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Supply

Lennar profit beats as tight home supply boosts construction demand

September 14, 2023September 14, 2023
Lennar profit beats as tight home supply boosts construction demand - photo licensed by shore news network.

(Reuters) -Homebuilder Lennar on Thursday reported third-quarter profit above Wall Street targets as historically low home inventories in the market supported demand for new constructions …

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CBP initiates interoperability standards test to improve supply chain transparency

September 13, 2023
Cbp initiates interoperability standards test to improve supply chain transparency - photo licensed by shore news network.

WASHINGTON—U.S. Customs and Border Protection announced today the completion of its first interoperability test. The test seeks to establish global standards to foster transparency and a …

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Pentagon Paid A Once-Indicted Arms Dealer $1B To Supply Ammo To Ukrainians

September 10, 2023

Pentagon Paid A Once-Indicted Arms Dealer $1B To Supply Ammo To Ukrainians Nick Pope on September 9, 2023 The Department of Defense (DOD) has paid …

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Chinese rare earth prices hit 20-month high on Myanmar supply worry

September 7, 2023
Chinese rare earth prices hit 20-month high on myanmar supply worry - photo licensed by shore news network.

BEIJING/HANOI (Reuters) -Chinese rare earth prices jumped to their highest in 20 months, as mining suspension in major producer Myanmar sparked stockpiling ahead of the …

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IDB wants more U.S. firms to bid on and supply its Latin American development projects

September 6, 2023

WASHINGTON (Reuters) – The Inter-American Development Bank (IDB) on Wednesday launched an initiative to remedy a relative lack of U.S. companies bidding on the $13 …

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Qualcomm to supply BMW and Mercedes with chips for displays, voice features

September 5, 2023September 5, 2023
Qualcomm to supply bmw and mercedes with chips for displays, voice features - photo licensed by shore news network.

By Stephen Nellis SAN FRANCISCO/MUNICH (Reuters) – U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury …

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Sudan’s army launches strikes to cut off paramilitary’s supply routes

September 3, 2023

(Reuters) – The Sudanese army staged a large scale attack on its paramilitary rival’s supply routes on Sunday, eyewitnesses said, as its leader appeared to …

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Short U.S. housing correction likely over; tight supply to keep prices high: Reuters poll

August 30, 2023
Short u. S. Housing correction likely over; tight supply to keep prices high: reuters poll - photo licensed by shore news network.

By Prerana Bhat BENGALURU (Reuters) – A short U.S. housing market correction is now over, according to property analysts polled by Reuters who have wiped …

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PACT Units Complete School Supply Drive for International Students

August 30, 2023
Pact units complete school supply drive for international students - photo licensed by shore news network.

ANNE ARUNDEL, MARYLAND – The PACT Units of the Anne Arundel County Police Department have successfully concluded their school supply drive. The collected backpacks and …

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Indonesian nickel smelters turn to Philippines for ore as local supply tightens

August 30, 2023
Indonesian nickel smelters turn to philippines for ore as local supply tightens - photo licensed by shore news network.

By Mai Nguyen and Siyi Liu (Reuters) – Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease …

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New Zealand house prices to rise again on supply shortage, rate cut hopes: Reuters poll

August 29, 2023
New zealand house prices to rise again on supply shortage, rate cut hopes: reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – New Zealand house prices are forecast to rise again next year due to an ongoing supply shortage and expectations …

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Brick Township Police Department Hosts Backpack and School Supply Drive

August 25, 2023
Brick township police department hosts backpack and school supply drive - photo licensed by shore news network.

Brick Township, NJ – The Brick Township Police Department, in partnership with the Police Benevolent Association (PBA) Local #230, is sponsoring a backpack and school …

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Large US homebuilders raise prices as existing home supply remains tight

August 25, 2023
Large us homebuilders raise prices as existing home supply remains tight - photo licensed by shore news network.

By Ananta Agarwal (Reuters) – Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes …

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US auto sales to rise in August on increased vehicle supply, strong demand

August 24, 2023August 24, 2023
Us auto sales to rise in august on increased vehicle supply, strong demand - photo licensed by shore news network.

(Reuters) – New vehicle sales in the United States are expected to rise in August, helped by improved supply and strong demand for personal transport, …

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Volkswagen strikes direct supply deals for chips to avoid global shortage

August 23, 2023August 23, 2023
Volkswagen strikes direct supply deals for chips to avoid global shortage - photo licensed by shore news network.

BERLIN (Reuters) – Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, …

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Palm oil demand boosted as rival oil prices jump on supply woes

August 10, 2023August 10, 2023
Palm oil demand boosted as rival oil prices jump on supply woes - photo licensed by shore news network.

By Rajendra Jadhav MUMBAI (Reuters) -Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent …

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Boeing deliveries fall in July amid 737 supply chain hurdles

August 8, 2023August 8, 2023
Boeing deliveries fall in july amid 737 supply chain hurdles - photo licensed by shore news network.

(Reuters) – Boeing delivered fewer airplanes in July than its European rival Airbus, as the U.S. planemaker continued to work through logistics and supply chain …

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Fisker unveils electric pickup truck even as supply chain bottleneck lingers

August 3, 2023
Fisker unveils electric pickup truck even as supply chain bottleneck lingers - photo licensed by shore news network.

By Lisa Baertlein and Abhirup Roy HUNTINGTON BEACH, California (Reuters) – Electric vehicle (EV) maker Fisker Inc unveiled a pickup truck on Thursday, weeks after …

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Italy plans $2.2 billion fund to support key supply chains

August 2, 2023August 2, 2023
Italy plans $2. 2 billion fund to support key supply chains - photo licensed by shore news network.

By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy plans to set up a fund with at least 2 billion euros ($2.2 billion) at …

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UK battery startup Nexeon to supply Panasonic with advanced material

July 24, 2023July 24, 2023
Uk battery startup nexeon to supply panasonic with advanced material - photo licensed by shore news network.

By Paul Lienert (Reuters) – UK battery startup Nexeon will supply high-energy silicon anode material to Panasonic’s newest U.S. plant starting in 2025, the companies …

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Pfizer says supply of some drugs may be disrupted after NC tornado

July 24, 2023July 24, 2023
Pfizer says supply of some drugs may be disrupted after nc tornado - photo licensed by shore news network.

NEW YORK (Reuters) – Drugmaker Pfizer Inc said over 30 drugs, including injections of painkiller fentanyl and anesthetic lidocaine, may see supply disruption after a …

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US Treasury’s Yellen sees Vietnam as key partner in ‘friendshoring’ supply chains

July 20, 2023
Us treasury's yellen sees vietnam as key partner in 'friendshoring' supply chains - photo licensed by shore news network.

By Andrea Shalal (Reuters) – The United States sees Vietnam as a key partner in expanding green energy sources and building more resilient supply chains, …

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Here Are The 14 Senate Dems Who Voted Against A Ban On Key Oil Supply Sales To America’s Enemies

July 20, 2023

Here Are The 14 Senate Dems Who Voted Against A Ban On Key Oil Supply Sales To America’s Enemies Nick Pope on July 20, 2023 …

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Toshiba, General Electric to build offshore wind equipment supply chain in Japan-Nikkei

July 15, 2023
Toshiba, general electric to build offshore wind equipment supply chain in japan-nikkei - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with U.S. manufacturer General Electric, Nikkei reported …

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Analysis-As deficit soars, Egypt expands money supply, fuelling inflation

July 14, 2023
Analysis-as deficit soars, egypt expands money supply, fuelling inflation - photo licensed by shore news network.

By Patrick Werr CAIRO (Reuters) – Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound if it does not slow …

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Beijing’s curbs on niche metal exports threaten China supply glut

July 6, 2023
Beijing's curbs on niche metal exports threaten china supply glut - photo licensed by shore news network.

BEIJING (Reuters) – China faces a growing surplus of two strategic metals if Beijing restricts exports, industry players said, weighing on domestic prices even as …

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Fighting rages in Sudan’s capital as army tries to cut off supply routes

July 4, 2023
Fighting rages in sudan's capital as army tries to cut off supply routes - photo licensed by shore news network.

(Reuters) – Fierce battles broke out on Tuesday across Omdurman, the western part of Sudan’s wider capital, as the army tried cut off supply routes …

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Toyota’s May global sales jump as parts supply shortage eases

June 29, 2023
Toyota's may global sales jump as parts supply shortage eases - photo licensed by shore news network.

TOKYO (Reuters) – Japanese automaker Toyota Motor on Thursday reported a 10% jump in global sales for May from a year earlier, benefiting from growth …

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US new vehicle sales set to rise in June on improving supply – report

June 23, 2023June 23, 2023
Us new vehicle sales set to rise in june on improving supply - report - photo licensed by shore news network.

(Reuters) – New vehicle sales in the United States are seen to rise in June, according to a joint forecast from J.D. Power and GlobalData, …

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Pratt & Whitney sees supply chain progress

June 21, 2023June 21, 2023
Pratt & whitney sees supply chain progress - photo licensed by shore news network.

PARIS (Reuters) – Pratt & Whitney is seeing “solid progress” in the aerospace supply chain after bottlenecks caused by the pandemic, Shane Eddy, president of …

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Russian Soldiers Have A Steady Supply Of US-Made Sniper Ammo Despite Sanctions

June 20, 2023

Russian Soldiers Have A Steady Supply Of US-Made Sniper Ammo Despite Sanctions Micaela Burrow on June 19, 2023 Russian weapons companies are supplying soldiers with …

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JLR taps Everstream Analytics’ AI to dodge supply chain problems

June 18, 2023June 18, 2023
Jlr taps everstream analytics' ai to dodge supply chain problems - photo licensed by shore news network.

By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, which will …

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China encourages private firms to participate in key supply chain projects

June 15, 2023June 15, 2023
China encourages private firms to participate in key supply chain projects - photo licensed by shore news network.

BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage …

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U.S. Dept of Defense signs deal to boost cobalt supply chains

June 15, 2023

(Reuters) -The U.S. Department of Defense (DoD) has entered into a $15 million agreement with the U.S. unit of Australian miner Jervois Global Ltd to …

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U.S. trade chief Tai calls for more diverse, resilient supply chains

June 15, 2023
U. S. Trade chief tai calls for more diverse, resilient supply chains - photo licensed by shore news network.

By Andrea Shalal WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Thursday will call for continued work to redesign global supply chains to emphasize …

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New Zealand must free up land, expand housing supply to ease home affordability – IMF

June 13, 2023June 13, 2023
New zealand must free up land, expand housing supply to ease home affordability - imf - photo licensed by shore news network.

By Lucy Craymer WELLINGTON (Reuters) – New Zealand needs to keep increasing the supply of houses to address housing affordability, which is still a concern, …

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Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm

June 12, 2023June 12, 2023
Domino's pizza to shut 27 stores in denmark, australian construction and supply arm - photo licensed by shore news network.

By Navya Mittal (Reuters) – Australia’s Domino’s Pizza Enterprises said on Tuesday it would shut 27 stores in Denmark, and its construction and supply arm …

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Lockheed Martin collaborates with GlobalFoundries to secure defense chip supply

June 12, 2023
Lockheed martin collaborates with globalfoundries to secure defense chip supply - photo licensed by shore news network.

(Reuters) – Chipmaker GlobalFoundries and missile manufacturer Lockheed Martin on Monday announced their partnership to secure domestic semiconductor supply for defense systems. The strategic collaboration …

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Exclusive-US seeks new suppliers of highly used cancer drug methotrexate in short supply

June 9, 2023June 9, 2023
Exclusive-us seeks new suppliers of highly used cancer drug methotrexate in short supply - photo licensed by shore news network.

By Julie Steenhuysen and Michael Erman (Reuters) – The U.S. Food and Drug Administration said on Friday it is seeking new suppliers to ease shortages …

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AerCap CEO says airlines to face supply squeeze for many years

June 1, 2023
Aercap ceo says airlines to face supply squeeze for many years - photo licensed by shore news network.

By Tim Hepher PARIS (Reuters) – Airlines could face shortages of planes, engines and parts for several years as they try to meet a strong …

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Chemical maker Dow signs supply agreement for bio-plastic materials

May 25, 2023
Chemical maker dow signs supply agreement for bio-plastic materials - photo licensed by shore news network.

(Reuters) – U.S. chemical maker Dow Inc said on Thursday it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic …

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Saudi Aramco to supply full oil volumes to Asia in June, but some seek less

May 10, 2023
Saudi aramco to supply full oil volumes to asia in june, but some seek less - photo licensed by shore news network.

By Muyu Xu SINGAPORE (Reuters) – Saudi Aramco has told customers in North Asia they will receive full volumes of crude oil that they have …

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NPCC forecasts adequate power supply in parts of U.S. Northeast, eastern Canada this summer

May 4, 2023

(Reuters) – Northeast Power Coordinating Council Inc (NPCC) on Thursday said its annual reliability assessment projected the regions under its oversight will have an adequate …

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BorgWarner sees annual sales below estimates on supply snags, higher costs

May 4, 2023
Borgwarner sees annual sales below estimates on supply snags, higher costs - photo licensed by shore news network.

(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the …

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Biden administration ramps up data exchange program to boost US supply chains

May 2, 2023
Biden administration ramps up data exchange program to boost us supply chains - photo licensed by shore news network.

By David Shepardson WASHINGTON (Reuters) – The Biden administration on Tuesday said it was ramping up a program to address supply chain issues by getting …

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Chevron export earnings boost supply of US dollars in Venezuela -sources

May 2, 2023
Chevron export earnings boost supply of us dollars in venezuela -sources - photo licensed by shore news network.

By Mayela Armas CARACAS (Reuters) – Some of U.S. oil major Chevron Corp’s export earnings from its Venezuela operations are bolstering supplies of U.S. dollars …

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CBP Modifies Withhold Release Order in Response to Smart Glove’s Successful Actions to Address Forced Labor Supply Chain Issues

April 26, 2023
Cbp modifies withhold release order in response to smart glove’s successful actions to address forced labor supply chain issues - photo licensed by shore news network.

WASHINGTON – U.S. Customs and Border Protection (CBP) today modified the Withhold Release Order (WRO) against synthetic, disposable gloves produced in Malaysia by a group …

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CBP and Customs Administrations Agree on Strengthening Supply Chain Security

April 19, 2023

BOSTON—U.S. Customs and Border Protection (CBP) signed Monday a Mutual Recognition Arrangement (MRA) with the Customs Administrations of Guatemala and Colombia at the  Trade Facilitation …

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Biden Admin Announces Strategy To Combat Fentanyl Supply Chain

April 11, 2023
Biden admin announces strategy to combat fentanyl supply chain - photo licensed by shore news network.

Biden Admin Announces Strategy To Combat Fentanyl Supply Chain Jennie Taer on April 11, 2023 The Biden administration announced Tuesday its strategy for combating the …

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CBP Provides Guidance on Cybersecurity Best Practices to Increase Supply Chain Resiliency

April 10, 2023
Cbp provides guidance on cybersecurity best practices to increase supply chain resiliency - photo licensed by shore news network.

WASHINGTON — U.S. Customs and Border Protection (CBP) released Monday a new guidance document containing best practices for customs brokers on how to prepare for …

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