If the situation escalates, the car companies or their direct suppliers may have to support smaller companies in the supply chain to protect their production plans.
The daily limits have contributed to a backlog of 116 vessels waiting to cross, well above normal, but below the more than 200 ships that were stuck last month.
Sources said Codelco is hoping to replace exclusively copper concentrate deals with other agreements that include concentrate and value-added intermediate products.
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The I-95 bridge collapse presents a case study that will be analyzed for decades to come as other parts of the supply chain face additional and inevitable challenges.
The proposed Supply Chain Agreement is designed to enable IPEF partners to work together collaboratively through information exchange, sharing of best practices, collective response to disruptions, and supporting labor rights.
Almost two-thirds of senior automotive executives say they cut their backlogged orders by 61% while another 34% expect to reduce their backlogs over the next 12 months.