News (3592)
Can Blockchain and AI Fix Supply Chain
According to the Texarkana Gazette, could artificial intelligence and blockchain really fix the global supply chain.
Impacting everything from ventilators to toilet paper, the supply chain crisis has affected all our lives. Let's get to the schematics of how we got to this point in the crisis and how it can be solved.
Read more...Loadsmart Receives Venture Funding
According to Supply Chain Quarterly, Loadsmart received $200 million in venture capital to expand its technology platform.
Freight technology company Loadsmart plans to rapidly expand its technology offerings that connect shippers, carriers, brokers, and warehouses to increase logistics efficiency thanks to a $200 million venture capital round announced on Tuesday.
Read more...Fixing Long Beach Port Could Help Supply Chain
Fixing the Port of Long Beach could help transform the supply chain, reports the LA Times.
Southern California’s vital Port of Long Beach is still dealing with a backlog of waiting cargo vessels, its top official said Wednesday in renewing calls for transforming the supply chain into a round-the-clock operation.
Read more...Mining Supply Chain in Jeopardy
The mineral supply chain could come under strain with the growing interest in electric vehicles, reports Mining Technology.
The global electric car fleet is expanding rapidly. While Tesla was dominant in the electric vehicle (EV) market for several years following the launch of its first EV in 2008, other car manufacturers are making strides and quickly turning their fleets electric.
Read more...Blockchain is The Future of the Supply Chain
According to Supply & Demand Executive, blockchain is the future of the supply chain.
The term blockchain has often been associated with cryptocurrencies, especially Bitcoin and Ethereum.
Read more...Shippers Investing In Tech
Shippers are increasing their technology budgets for 2022 in hopes of making themselves competitive, reports Supply Chain Quarterly.
Shippers are increasing budgets and placing a higher priority on technology in response to ongoing supply chain challenges and competitive freight market conditions, according to research from freight procurement software provider Sleek Technologies.
Read more...Tesla Faces Supply Chain Issues
According to WION News, supply chain issues are even slowing down Tesla.
Tesla CEO Elon Musk has said that supply chain issues can slow rollout of new vehicles.
Read more...Investment in Supply Chain Tech Grows
According to Environment Leader, investment in supply chain tech is growing as companies signal that it is becoming a priority for them.
Investment in supply chain technology and risk management is rapidly increasing as efficiency and sustainability becomes more of a priority across business operations, and two artificial intelligence platform providers announced receiving funding for their systems this week.
Read more...Symbotic to Go Public
According to Yahoo Finance, Symbotic LLC, an AI enabled platform for supply chain, has announced a merger that will make Symbotic a public company on Nasdaq.
Symbotic LLC ("Symbotic" or the "Company"), a revolutionary A.I.-enabled technology platform for the supply chain, and SVF Investment Corp. 3 (NASDAQ: SVFC) ("SVFC"), a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers ("SBIA"), today announced a definitive merger agreement expected to make Symbotic a public company listed on Nasdaq.
Read more...The Defense Supply Chain Remains Vulnerable
The defense supply chain is still vulnerable, reports National Defense.
As COVID-19 and the ensuing economic challenges have exposed, the United States faces substantial supply chain vulnerabilities and weaknesses.
Read more...
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