Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EST. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here. In this edition: 2024 predictions […]
Reshoring News
JCB recently announced that it will build a new factory in North America, creating 1,500 new jobs over the next five years. The British company is a global manufacturer of construction equipment and also builds machinery for the agricultural and waste-handling industries. JCB said this new facility will manufacture machines mostly for North American customers. […]
This was the year the EU’s green ambitions nearly fell apart. Throughout 2023, Europe finally started to polish off critical components of its much-vaunted Green Deal. But the efforts ran into a fierce conservative backlash across the Continent that has now left much in doubt. After years of legislative frenzy, the European Commission hit a […]
“Going to Montana was like going home to Thuringia,” said Jens Bergner, CEO of Vacom, referring to the company’s home base in the city of Größlobichau in the east-central German state. Earlier this month, Vacom announced it will locate its new American headquarters and factory facility in Lewistown, Montana, with an eventual total investment of […]
The last few months have been awash with global chokepoints that are significantly impacting the ability of manufacturers to get products and materials in a timely fashion. From drought in the Panama Canal, to rebel attacks on commercial containers in the Red Sea, or queues mounting in the Suez—organizations with globally dispersed supply chains are […]
According to Xometry’s 2024 Automotive Manufacturing Industry Survey, the majority of leading automotive professionals are feeling optimistic about the future. As many as 68% of survey respondents, which include decision-makers and industry experts, said they expect their company to grow in 2024. As well as market growth, automotive companies must navigate worker shortages, pressure to […]
Building resilient supply chains is a strategic priority of the Biden administration, which has launched a sweeping effort to safeguard the supply of semiconductor chips. But the initiative has consequences for pricing and businesses, analysts say. The CHIPS and Science Act, which was passed last year, allocates nearly $53 billion to support the research and […]
Kim Dong-hoThe author is an editor of economic news at the JoongAng Ilbo.Gloomy signs are prevalent across the Korean economy. Stock brokerage houses and retailers are cutting back their payroll. Even the richest — Samsung Electronics — is contriving ways to save fixed costs by providing less-expensive cars for new executives and shortening the term […]
It’s always interesting to take a fresh approach in the New Year, and these three stocks offer investors a way to get exposure to long-term thematic trends in the economy. In addition, Emerson Electric (EMR 0.25%), MSC Industrial Direct (MSM -0.32%), and Alamo Group (ALG -0.60%) are not household names, so they may fall under […]
Officials from the U.S. and the Philippines this week held the first meeting of a labor working group designed to establish a more robust, mutually beneficial trade relationship between the two countries. Established by President Joe Biden and President Ferdinand Marcos in May, the labor working group was created to “promote enduring economic growth and […]
