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Manufacturing Activity Slips to Lowest Since June 2020: ISM Index at 50.2 for October
Manufacturing growth in the United States saw a slowdown during October due to increasing challenges stemming from supply chain bottlenecks and labor shortages, according...
TradeBeyond Introduces AI-Powered Supply Chain Traceability Tools
Hong Kong, April 23, 2024 — TradeBeyond, a leader in retail supply chain management solutions, has announced a significant advancement in its traceability solution...
Drones’ Decadal Boom: From Backyards to Businesses
Originally developed for military applications such as target practice and surveillance, drones, or uncrewed aerial vehicles (UAVs), have evolved into a thriving industry with...
Chip Shortage Eases; Prices Stay High Due to Rising Demand
As 2023 nears its end, the global chip shortage, which originated in early 2020 due to the COVID-19 pandemic, continues to cast a long...
Global Manufacturing Declines Amid Inflation, Rates, and Ukraine War
The global manufacturing sector grappled with persistent challenges in July, with the JPMorgan Global Manufacturing Purchasing Managers' Index (PMI) remaining below 50 at 48.7,...
Aerial Eyes on Biodiversity: Drones Shape Global Conservation
In an unexpected twist, drones are emerging as a powerful tool in the global fight for wildlife conservation. Leveraging their capacity to cover expansive...