COVID Pandemic Wiped 24.6M TEUs Off Container Market Growth April 17, 2024 SupplyChainBrain Without the pandemic, the global container market would have been 198.1 million TEUs in 2023. Instead, it was only 171.0 million TEUs, BIMCO said.Read More
Nissan Looks to Tesla’s Style of Carmaking to Build Cheaper EVs April 17, 2024 Bloomberg The carmaker will use machines with about 6,000 tons of force to make the rear floors of EVs to be sold from fiscal 2027 onward.Read More
U.S. Treasury Secretary Warns Iran of 'Economic Spillover' After Missile Attack April 17, 2024 SupplyChainBrain Secretary Yellen said she expects "additional sanctions" against Iran sometime in the coming days.Read More
Number of Boeing Workers Reporting Safety Concerns Skyrockets in 2024 April 16, 2024 SupplyChainBrain Boeing vice president Lisa Fahl says that the number of workers using the company's service to report safety concerns has risen by 500%.Read More
Samsung to Get $6.5B in Federal Funds to Build Semiconductor Plants in Texas April 16, 2024 SupplyChainBrain Samsung will get $6.5 billion in federal funds, while the company will invest $40 billion of its own into the project.Read More
American Air Pilots Cite ‘Significant’ Jump in Safety Issues April 16, 2024 Bloomberg The union message underscores the heightened scrutiny on airline safety following a January incident in which a panel blew off the side of an Alaska Airlines plane mid-flight. Read More
Bridge Disaster in Baltimore Gets FBI Criminal Investigation April 16, 2024 Bloomberg FBI agents early April 15 boarded the Singapore-flagged container ship, which remains disabled on the Patapsco River. Read More
Apple No Longer World’s Biggest Phone Seller April 15, 2024 SupplyChainBrain U.S. giant, hurt by slowing sales in China, loses out to Samsung as China sales drop.Read More
Iran-Israel Conflict Forces Airlines to Choose Longer Routes April 15, 2024 Bloomberg Iran’s airspace is frequently utilized by airlines traveling between Europe and India or Southeast Asia. Read More
U.S. Plans Chips, Nickel Deals in Philippines as Defense Ties Grow April 15, 2024 Bloomberg The Philippines is bolstering economic ties with the U.S. at a time when their relations with China have been strained.Read More