Supply Chain

SK Hynix, a global memory chip giant, has revealed plans to invest a substantial $3.87 billion in its first-ever chip packaging facility in the United States. This move is a significant win for the Biden administration’s efforts to restore chip production. What Happened: The South Korean...

When so much critical infrastructure is based in one place, the dangers of disruption to supply chains can run high. The market reaction to Taiwan’s powerful earthquake on Wednesday showed how companies in the semiconductor supply chain have been ready for this moment for years. The 7.4...

Coal prices have risen in the past couple of days since the Port of Baltimore was closed following the collapse of the Francis Scott Key Bridge, cutting off many of the port’s facilities. The price of a ton of U.S. coal rose by 0.6% on Thursday to $113.25. Meanwhile, the Range Global Coal ETF...

The American Institute of Economic Research has attributed the recent easing in inflation to the monetary policies of the Federal Reserve rather than improvements in supply chains. What Happened: The American Institute of Economic Research report suggests that the Federal Reserve’s monetary...

The real estate industry has experienced unprecedented growth over the last few years, but now we’re facing a correction and all signs indicate it’s going to be brutal.  This boom has been great for investors, but now the tides are turning. That doesn’t mean the opportunities...

Giving credit for a positive economic development is sometimes just as tricky as placing blame for something negative.  That's the case regarding an uptick in onshoring, which can be attributed to an unclogging of the supply chain mess that began during the pandemic, a resignation of trusting...

The U.S. is on the verge of facing significant challenges as negotiations between UPS workers and the parcel courier's management remain unresolved. If an agreement isn't reached, approximately 340,000 employees could go on strike next month, resulting in widespread consequences for the nation. The...

Key Takeaways: Shengfeng’s shares have risen sharply since their IPO, giving the company valuation ratios well ahead of its Chinese and global peers The company is the latest in a recent flurry of new listings by Chinese logistics providers, which may be attracting investors for their growth...

A well-known Apple (NASDAQ: AAPL) analyst is sizing up the opportunity for the tech company as it nears a market capitalization of $3 trillion. The Apple Analyst: Wedbush analyst Daniel Ives has an Outperform rating on Apple with a $220 price target. Related Link: Apple Q2 Earnings...

This story was first published on the Benzinga India Portal. In May, exports from India of Apple Inc's (NASDAQ: AAPL) iPhone hit a record INR 100 billion ($1.2 billion), pushing country’s the total smartphone exports to INR 120 billion ($1.46 billion). This growth in...

A low-demand environment due to a slowdown in the manufacturing sector is weighing on the Zacks Manufacturing – General Industrial industry. However, improving supply chains and reduced delivery lead times bode well for the industry's growth. Focus on inorganic activities to expand...

The number of truck drivers testing positive for marijuana use rose by 9.2% in the first quarter of 2023, with a significant portion of those who failed their tests not participating in the return-to-work program, according to data from the federal Drug & Alcohol Clearinghouse reported...

In a significant breakthrough for Argentina's cannabis industry, the main government agency for the development of science and technology, CONICET, has unveiled the first six proprietary varieties of medical cannabis, developed entirely with national resources. With private investments in...

Retail behemoth Walmart Inc (NYSE: WMT) made waves at its two-day 2023 Investment Community meeting. The Bentonville, Arkansas-based company outlined its growth strategy, including plans for a next-generation supply chain, which suggests a shift in the retail landscape that others in the industry...

COVID-19 brought to the fore the problems electric vehicle makers face when the supply chain is challenged. Tesla, Inc. (NASDAQ: TSLA) seemed to have removed the risk out of the equation as far as its battery supply is concerned. Tesla for the first time has access to all the...