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Crime groups target US supply chain at unprecedented levels with this clever method.

Reports indicate that organized crime groups are adopting new and troubling tactics to target freight trucks, trains, and warehouses nationwide at an unprecedented pace. These criminals are hacking into supply chain technologies, posing as legitimate shipping companies, according to a recent six-month survey by CNBC. Data from Verisk Cargonet reveals that there were 3,798 reported […]

Bertucci’s restaurant chain now has 15 locations following its recent bankruptcy.

The Italian restaurant chain Bertucci has filed for Chapter 11 bankruptcy for the third time since 2018. Based in Massachusetts and recognized for its brick oven pizza and pasta, the chain has shut down five locations in Massachusetts, along with one each in Rhode Island and Maryland, due to underperformance. Bertucci’s was established in 1981 […]

Albertsons supermarket chain warns suppliers not to raise prices over Trump tariffs

This dollar is unstoppable with President Trump. North America’s second-largest supermarket chain warns that its suppliers will not allow price increases due to Trump’s tariffs. Albertsons, which operates more than 2,200 grocery stores in the New York area, including Balducci, Kings and Acme, blasted missiles to suppliers later last month, explaining that suppliers must obtain […]

Chipotle sales slump as recession fears hit burrito chain: ‘Consumers were saving money’

Chipotle Mexican Grill on Wednesday softened its annual sales growth forecast as sticky inflation and economic uncertainty reduced consumers and brought Burrito Chain stock down 3% after opening hours. The company is currently expecting annual sales growth rates in a single digit lower range compared to its pre-estimation of low single digit rise. President Trump’s […]

China’s latest export controls on rare earth elements causing chaos in car supply chain: report

China’s move to impose strict export controls on rare earth elements used in automobile manufacturing reportedly sparked fears about potential shortages in automobiles. Earlier this month, China’s Xi Jinping government enacted restrictions on the shipment of seven rare earth metals and magnets, essential to the construction of electric vehicles. This move has left many Western […]