years, meeting a government target four years early, an industry report said.
When Trump administration appointee Wilbur Ross sat for a hearing on his commerce secretary nomination, one name kept coming up: Toyota. A senator from Vice President Mike Pence's home state asked to be reassured trade reforms wouldn't compromise Indiana jobs. Another from Mississippi said he was "tickled to death" Corollas are built in his state.
Automakers and parts manufacturers on both sides of the Canada-U.S. border are meeting state and provincial governments to co-ordinate a response to President Donald Trump as he pushes far-reaching changes to a trade deal that's crucial to the industry, the head of Canada's biggest autoparts maker said.