Boeing CEO Dave Calhoun said it could take until the end of 2024 to iron out supply chain problems hampering global jetliner production, Reuters reports.
RELATED NEWS
March 08
12:53
2022
Boeing said it doesn’t anticipate a major disruption to aircraft output in the near term after stopping titanium purchases from Russia, Bloomberg reports.
March 19
14:35
2020
Detroit’s big three automakers are to shut down all factories due to fears over the coronavirus.
February 19
10:50
2020
U.S. factories around Shanghai will be back at work this week, but the “severe” shortage of workers due to the coronavirus will hit production and global supply chains, Bloomberg reports.
January 29
10:24
2020
Companies that rely on manufacturing from facilities in Wuhan, China, are considering alternative suppliers as facilities in the region face potential production delays.
January 03
14:24
2020
Economic activity contracted in December to lowest level in more than 10 years, according to the Institute for Supply Management.
December 30
10:38
2019
President Donald Trump’s strategy to use import tariffs to protect and boost U.S. manufacturers backfired and led to job losses and higher prices, according to a Federal Reserve study first reported by MarketWatch.
December 02
11:35
2019
U.S. manufacturing activity remains mired in contraction territory, according to the Institute for Supply Management.
November 14
16:09
2019
Trade talks between the U.S. and China have hit a snag over farm purchases because China leery of putting a numerical commitment in the text of an agreement, the Wall Street Journal reports.
July 19
21:36
2019
“I’m not hearing people blame the Fed as much as they’re blaming tariffs,” says CNBC’s Jim Cramer.
July 15
11:18
2019
Tariff costs prompt executives to shift production to other countries: ‘Once you move, you don’t go back,’ the Wall Street Journal reports.
June 19
10:48
2019
The hearings are a chance for businesses and other organizations to voice opinions surrounding the fourth list of proposed tariffs of up to 25% on $300 billion in Chinese goods.
May 18
14:45
2019
China’s factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth, Industrial Distribution reports.
April 17
21:51
2019
U.S. manufacturing output was unchanged in March after two straight monthly declines, resulting in the first quarterly drop in production since President Donald Trump was elected, Reuters reports.
April 04
17:08
2019
The reduced forecast for 2019 marks the second consecutive year the WTO has pared back expectations and broadly reflects similar readings from the World Bank and the International Monetary Fund.
October 25
17:01
2018
Now that more companies are realizing the financial and environmental benefits of investing in production methods and technologies that take the dirty work out of making stuff, clean manufacturing is no longer an oxymoron, Forbes reports.
October 23
11:23
2018
Industrial services powerhouse Caterpillar saw its stock price dive 8% when it gave disappointing adjusted earnings guidance for 2018, blamed partly on tariffs imposed by President Trump, The Hill reports.
September 26
16:30
2018
“From Ford’s perspective the metals tariffs took about $1 billion in profit from us,” CEO James Hackett said at a Bloomberg conference in New York. “The irony of which is we source most of that in the U.S. today anyway. If it goes on any longer, it will do more damage.”
September 04
16:29
2018
Port executives worry that tariffs could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade, Industrial Distribution reports.
July 31
14:05
2018
These products are designed for lightweight assemblies in trucks, buses, RVs, speciality vehicles and passenger rail, and other markets like sporting goods and panels, Net Composites reports.
