New legislation targets Chinese influence at ports, draws pushback

May 12, 2023

WASHINGTON – New bipartisan legislation introduced this week relating to Chinese influence at U.S. ports has drawn pushback from port authorities. The Port Crane Security and Inspection Act of 2023, introduced by Congressmen Carlos A. Giménez, R-Fla., and John Garamendi, D-Calif., would require federal inspections of cranes and the software they operate on if they […]

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Levi’€™s CEO Says His Daughter Is Buying Naughty Bootcut

May 12, 2023

With recent supply chain disruptions exposing the weaknesses of far-away sourcing bases, politicians and interest groups have seized on the opportunity to promote the return of American manufacturing. Like many others at the time, Levi Strauss & Co. moved manufacturing abroad decades ago, with its last U.S. factory closing in 2003—notwithstanding a short-lived limited-edition Made […]

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Levi’s CEO on Reshoring, ‘Derisking’ China and the Denim His Daughter Is Buying

May 12, 2023

With recent supply chain disruptions exposing the weaknesses of far-away sourcing bases, politicians and interest groups have seized on the opportunity to promote the return of American manufacturing. Like many others at the time, Levi Strauss & Co. moved manufacturing abroad decades ago, with its last U.S. factory closing in 2003—notwithstanding a short-lived limited-edition Made […]

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AskWaves looks at the intersection of reshoring and LTL with Curtis Garrett

May 12, 2023

Cross-border freight flows have been increasing for years but interest around shipping from Mexico and Canada into and out of the United States has amplified since the pandemic. Many companies are rethinking their supply chains given issues sourcing product abroad, with some looking to bring manufacturing closer to end markets in North America. As this […]

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API Innovation Center To Solidify U.S. Active Pharmaceutical Ingredient Manufacturing Base Through Partnerships

May 12, 2023

(MENAFN– EIN Presswire) API Innovation Center Announced Agreement to Accelerate Adoption of Low-Cost Pharmaceutical ManufacturingTechnologies to Support U.S. Medicine ProductionST. LOUIS, MISSOURI , UNITED STATES , May 12, 2023/einpresswire.com / — The API Innovation Center (APIIC) is exploring business arrangements with Missouri-based pharmaceutical manufacturing companies Mallinckrodt Pharmaceuticals (SpecGx LLC), Apertus Pharmaceuticals, and Sentio BioSciences. The […]

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Supply chains today need to be able to quickly adapt to changing consumer preferences, accelerated digitization, and the move toward nearshoring.

May 12, 2023

Miller’s Dry Cleaning, a small business located in North Carolina, closed last summer after 107 years in business. On August 16, in the local newspaper, The Hendersonville Lightning, Jeff Miller, the owner of Miller’s and grandson of the founder, reflected, “It was a tough decision to make after serving Hendersonville and neighboring communities for so […]

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UBS Analyst Maintains Buy Rating on Eaton Corp with Raised Price Target

May 11, 2023

On May 11, 2023, UBS analyst Christopher Snyder announced his decision to maintain Eaton Corp (NYSE:ETN) with a Buy rating. He also raised the price target from $205 to $210. Snyder is a renowned Wall Street analyst at UBS who specializes in the Basic Materials sector. He covers 36 stocks with an impressive success rate […]

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Tema’s Maurits Pot Talks New Luxury and Reshoring ETFs and the Active Approach

May 11, 2023

Tema ETFs founder and CEO Maurits Pot told VettaFi that luxury is a booming sector. Luxury stocks are at all-time highs and are resilient. However, he said that this sector “cannot be accessed well through an indexed approach.” “You can’t rely on an indexed approach, given the disparity of returns between luxury companies,” Pot said. […]

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Tema launches three innovative, professionally managed thematic ETFs: American Reshoring, Luxury, & Monopolies and Oligopolies

May 11, 2023

NEW YORK–(BUSINESS WIRE)–Tema ETFs (“Tema”) launches its actively managed thematic ETF offering with three strategies: American Reshoring (RSHO), Luxury (LUX) and Monopolies and Oligopolies (TOLL). These strategies are the first to address these specific themes in an actively managed ETF in the United States. All three strategies will seek to provide long-term growth through equity […]

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Legislation Introduced to Restore America’s Printed Circuit Board Industry after Two Decades of Decline

May 11, 2023

WASHINGTON, May 11, 2023 /PRNewswire/ — The bipartisan Protecting Circuit Boards and Substrates Act of 2023 introduced by Representatives Blake Moore (R-UT-1) and Anna Eshoo (D-CA-16) finishes the job the CHIPS Act began by incentivizing investment in the domestic printed circuit board (PCB) industry. This bill is a necessary follow-on to the CHIPS Act: without […]

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