Poor Factory Work Conditions Being Investigated…in the US

Poor Factory Work Conditions Being Investigated…in the US We’re used to seeing news headlines about poor working conditions in factories in overseas countries, but this time, the investigations into poor factory conditions are for US-based factories. As George Takei would say: “Oh Myyyyyyy.” Canada and India Look to Close a Free Trade Agreement Bilateral trade…

Shopify Sells Logistics Unit

Oil Prices Dropped for 3 Consecutive Weeks Despite the tight supply of oil, oil prices still managed to drop for three consecutive weeks. Shopify Sells Logistics Unit Former e-commerce darling, Shopify, is unloading its logistics unit to supply chain company Flexport. As Shopify is also amidst a round of layoffs for the beleaguered e-commerce SaaS….

Sriracha Shortage Incoming

Sriracha Shortage Incoming Last year saw Huy Fong Foods, maker of the beloved spicy sauce Sriracha, issue a warning about supply shortage due to supply shortages of Mexican chiles. It looks like those issues are overflowing into this year as well due to bad weather conditions affecting crop yields. Investments in US Manufacturing Surges As…

Robot Orders Trending Up

Fedex Streamlines Operations Fedex to combine their Ground and Express divisions in an effort to streamline operations for more efficiency. Robot Orders Trending Up The automotive industry is leading the way with using and ordering more robots, accounting for more than 50% of robot sales in 2022. Oil Prices Increase OPEC decided to cut oil…

Canada Rises to the Challenge to Help with Chip Demand

The Shift to EV’s Leaving Some Manufacturing Towns Behind While some automakers are looking to convert their vehicle manufacturing to producing electric vehicles, some factories just aren’t setup to make the transition resulting in closures and massive layoffs. The plant closures result in a domino-effect for that town and the vendors who service the plant…

A different chip shortage

A different chip shortage The computer chip shortage for everything from vehicles, computers and smartphones in recent years has been covered extensively, but did you hear about the chip shortage for payment cards? Yep, credit card issuers are also facing a shortage of chips that are integrated into physical credit cards – especially as no…