supply chain
WASHINGTON — Nine companies will each receive $100,000 and vouchers for $75,000 in technical assistance after the beginning phase of a first-of-its-kind competition to tackle the floating offshore wind energy industry’s biggest supply chain challenges. Roughly two-thirds of the nation’s... Read More
WASHINGTON — If the U.S. is going to fulfill President Biden’s goal of deploying 30 GW of offshore wind energy by 2030, the government, industry stakeholders and investors will need to aggressively focus on the development of a domestic supply... Read More
WASHINGTON — Electrification of all vehicles in the U.S. would use about 40% of the electricity currently being generated across the country, with the domestic long-haul trucking industry accounting for about 10% of that energy use, according to a new... Read More
WASHINGTON — Donations of humanitarian aid and military equipment keep pouring into Ukraine from throughout the world but now the challenge is to make sure it’s being distributed effectively, according to lawmakers at a congressional hearing Wednesday. Private donors have... Read More
CHARLESTON, S.C. — With the successful completion of a $580 million harbor-deepening project, Charleston Harbor is now the deepest harbor on the U.S. East Coast at 52 feet. The new depth means the biggest cargo ships currently in service can... Read More
WASHINGTON — Railroad unions that rejected a proposed labor contract on Monday are threatening the nation’s economy as the Christmas season approaches. The “no” vote by the unions sets the stage for a strike as soon as Dec. 9, unless... Read More
WASHINGTON — President Joe Biden Tuesday signed the long-awaited CHIPS bill investing $280 billion in tech manufacturing. The bill seeks to subsidize the domestic production of semiconductor chips — the electronic circuit boards found in nearly every tech product from... Read More
WASHINGTON — A shortage of one essential material could curtail America’s transition to new sources of clean energy according to a new report from S&P Global. The world’s copper supply is unlikely to be able to meet demand for all... Read More
WASHINGTON — The United States and 17 of the world’s leading economies have agreed to work together on “crisis response” to alleviate ongoing disruptions and bottlenecks in the global supply chain while also addressing longer term resilience challenges that threaten... Read More
WASHINGTON — A panel of the nation’s top bank economists sees the U.S. economy continuing to expand through 2024, though at a slower pace than its long-term potential. Perhaps of even greater interest to U.S. consumers at the moment, the... Read More
WASHINGTON — President Joe Biden on Thursday directed his administration to “work urgently” to respond to the major baby formula shortage that has forced families across the United States to rely on others with leftover supplies to swap or sell... Read More
WASHINGTON — The U.S. Department of Energy is making $3.1 billion in funding from the bipartisan infrastructure law available to manufacturers and other commercial entities involved in making, retrofitting and recycling lithium-ion batteries. The investment is part of the Biden... Read More
WOODRIDGE, Ill. — U.S. policy on alternative fuel vehicles is at a turning point in the transition away from gasoline-powered engines, according to witnesses at a congressional hearing Thursday. Delays in securing the metals and minerals to manufacture rechargeable electric... Read More
WASHINGTON (AP) — A global computer chip shortage has made it harder for consumers to get their hands on cars, computers and other modern-day necessities, so Congress is looking to boost chip manufacturing and research in the United States with billions of... Read More
WASHINGTON — President Joe Biden announced Tuesday that progress is being made on securing critical mineral supply chains, moves the administration says will power clean energy manufacturing and create good-paying jobs. Last year, Biden signed an executive order intended to... Read More
WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture,... Read More
WASHINGTON — House Democrats late Tuesday night released the America COMPETES Act, a mammoth, 2,912-page bill aimed at boosting high tech research and ending, once and for all, the semiconductor crisis that has caused rippling supply chain disruptions and put... Read More
WASHINGTON (AP) — Transportation Secretary Pete Buttigieg is awarding more than $241 million in grants to bolster U.S. ports, part of the Biden administration's near-term plan to address America's clogged supply chain with infrastructure improvements to speed the flow of goods. The transportation money... Read More
NEW YORK (AP) — After a wearying nearly two years of the pandemic, independent retailers are cautiously hoping their holiday seasons will be bright, despite the challenges this year ranging from supply chain snags to shortages of hot holiday items.... Read More
SAN ANTONIO — Members of the Blue Dog Coalition hosted a virtual roundtable discussion on Wednesday over impediments to the national supply chain as well as what’s being done to solve them. The discussion featured input from Gene Seroka, executive... Read More
WASHINGTON — Congress must take swift and decisive action to shore up the nation’s supply chains if it wants to keep creating jobs and ensure America leads the global economy, the New Democrat Coalition said Tuesday. Specifically, the largest ideological... Read More
WASHINGTON —The House on Wednesday night overwhelmingly endorsed a bipartisan bill intended to strengthen ocean supply chains that have been racked by bottlenecks since last summer. The Ocean Shipping Reform Act, introduced by Rep. John Garamendi, D-Calif., in August just... Read More
WASHINGTON — Holiday shopping appears to be on track to beat out the National Retail Federation’s spending forecast in spite of continued supply chain impediments, rising inflation and the omicron variant. Holiday retail sales for November and December are now... Read More
WASHINGTON — Before leaving town for Thanksgiving, Sens. Mark Warner, D-Va., and John Cornyn, R-Texas, joined members of the Problem Solvers Caucus to call for fully funding the CHIPS for America Act, an initiative intended to increase semiconductor production in... Read More
WASHINGTON — Transparency is imperative as the world navigates a pandemic-induced supply chain disruption and works to improve its resiliency, according to a panel of experts at Monday’s Hudson Institute event. In the U.S. military’s “biggest modernization effort since World... Read More
WASHINGTON — The White House outlined an ambitious multibillion dollar plan on Tuesday to dramatically upgrade the nation’s aging ports and relieve the bottlenecks that have plagued the nation’s critical supply chains since early summer. The actions announced during a... Read More
WASHINGTON — It’s easy to dip one’s toe into the 24-hour news cycle and suppose the breakdown of the nation’s supply chain for incoming and outgoing goods is a west coast phenomena. The truth is, the backlogs have impacted ports... Read More
WASHINGTON — The American Maritime Partnership publicly released a letter to the U.S. Secretary of Transportation Pete Buttigieg underscoring the continued reliability of America’s domestic maritime services despite the current supply chain crisis. In a press release AMP stated, American... Read More
WASHINGTON — Microsoft announced Monday that the same hackers who tapped into U.S. government computers in the 2020 SolarWinds cyberattack continue to attack the global supply chain but with a slightly revamped strategy. This time, the Russia-backed group Microsoft calls... Read More
WASHINGTON -- While economists warned about disruptions to the U.S. supply chain, Chuck Fowke told a congressional panel Wednesday about countertops. “If you can’t get the cabinets, you can’t put the countertops on,” Fowke said as he testified on behalf... Read More