The supply chain for Covid-19 vaccines is about to get a lot busier. A new U.S. government deal to buy 100 million more doses of
Covid-19 vaccine will bolster a national inoculation campaign, the WSJ’s Peter Loftus and Rebecca Ballhaus report, as a broader international rollout of the first shots authorized for approval picks up speed. Aircraft carrying the vaccine developed by Pfizer and German partner
along with doses from
have transported the shots to Mexico, Singapore and other sites, and the European Union its own distribution plan. The new U.S. agreement will have Pfizer provide 70 million more doses by the end of June, with 30 million to follow by the end of July. But the scale of the expansion, along with deliveries of syringes and other equipment, will put more demands on logistics networks than the initial, smaller rollout.
China’s big e-commerce sector is bracing for an upheaval. Chinese regulators are taking actions against market behemoth
and its payments partner Ant Group, the WSJ’s Liza Lin, Lingling Wei and Chong Koh Ping report, ramping up the country’s efforts to rein in its technology giants and billionaire Jack Ma. China’s top market regulator launched an antitrust investigation into Alibaba and authorities are pressing Ant to meet new financial restrictions. The actions mark Beijing’s strongest enforcement action against a technology empire that has growing influence on digital commerce markets around the world. The antimonopoly regulator says it was acting on reports that Alibaba was pressuring merchants who sell goods on its marketplaces to withhold business from the platforms of competitors
The moves put China in some ways into closer alignment with efforts by global regulators and the U.S. technology heavyweights.
SUPPLY CHAIN STRATEGIES
Peloton Interactive Inc.
is trying to build a U.S. supply chain. The home-fitness giant’s agreement to buy major fitness-equipment manufacturer Precor Inc. for $420 million will add 625,000 square feet of U.S. manufacturing capacity to Peloton’s armory, the WSJ’s Laura Forman writes. That eventually should help Peloton get its exercise equipment to American customers faster after a period when the company’s logistics operations struggled to keep up with an explosion in demand under the coronavirus pandemic. Peloton uses third-party manufacturers in Taiwan but says it plans to start manufacturing its own connected fitness devices in the U.S. by the end of 2021. Bringing back domestic manufacturing has been a focus of Washington trade policy in recent years. But Peloton is responding to market realities that suggest the only limits on its growth may be supply constraints. Wait times for its most expensive bike now are over 10 weeks.
The latest cash crop on U.S. farms doesn’t need to be shipped to markets. Big agriculture companies including
and Cargill Inc. are trying to develop farming-driven carbon markets, the WSJ’s Jacob Bunge writes, and allow retailers, food makers and other companies to offset their emissions by buying the carbon credits. Agricultural companies, long criticized as environmental villains, say paying farmers to maximize their natural processes can put the scale of modern farming behind a potential climate solution. For farmers, the plan could lead to a new source of income that depends less on weather and agricultural commodity markets. The strategy is to pay farmers for their fields’ capacity to withdraw carbon…