The Latest Breaking News from Supply chain

Amid depressed demand due to China’s ongoing COVID-19-related lockdowns and disrupted global supply chains owing to geopolitical tensions, steel prices have witnessed a significant decline over the past month. However, amid the market sell-off, we think buying the stocks of fundamentally sound steel companies Nucor (NUE) and United States Steel…

Australian budget airline Bonza has again postponed its launch after global supply chain disruptions delayed the delivery of its first aircraft. 

China's Covid containment measures, especially in the world's largest port city of Shanghai, have influenced Thailand's supply chain security and could cast a shadow on local manufacturers' decisions in the medium term.

Amid a shortage, recipes for baby formula proliferate online. But doctors say it's not safe. Here's why

U.S. consumers are showing resilience in the face of high inflation, according to retail sales numbers from Tuesday morning, which came in higher month-over-month.

Summer Infant Inc (NASDAQ:SUMR) reported a first-quarter FY22 sales decline of 5% year-on-year to $34.38 million, versus $36.20 million the previous year. The company attributed the revenue decline to ongoing supply chain disruptions, including some COVID-19 caused production delays. The gross profit decreased 31.8% Y/Y to $7.3 million and the profit margin contracted…

The industrial sector was impacted severely by COVID-19-pandemic-induced supply chain disruptions and productivity losses. But on the efforts made by the Biden administration to ease supply chain constraints, and with economic activities picking up, industrial production growth and capacity utilization should improve. Against this backdrop, we think the stocks of…

Amid various current macroeconomic and geopolitical concerns, including interest rate increases, raging inflation, deepening supply chain constraints, the Russia-Ukraine war, and an economic slowdown, the stock market has been under immense pressure of late. As a result, many hard-hit companies have released lower guidance for 2022. So, considering their bleak…

Greenland Technologies Holding Corp (NASDAQ:GTEC) reported a first-quarter FY22 revenue increase of 19% to $29.3 million, beating the consensus of $24.36 million. The company attributed the top-line growth to higher sales volume, driven by continued product demand and effective supply chain management. The number of transmission products sold was 41,902 units, up…

Stabilizing trading companies’ business operations, and building more secure industry and supply chains are issues of paramount importance

The firm says supply issues have now eased and its expects demand to rise over the coming year