supply chain News

As U.S. Auto Supply Chain Revs Up, Worker Safety Fears Linger in Mexico

MEXICO CITY — Workers at a Lear Corp autoparts plant in northern Mexico that saw the worst known coronavirus outbreak of any factory in the Americas are now bracing to be sent back to work. They just don’t know when, …

Insurers Chartering Flights to Ship Gold to Ease Supply Logjam

Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion Market Association said on Thursday. Gold is usually moved …

Deaths Expose Fears for Strength of U.S. Food-Supply Chain

Some of the workers who help produce America’s food are starting to die because of the coronavirus. At least three people who worked at plants owned by top U.S. meat packer Tyson Foods Inc. and a local unit of Brazil’s …

Tyson to Rebuild Plant After Fire, Assures Weekly Pay for Full-Time Workers

U.S. meat processor Tyson Foods Inc said on Monday it will rebuild a Kansas beef plant after a fire heavily damaged the facility last week and that full-time, active employees would be paid weekly until production resumes. The company said …

Technology, Supply Chain and Regulatory Risks Top Concerns for Global Businesses

A new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list of concerns for businesses across Europe, the Middle East and …

Top Risks for Businesses Expanding Overseas

As U.S. and Canadian businesses plan to expand their business overseas this year, their executives are worried about supply chain failures, data breaches and political instability, according to a survey by the Chubb Group of Insurance Companies. The 2014 Chubb …

Business Interruption, Supply Chain Among Top Business Risks for 2014: Allianz

Business interruption (BI) and supply chain, natural catastrophes and fire/explosion top the list of company risks in 2014, according to the third annual Allianz Risk Barometer, which surveyed over 400 corporate insurance experts from 33 countries. The survey conducted by …

Spate of Disasters Exposes Supply Chain Weakness

When flood waters rose in Thailand, Wal-Mart stores in Japan ran out of mouthwash. “We were out of mouthwash in Japan for about four days,” Scott Price, Wal-Mart’s Asia chief executive officer, said at the APEC business leaders’ summit. “A …

Thai Flooding Disrupts Japanese Auto Production

Toyota and other major automakers have begun scaling back production because of parts shortages from suppliers in flood-afflicted Thailand, just months after Japan’s own supply chains were decimated by a mammoth earthquake and tsunami. The production woes stemming from Thailand’s …

Floods Threaten Thai Capital, Scores Killed in Myanmar

Thailand battled to protect the capital Bangkok from being swamped by water on Friday, with canals full to the brim after devastating floods across the region that sources in neighbouring Myanmar said had killed at least 100 people there. After …