EU finalizes €43 Billion European Chips Act The European Union (EU) has finalized a €43 billion bid to increase domestic semiconductor production, in the wake of prolonged and ongoing disruption…
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IBM and Canada to Unveil Chips Pact Canada and International Business Machines (IBM), look to seal an agreement to strengthen semiconductor cooperation on today. This will take place during US…
Amazon to streamline operations after unprofitable year After reporting a $2.7 billion loss in 2022, Amazon is now focusing on streamlining operations in an attempt to recover and boost productivity.…
Amazon & UPS submit patent for drone delivery integration Both Amazon and UPS have recently submitted patents on how to integrate autonomous vehicles (AVs) into their supply chain operations. More…
In 2022 Walmart made over 6,000 drone deliveries Walmart announced they completed more than 6,000 drone deliveries in 2022. Due to their rapid supply chain diversification 2022 saw Walmart equip…
Amazon Sued by Supplier for Breach of Agreement Gilimex Inc a Vietnamese warehouse equipment manufacturer is suing Amazon for $280 million, claiming that the e-commerce giant backed away from agreements…
Supply chain issues have negatively affected companies worldwide since early 2020. The COVID-19 pandemic brought restrictions and changed policies for businesses, leading to shortages in supplies and workers. It’s been…
Apple consider transfer of iPhone production to India or Vietnam after protests in China Apple are reportedly considering moving the means of production of the iPhone amid the workers’ continued…
Ukraine says Grain Deal will be Extended Following a United Nations brokered deal, to allow exports of Ukrainian grain from the Black Sea, is set to be extended by a…
Amazon set to utilize fleet of over 1,000 Rivian EDVs to supplement the Christmas peak As part of Amazon’s commitment to The Climate Pledge, which was co-founded by them in…
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