Ford will buy less lithium and delay taking shipments from Australian producer Liontown, the latest sign of strain in the EV supply chain https://t.co/AUgGPIDTZ9 ...

Chris Butler, CEO of National Tree Company. Welcome to State of Freight. >> Thanks for having me, Laurian.I appreciate it. >> In the early summer, I actually interviewed a logistics executive who told me that for the first time ever, they saw a reduction in terms of the number of artificial Christmas trees coming into the US this year for the holidays. So, we pulled imports for your company for this year and they are much lower.Can you tell us in terms of a percentage of how much less you are bringing in th ...

A new survey from KPMG shows America's top executives are focused on making their supply chain stronger. 89% of CEOs say tariffs will significantly impact their business over the next three years and 86% plan to raise prices to offset those costs. Joining us right now to break down the survey survey is KPMG US chair and CEO Tim Walsh.And Tim, thanks for coming in today to be with us in studio. It's good to see you. Great to be here, Becky.Um, I can't say this surprises me that supply chain is still the top ...

RT Agnieszka de Sousa 🍒 (@AggieDeSousa)This indispensable middleman of the chocolate world is navigating one of its stickiest patches. How it comes out of it will shape chocolate supplies and ultimately prices.Catch up on the Business of Food newsletter, via @MumbiGitauhttps://t.co/pQj67VCZbL ...

I think we want to put these big outsized moves for these different companies in in perspective. Um, do you see this as speculative or is this the time to invest in these kind of stocks because according to our notes here, you don't really see any of these reactors being up and running until 2027. Well, look, uh, Frank, it's going to take a long time to build them.But what we've seen from the Trump administration is an incredibly dynamic push towards nuclear, and we need it based on everything that's happen ...

joining us now. IBM uh Vice Chair Gary Cons also served in the first Trump administration as the director of the National Economic Council. I always like uh having you on.Uh you were in the administration. Um like so many people, a lot of things that that the president does, you're like, "Wow, that's great." But every once in a while, I'm sure in the first administration is like, "That's not my favorite thing." Uh heard a lot of Republicans with with tariffs. Not my favorite thing.Although many of them conc ...

Industrial Policy & Government Intervention - The speaker expresses reservations about government equity stakes in companies, preferring loan-based support similar to the Overseas Private Investment Corporation's approach [3][4] - The speaker contrasts current industrial policy with past practices, noting the oil industry's self-reliance during crises without government bailouts [4] - The speaker criticizes the concept of "too big to fail" banks, arguing it creates unfair competition for regional banks [5] Market & Economic Indicators - Gasoline sales are flat year-over-year, but prices are down 10-12%, suggesting reduced consumer driving [6][7] - Diesel sales are up 35% year-over-year, indicating strong commercial activity, potentially driven by onshoring [7] - The speaker suggests monitoring diesel sales in the third quarter to gauge the sustainability of the current economic activity [9] Retail & Consumer Behavior - The economy is K-shaped, with luxury shopping centers experiencing double-digit sales increases while middle-market retailers like Red Lobster struggle with flat sales and heavy discounting [10][11] - McDonald's price increases are encroaching on casual dining restaurants [11] - Consumers are trading down from higher-priced alcoholic beverages like margaritas to cheaper options like beer [14] - Consumers, especially younger demographics, are increasingly buying smaller quantities of alcohol for immediate consumption rather than larger quantities for later use [15][17]

Partnerships & Integrations - USDC, issued by regulated affiliates of Circle, is coming to XDC Network [1] - Cross-chain and supply chain functionalities are highlighted [1] - CCTP V2 is being integrated [1]

Good morning, Frank. Well, that's right. We are inside what's going to be one of the largest biologic drug factories in the US.Now, this right here, this is a bioreactor and this is used to produce monoconal antibodies. Each one holds up to 20,000 lers and just to give you a sense of how big these are. Each tank spans three floors and there will be 16 of them by the time the second phase opens in 2028.And so giving this whole capacity about the ability to produce about 50 million doses of medicine each year ...

Financial Performance - Rivian's Q2 loss was wider than expected at $080 per share, compared to the expected loss of $065 per share [1] - Q2 revenue was roughly in line with expectations at $13 billion [1] - The company swung to a gross loss of $26 million in Q2 after two straight quarters of gross profit [1] - Rivian is widening its full-year loss expectation to a range of $2 billion to $225 billion, previously expecting a loss of $17 billion to $19 billion [2] Production and Supply Chain - Lower Q2 production was driven by changes in trade policy, specifically the control of heavy rare earth metal exports from China [3] - Supply chain uncertainty and constrained suppliers led to a significant drop in production from over 14000 units in Q1 to around 6000 units in Q2 [4] - Rivian developed solutions during Q2 to address the heavy rare earth metal shortage, aiming for higher production levels in Q3 and Q4 [6][7] - The company expects to deliver between 40000 and 46000 vehicles for the full year [2] Future Outlook - Rivian is confident that Q3 and Q4 production will return to much higher levels, allowing for more vehicles to be produced in the second half of 2025 relative to the first half [7] - The company is excited about the R2 next-generation model, with a target starting price of $45000 [7][8] - Rivian has thoughtfully sourced materials for R2, including heavy earth metals, to protect against potential export challenges [9]