Tag: Supply Chain
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Tariffs Hit Canadian Truck and Bus Makers as New levies Take Effect
Overview: Tariffs Take Effect Across the Heavy Vehicle Sector Canada’s fresh set of tariffs targeting medium and heavy-duty trucks, as well as related parts, began this week, placing additional pressure on a domestic manufacturing sector already navigating global supply chain disruptions and rising material costs. The policy, designed to shield domestic producers from foreign competition…
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Canada’s New Tariffs Hit Heavy Trucks and Buses: Industry Feels the Pinch
Canada’s Latest Tariffs Target Heavy Trucks and Bus Parts A fresh slate of tariffs on medium and heavy-duty trucks and their parts began to take effect across Canada, placing added pressure on a sector already navigating a challenging market. The measures, aimed at foreign imports, are expected to ripple through domestic assembly lines, parts suppliers,…
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Tariffs Hit Canada Truck and Bus Makers as New Fees Take Effect
Overview of the Tariffs Starting today, a fresh slate of tariffs on medium and heavy-duty trucks, bus chassis, and related parts goes into effect in Canada. The move aims to recalibrate trade flows and protect domestic producers, but it also tightens margins for manufacturers who rely on imported components and international suppliers. Industry observers say…
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Nexperia halts wafer supplies to China plant, fueling disruption
Industry shock: Nexperia cuts wafer supplies to a Chinese plant In a move that could ripple through the global electronics supply chain, Dutch semiconductor maker Nexperia has suspended wafer shipments to its Chinese assembly plant. The decision, confirmed by a letter obtained and reviewed by Reuters, adds pressure on an already strained market for chips…
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Automakers Face Tariffs and Chip Shortages, Yet Profits Hold
Tariffs Have Left a Hefty Bill for Automakers The global automotive sector has been navigating a storm of costs tied to tariffs, with Moody’s estimating a combined bill of around $30 billion for the industry this year. That figure underscores how policy shifts and trade tensions ripple through the supply chain, adding pressure to a…
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Automakers Rise Above Tariffs: Some Still Grow Despite Costs
Industry Faces a $30 Billion Tariff Burden, With Mixed Earnings The automotive sector is grappling with a heavyweight: tariffs. Moody’s recently estimated that automakers could be paying as much as $30 billion in tariffs this year, a sum that ranks as a significant drag on profits across the industry. While these costs bite into margins,…
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Automakers Weather Tariffs and Chip Shortage, Still Profitable
Tariffs Have Made the Year Tough, Yet Profits Persist Automakers have been contending with a mounting tariff bill that Moody’s pegs at about $30 billion for the industry this year. The added costs have come from a web of duties on imported cars, parts, and materials, complicating pricing strategies and squeezing margins for some manufacturers.…
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Rail Baltica Secures Framework for Cable Protection Supply Across the Baltic Corridor
Rail Baltica finalises framework agreements for cable protection materials Rail Baltica, the cross-border high-speed railway project spanning Estonia, Latvia, and Lithuania, has formalised its first set of framework agreements for the consolidated supply of cable protection materials. This milestone marks a significant step in the project’s procurement strategy, aiming to streamline supply chains, reduce costs,…
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Hi-tech Spring Signs Strategic Procurement Pact with Hefei Qianrui Technology to Boost Battery Electrolyte Supply
Strategic Agreement Sets New Benchmark in Global Electrolyte Materials In a move that underscores its growing influence in the global electrolyte materials market, Dongying Hi-tech Spring Chemical Industry Co., Ltd. (Hi-tech Spring) has signed a strategic procurement cooperation agreement with Hefei Qianrui Technology Co., Ltd. (Hefei Qianrui) in Hefei City, Anhui Province. The deal signals…
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FAA Allows Boeing 737 Max Production to 42 a Month
FAA clears 737 Max production ramp to 42 a month The Federal Aviation Administration has granted Boeing the green light to increase its 737 Max output to 42 airplanes per month, a milestone that marks progress in the jet’s long journey back from safety restrictions and a pandemic-era drag on the company’s operations. The decision…