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Before we explore industry-specific trends, here are some key global supply chain risk signals you should be aware of:<\/p>\n
Study Finds Increase in Ransomware Attacks in the U.S.<\/span><\/a><\/p>\n Ransomware attacks, particularly targeting U.S. organizations, have escalated, with incidents involving U.S. entities rising from 51% to 65% in a year. The financial sector, including banks and credit unions, remains a primary target, with recent significant disruptions including a widespread attack on\u2026 <\/span>more<\/span><\/a><\/p>\n Supertyphoon Yagi forces Vietnam airport closures, including Hanoi<\/span><\/a><\/p>\n Supertyphoon Yagi caused significant disruptions in Vietnam and Hong Kong, leading to the closure of four Vietnamese airports and the cancellation of around 310 flights. The storm also affected industrial operations, including those of Apple suppliers. In response, Vietnam implemented \u2026 <\/span>more<\/span><\/a><\/p>\n Strike looms over Port of Baltimore as wage negotiations reach crisis point<\/span><\/a><\/p>\n The dockworkers’ union, represented by the International Longshoreman’s Association (ILA), and shipping companies are facing a critical juncture as their six-year contract is set to expire at the end of the month. With the contract expiration looming, ILA leaders, including President Harold Daggett, have\u2026 <\/span>more<\/span><\/a><\/p>\n Cyber attacks affect Wertach clinics in Bavaria and London transport company<\/span><\/a><\/p>\n Recent cyberattacks have disrupted operations in various sectors, with significant impacts observed at Wertach clinics in Bavaria and Halliburton in the US, as well as Transport for London. Wertach clinics suffered severe operational hindrances due to a ransomware attack that led to\u2026 <\/span>more<\/span><\/a><\/p>\n US port talks kick off in bid to avoid economy-disrupting strike<\/span><\/a><\/p>\n The ongoing labor negotiations between the East and Gulf coast dockworkers’ union and port employers could potentially disrupt major US ports, affecting supply chains and economic activities. This comes at a time when the shipping industry is already experiencing heightened challenges due to global\u2026 <\/span>more<\/span><\/a><\/p>\n Craft’s platform<\/a> can help you monitor your supplier network to understand supplier risk and stay ahead of disruption. Contact our team to take a risk assessment<\/a>.<\/em><\/p>\n <\/p>\n 1,128 overall risk signals<\/strong> from manufacturing companies tracked:<\/span><\/p>\n Identify supplier risk in your network<\/a><\/p>\n U.S. reports 28th death caused by exploding Takata air bag inflators<\/span><\/a><\/p>\n A 28th death in the U.S. has been attributed to the exploding Takata airbag inflators, following a 2018 incident in Alabama involving a Honda vehicle. The Takata inflators, which use ammonium nitrate to inflate the airbags rapidly during a crash, can become dangerous over time if\u2026 <\/span>more<\/span><\/a><\/p>\n HR Ministry opens probe into slave labour claims against contractor for Sony, Panasonic and Daikin<\/span><\/a><\/p>\n The Manpower Department in Malaysia has initiated an investigation into Kawaguchi Manufacturing Sdn Bhd, a contractor for Sony, Panasonic, and Daikin, after allegations of slave labor practices. The investigation was spurred by a complaint from rights activist Andy Hall and involved a raid on\u2026 <\/span>more<\/span><\/a><\/p>\n US Fears Nippon Bid for US Steel Could Hit Vital Steel Supplies<\/span><\/a><\/p>\n The proposed $14.9 billion acquisition of U.S. Steel by Nippon Steel has raised national security concerns from CFIUS, citing potential reductions in U.S. steel production crucial for infrastructure. Nippon Steel countered by promising significant investments to boost U.S. operations and no\u2026 <\/span>more<\/span><\/a><\/p>\n <\/p>\n Need to identify high-risk suppliers in your supply chain? Learn about supplier intelligence with Craft.<\/a><\/em><\/p>\n <\/p>\n 659 overall risk signals<\/strong> from technology companies tracked:<\/span><\/p>\n Identify supplier risk in your network<\/a><\/p>\n Apple and Meta are ramping up their feud over who is in charge of protecting kids<\/span><\/a><\/p>\n Meta and Apple are clashing over the responsibility for age verification and parental consent on social media platforms like Instagram. Meta suggests that Apple and Google could better manage these safeguards at the app store level, but Apple is resisting this idea, highlighting\u2026 <\/span>more<\/span><\/a><\/p>\n Nvidia stock tumbled 9.5%<\/span><\/a><\/p>\n Nvidia’s stock experienced a significant drop, with a single-day decline of 9.5%, erasing $279 billion in market value, the steepest drop for any U.S. company. This downturn occurred after Nvidia, once the world’s most-valued company, saw a 20% decrease in its share price from its peak on\u2026 <\/span>more<\/span><\/a><\/p>\n <\/p>\n 602 overall risk signals<\/strong> from automotive & transportation companies tracked:<\/span><\/p>\n Identify supplier risk in your network<\/a><\/p>\n House votes to ban Gotion’s EV batteries from Homeland Security<\/span><\/a><\/p>\n The U.S. House of Representatives has passed legislation aimed at reducing dependency on foreign-made electric vehicle (EV) batteries, specifically from companies like Gotion, which are suspected of using forced labor and contributing to the surveillance apparatus of the Chinese\u2026 <\/span>more<\/span><\/a><\/p>\n National Transport Strike in Italy on September 9, 2024<\/span><\/a><\/p>\n On September 9, 2024, a national transportation strike disrupted public services across several major Italian cities including Rome, Milan, Naples, Turin, Bologna, Genoa, and Bari. The strike, organized by multiple unions, demanded improvements such as salary increases, worker protections\u2026 <\/span>more<\/span><\/a><\/p>\n Transport strike in Colombia begins to affect bilateral trade with Venezuela<\/span><\/a><\/p>\n A national transportation strike in Colombia, which began three days ago, is significantly disrupting trade with Venezuela due to blocked roads. The strike was triggered by the Colombian government’s decision to increase diesel prices gradually, a move that transporters have vehemently opposed. This has\u2026 <\/span>more<\/span><\/a><\/p>\n King’s Cross station: major disruption after broken rail<\/span><\/a><\/p>\n King’s Cross station in London is facing significant disruptions due to a broken rail near Hatfield, Hertfordshire, affecting service since approximately 1:30 PM the previous day. The issue has halted six major rail routes into the station, and delays are expected to continue until the end of\u2026 <\/span>more<\/span><\/a><\/p>\n Big crisis at Audi: Employees confiscate car keys<\/span><\/a><\/p>\n Workers at Audi’s factory in Brussels have seized the keys to 300 finished cars as part of a strike due to uncertainties about the plant\u2019s future. The employees took this drastic step after failing to reach an agreement during a meeting with management about the Volkswagen Group\u2019s decision not\u2026 <\/span>more<\/span><\/a><\/p>\n <\/p>\n Learn how a global shipping leader demystified their supply chain with Craft.<\/em><\/a><\/p>\n <\/p>\n <\/p>\n 69 overall risk signals<\/strong> from healthcare companies tracked:<\/span><\/p>\n Identify supplier risk in your network<\/a><\/p>\n FDA hits Abbott FreeStyle Libre 3 recall with Class I tag<\/span><\/a><\/p>\n The FDA has classified Abbott’s recall of its FreeStyle Libre 3 sensors as Class I, indicating a serious health risk. These sensors, part of the FreeStyle Libre 3 continuous glucose monitoring system, were found to occasionally provide incorrect high glucose readings, which could lead to severe\u2026 <\/span>more<\/span><\/a><\/p>\n Edwards Lifesciences starts global layoffs<\/span><\/a><\/p>\n Edwards Lifesciences has started layoffs worldwide after selling its Critical Care business for $4.2 billion. The layoffs affect about 3% of its workforce, totaling approximately 540 employees. This decision follows the transfer of 4,500 employees to Becton, Dickinson and Co. as part of\u2026 <\/span>more<\/span><\/a><\/p>\n <\/p>\n Get configurable alerts for the supplier risks that matter most to your supply chain? <\/span>Learn more about Supplier Risk Management from Craft.<\/a><\/p>\n <\/p>\n <\/p>\n 66 overall risk signals<\/strong> from retail companies tracked:<\/span><\/p>\n Identify risky suppliers in your network<\/a><\/p>\n Potential port strike has retailers, manufacturers scrambling<\/span><\/a><\/p>\n Retailers and manufacturers are bracing for a possible strike by the International Longshoremen\u2019s Association, set to begin October 1, which could impact 13 major East Coast and Gulf Coast ports in the U.S. This potential strike is significant as these ports handle a vast array of goods, crucial for\u2026 <\/span>more<\/span><\/a><\/p>\n Gridlock in Nigeria amid fuel shortages<\/span><\/a><\/p>\n Nigeria is grappling with severe fuel shortages and rising prices, primarily due to challenges faced by the Nigerian National Petroleum Corporation (NNPC). The NNPC has cited debts and global price increases as reasons for its difficulty in securing adequate fuel supplies. This situation has led to extensive\u2026 <\/span>more<\/span><\/a><\/p>\n <\/p>\n Curious how we gathered this information? <\/em>Explore Craft’s platform’s capabilities.<\/em><\/a><\/p>\n <\/p>\n <\/p>\n 112 overall risk signals<\/strong> from energy & utility companies tracked:<\/span><\/p>\n Identify risky suppliers in your network<\/a><\/p>\n Oil firms vow to fight judicial review of North Sea oil and gas projects<\/span><\/a><\/p>\n Shell and Equinor are defending their North Sea oil projects, Jackdaw and Rosebank, against legal challenges by environmental groups and a recent withdrawal of government support. The Labour Party’s decision, influenced by a Supreme Court ruling emphasizing the need to account for\u2026 <\/span>more<\/span><\/a><\/p>\n The theft of hydrocarbons from Pemex pipelines reached an incidence of 14 cases per month<\/span><\/a><\/p>\n In 2024, hydrocarbon theft from Pemex pipelines, known as ‘huachicoleo,’ has shown an increasing trend with 97 investigation cases opened by July. This rate of 14 cases per month is a decrease from the previous year’s average of 10.5 cases per month. Historically, this crime has been on a\u2026 <\/span>more<\/span><\/a><\/p>\n Shell Is Closing 1,000 Gas Stations To Focus On EV Charging<\/span><\/a><\/p>\n Shell is actively transitioning from traditional fuel to electric vehicle (EV) infrastructure. As part of its 2024 Energy Transition Strategy, Shell plans to sell 1,000 of its gas stations to focus more on expanding its EV charging network. The company aims to increase its global network of public EV\u2026 <\/span>more<\/span><\/a><\/p>\n
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<\/p>\nManufacturing<\/h2>\n
Industry Risk Overview for September<\/h4>\n
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Recent News<\/h4>\n
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<\/p>\nTechnology<\/h2>\n
Industry Risk Overview for September<\/h4>\n
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Recent News<\/h4>\n
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<\/strong><\/p>\nAutomotive & Transportation<\/h2>\n
Industry Risk Overview for September<\/h4>\n
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Recent News<\/h4>\n
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<\/p>\nHealthcare<\/h2>\n
Industry Risk Overview for September<\/h4>\n
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<\/p>\nRetail<\/h2>\n
Industry Risk Overview for September<\/h4>\n
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Recent News<\/h4>\n
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<\/p>\nEnergy and Utilities<\/h2>\n
Industry Risk Overview for September<\/h4>\n
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Recent News<\/h4>\n