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Deutsche Post Taps Ford for Electric Vehicle Help
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2017
Deutsche Post DHL Group signed a deal with Ford to make the Dearborn, Michigan-based automaker a components supplier for the German logistics group’s electric minivan, according to Reuters.......Read More
Takata Preparing to File for Bankruptcy in Preparation for Sale
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2017
Takata is planning to file for bankruptcy protection in both Japan and the United States to address billions of dollars in recall liabilities as it prepares to sell its business to rival Key Safety Systems. The Japan-based parts supplier hopes to have the filings completed prior to its annual shareholder meeting on June 27, The New York Times reports.......Read More
Qatar Seeks New Air and Sea Routes
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2017
In the wake of political turmoil that has cut off Qatar from the rest of the Middle East, including blocking its only land border, transportation companies are looking for new air and sea routes to keep people and products moving, according to The Wall Street Journal. ......Read More
Amazon to Buy Whole Foods Market
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2017
Amazon is aiming to fill the grocery gap in its business with the acquisition of Whole Foods Market. The Seattle-based e-commerce giant announced on Friday that it would purchase the natural foods retailer for $13.7 billion, The Wall Street Journal reports.......Read More
Japanese Shippers Take Another Step toward Joint Venture
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2017
Japanese shipping companies "K" Line, MOL and NYK Line announced a new joint venture under the name Ocean Network Express (ONE). The newly named shipping liner company, which is scheduled to begin operations in April 2018, merges the container-shipping divisions of the three major carriers, according to JOC.......Read More
Wal-Mart Uses Store Staff as Delivery Personnel
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2017
Wal-Mart Stores is testing a new delivery model that uses store personnel as delivery drivers for orders placed through Walmart.com and Jet.com. As the largest private employer in the United States, the discount retail giant is attempting to leverage its brick-and-mortar stores staff to compete with Amazon on fast, convenient last-mile delivery, The Wall Street Journal reports.......Read More
Parts Shortage Slows International BMW Production
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2017
At the end of May, BMW extended production slowdowns from some of its German production sites to locations in China and South Africa. A shortage of steering parts from Robert Bosch is affecting production of several of the German automaker’s compact and midsize models, according to Bloomberg.......Read More
TMMA Reports Rise in Textile Machinery Exports
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2017
The Textile Machinery Manufacturers’ Association (TMMA) of India reports that exports of textile machinery have steadily increased in the past five years. From 2012 to 2015, exports of spinning and processing machines increased nearly 62 percent to 2,466 crore rupees (nearly $383 million), and private numbers highlight even more growth between 2015 and 2016, The Hindu reports.......Read More
Amazon Invests in the Furniture Market
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2017
Although Amazon has been selling furniture through its website, the e-commerce giant is investing more resources into growing its business in the segment, The Wall Street Journal reports. ......Read More
Software Flaw Prompts Fiat Chrysler Recall
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2017
Fiat Chrysler Automobiles announced a recall of 1.2 million Ram pickup trucks on Friday to address a serious software issue. The faulty software has been found to disable airbags and seatbelt tension devices, The New York Times reports. ......Read More
China’s First Passenger Jet Completes Maiden Flight
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2017
China’s C919 passenger jet completed its maiden flight on Friday after taking off from Shanghai Pudong International Airport. The five-person crew traveled aboard the country’s first domestically designed and built large airliner for one hour and 19 minutes, according to CNN Money. ......Read More
Weekend Cyberattack Affects Supply Chains Worldwide
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2017
A ransomware cyberattack quickly spread around the world last weekend and affected businesses, hospitals and government agencies in more than 150 countries by Monday morning. Cybersecurity experts still are hunting for the perpetrator and assessing the damage, but so far Chinese officials are estimating that approximately 1 million individual terminals have been hit worldwide, The Wall Street Journal reports.......Read More
Piracy Spikes off the Coast of Somalia
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2017
U.S. military officials reported that incidents of piracy off the coast of Somalia recently spiked. After five years of a negligible amount of pirate attacks, five or six incidents have been reported in the past two months, according to The Washington Post. ......Read More
JD.com to Launch Logistics Group
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2017
JD.com leaders announced that the Asian e-commerce company launched a logistics subsidiary, JD Logistics, to offer supply chain and logistics solutions to its customers. Such services will help JD.com differentiate itself from competitors, including Alibaba, that rely on third-party logistics businesses, TechCrunch reports. ......Read More
Apple Pledges to Use Only Renewable, Recycled Materials
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2017
In its 2017 “Environmental Responsibility Report,” Apple pledged to end its reliance on mining and one day make all of its products only from renewable resources or recyled materials. These efforts to build a greener enterprise counter some of the criticism the electronics industry has received from campaigners and analysts who argue that supply chains could be more responsible, CNBC reports. ......Read More
620 Data Breaches Hit Manufacturing Sector in 2016
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2017
Verizon’s “2017 Data Breach Investigations Report” uncovered 620 data breaches within the manufacturing industry last year. In these attacks, hackers were not necessarily interested in money but information, which can be invaluable, according to Cyberscoop. ......Read More
Iceberg Swarm Blocks North Atlantic Shipping Lanes
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2017
More than 450 icebergs have drifted into North Atlantic shipping lanes, creating a large obstacle that forces captains to slow their vessels’ speeds or take detours that add as many as 400 miles to their journeys, according to the Associated Press.......Read More
Adidas to Mass-Produce 3D-Printed Shoes
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2017
Adidas announced that its partnership with Silicon Valley start-up Carbon will enable it to make 3D-printed shoes at a speed and price suitable for mass production. The technology will enable the German sportswear company to react more quickly to changing fashions and create more customized products, according to Reuters. ......Read More
First U.K.-China Rail Service Trip Underway
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2017
On April 10, the first rail service from the United Kingdom to China left Essex, England, on a 7,500-mile journey to eastern China, BBC News reports. The journey comes three months after a train made the reverse trip along the route, traveling from China to the United Kingdom.......Read More
E-Commerce Boom Creates More Jobs with Better Benefits
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2017
The e-commerce boom has resulted in warehouse openings at a record pace. However, e-tailers are having difficulty finding enough employees to meet their production needs in these new warehouses, according to The Wall Street Journal. To help fill the gaps, e-commerce fulfillment groups are raising wages and adding more flexible employment opportunities. ......Read More

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