Connect with us

Business

Toyota production stoppage extended amid supply strain

Published

on

As the world continues to deal with growing supply-chain shortages, Toyota has announced it plans to extend a stoppage at two factories in Japan

Toyota Motor Corporation has revealed it intends to extend a partial production suspension at two factories within Japan, due to COVID related supply problems from Southeast Asia.

According to Kyodo news, lost production caused by the suspension in December will now total approximately 14,000 vehicles, a rise from the expected 9,000 flagged last Friday.

The production cuts are some of the biggest seen within the automotive sector, and comes as Toyota attempts to make up for lost production, caused by earlier supply-chain issues within Malaysia and Vietnam.

The car maker will maintain its annual global production target of 9 million vehicles for fiscal year 2021.

Toyota extends production halt / Image: File

In October, US President Joe Biden unveiled plans to tackle the international supply-chain crisis

The President ordered a “90 day sprint” back in the month of October, as a solution to reduce bottlenecks.

Biden also announced that a major shipping hub, the Port of Los Angeles will move to constant service.

White House chief of Staff Jen Psaki says the Biden administration is “using every tool at their disposal to ease the impact on the American people”.

The coronavirus pandemic has wreaked havoc on supply chains right around the world… with the vast network of ports, container vessels and trucking companies now badly congested.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

Business

Why Amsterdam’s Schiphol Airport will cap passenger departures

Published

on

Amsterdam’s Schiphol Airport is capping the number of departures until next year

The airport says airlines “are not happy about it” but ultimately had no choice.

It follows a string of airport chaos over the busy summer period in The Netherlands and Europe more broadly.

Caps are expected to extend through the end of March. But authorities will review the situation again towards the end of this year.

The aviation business continues to be plagued by labor shortages on the back of the pandemic.

Continue Reading

Business

Food delivery drone crashes into powerlines

Published

on

Thousands of people have been left without power after a food delivery drone crashed into powerlines

Power was restored after 45 minutes after the drone made a pre-cautionary landing.

‘Wing’ is the company behind the incident who use drones for their food delivery services.

A spokesperson for Energex, the company who supplies power to the 300-affected homes says drones can be dangerous.

It’s believed these instances are very rare and the meal was still hot when emergency crews arrived at the scene.

Continue Reading

Business

Huge win for millions caught up in Optus data breach

Published

on

Major news for those impacted by the Optus data incident, with authorities working around the clock to get to the bottom of the saga

Is this a sigh of relief for Optus customers?

It is a major win for those who have been impacted by the massive Optus data breach.

Australian Prime Minister Anthony Albanese has confirmed the telco giant will cover the costs of replacing affected customers’ passports, a move he has labeled as entirely appropriate.

The hacker released the personal details of more than 10,000 people on an online forum, before removing the post.

This is evidently a costly move for Optus, but one which many Australians have been calling for.

On the other side of the coin, it will also be a massive undertaking for the nation’s passport office which has been slammed recently as Aussies head back overseas post-Covid.

This comes as the Australian Federal Police launches an operation to support the data breach victims.

AFP Assistant Commissioner Justine Gough says affected customers will receive “multi-layered protection from identity crime and financial fraud”.

As the investigation continues, Australian authorities will also be leaning on their international counterparts for assistance, including America’s FBI.

It’s a massive operation and one that many Australians and indeed people right around the world are watching closely.

Continue Reading

Trending Now

Copyright © 2022 The Ticker Company PTY LTD