Oracle's newly launched update for its Oracle Fusion Cloud Application Suite will help customers with supply chain planning, operational efficiency and financial accuracy.

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight. 

Airbus began notifying airlines about expected delivery delays that will take place in 2024 while remaining confident this doesn't indicate worsening supply chain issues.

Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.

India is also rising as a manufacturing base for the iPhone as Apple diversifies its supply chains away from China.

Apple plans to use 100% recycled cobalt, completely recycled rare Earth elements, 100% recycled tin soldering and 100% recycled gold plating in its products by 2025.

The Authorization would allow workers to withdraw their services from the company when permitted by the National Mediation Board.

The United States Commerce Department added five Chinese companies that deal with Russia to its “entity list” April 12.

Surprisingly, the most recent CBP data shows that in terms of value, the majority of shipments detained since last summer were not sent from China.

A staggering 93% of chemical companies claim freight transportation and supply chain disruptions have affected them negatively.