Why Are Coffee Futures Surging? As coffee bean prices have surged over the last couple of years, mainly due to climate and weather events, here’s a deeper dive into what’s driving coffee bean prices (a must read if your business buys coffee beans).
Tariffs Are Starting to Hit Consumer Confidence The threat of a trade war through tariffs on Canada, Mexico, China and now the EU is coming to a head. Tariffs on Canadian, Mexican and Chinese imports are set to go into effect March 4th with an additional 10% on Chinese imports. All this tariff talk has…
How e-Commerce Supply Chains are Preparing for Potential Loss of De Minimis As the potential threat of losing the “de minimis” exception and potential tariffs on all sorts of imported goods into the US, here’s how some e-Commerce supply chains are dealing with these uncertainties. A Deep Dive into Humanoid Robots Your next warehouse co-worker…
Canadian Tire Reviews Sourcing Amidst Tariff Threats Canadian retailer, Canadian Tire, is re-assessing their product offerings and where they source products amidst the continued threat of trade tariffs from the US. 15% of their products are sourced directly from the US. Autonomous Trucks On the Job Autonomous vehicle (AV) startup, Kodiak Robotics, have their AV’s…
De minimis no more New tariffs ended a loophole that let Chinese companies like Temu and Shein ship small packages to the US duty-free. This loophole, called the de minimis exemption, saw a huge increase in these shipments with the rise of low-cost shopping apps like Temu and Shein. The change could cost US consumers…
UPS Stock Plummets on Amazon Announcement UPS shares plummeted 14% last week after announcing a gloomy forecast AND that they will cut their business by with Amazon by 50%. UPS found that smaller package deliveries (i.e. Amazon package deliveries) were not very profitable so they mutually agreed to lower their commitments to each other. Amazon…
Your Next iPhone Could Be Made by a Robot Apple’s main manufacturing partner, Foxconn, signed a deal with UBTech, to integrate their humanoid robots for iphone production. The humanoid robots have already completed “training” in their Shenzhen factory. Bird Flu Wreaking Havoc for Egg Supply The spread of bird flu among egg farms is wreaking…
Threat of Tariffs Encourages Supply Chains to Return to US As Trump’s return to office gets closer, his threats of slapping tariffs on many imports, means there’s incentive for businesses to consider moving their supply chains back to the US, just like this example here. Canada Looking to Take Advantage of Uranium Demand As countries…
US Manufacturing Continues to Decline According to a report by the Institute for Supply Management (ISM), manufacturing in the US contracted last month despite the overall economy expanding. Some American manufacturers are excited about prospectively better outlook with incoming President Trump. US Oil Looking to Disrupt Saudi Arabia’s Dominance Saudi Arabia has long dominated oil…
How This Startup Is Solving the Charging Problem When It Comes to Electrification As supply chain and logistics providers work towards electrifying their fleet of vehicles, one of the hurdles is charging infrastructure. Israeli startup, Electreon, is trying to solve this problem by introducing wireless charging. To Tariff or Not to Tariff? President Elect Trump…