New Delhi: Kia India on Thursday said it will increase prices of its range of vehicles by up to 3 per cent from April 1, 2024. The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Seltos, Sonet and Carens, said in a statement. It … Read more
Canada’s federal government as well as organizations representing some the nation’s beef producers warn a decision south of the border about “Product of USA” labels on meat, poultry and eggs could disrupt supply chains. The United States Department of Agriculture announced Monday a final rule on conditions for when voluntary “Product of USA” or “Made … Read more
“Raising production rates will be very tough to achieve. You’re not making hand phones.” Singapore: Boeing and Airbus struck deals to sell billions of dollars’ worth of planes at this week’s airshow in Singapore, but supply chain disruptions mean they may struggle to deliver them on time, analysts said. Plane makers are already behind in … Read more
Mumbai: Supply chain firm TVS Supply Chain Solutions on Tuesday announced that its contract with Rolls-Royce for parts distribution centre in Singapore has been extended by five years to 2029. The Singapore facility of the TVS Supply Chain Solutions caters to the Asia Pacific markets of Rolls-Royce power system business unit, according to the company. … Read more
Canada and its allies are warning that disruptions from attacks on vessels in the Red Sea are “adding significant cost” and delays to global shipping. A joint statement Wednesday from Canada, the United States, United Kingdom and a host of other nations reiterates condemnation of Houthi attacks on commercial ships in the Red Sea, noting … Read more
