EV transition challenges auto supply chain resilience, Moody’s says
Legacy automakers have the added complexity of having to run different supply chains, for ICE, hybrid and EV powertrains.
Legacy automakers have the added complexity of having to run different supply chains, for ICE, hybrid and EV powertrains.
With a recent investment commitment from current majority owner China Merchants Port Holdings, Hambantota’s annual box-handling capacity is expected to double to 2 million TEUs by the end of the year.
“I don’t think you get to become a leader unless you’re good at encouraging diverse teams,” CIO of North America Sally Miller told Supply Chain Dive.
Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.
Trade groups backed the pact’s annual review, but stressed its importance to North America supply chains.
There’s little to no sign truckload rate hikes are slowing post-July 4, as tight capacity keeps pricing elevated headed into what’s typically a slower season.
Ocean carriers are reinjecting significant new tonnage between Asia and the East Coast of South America after pulling ships away to serve an early Asia–Europe peak season.
Spot prices have more than doubled on Asia–Mediterranean routes and almost tripled from Asia to North Europe since the beginning of May.
The carrier called the move “a structural change” but said contingency plans included a return to Africa transits should the security situation deteriorate.
The proposed merger of Union Pacific Railroad and Norfolk Southern Railway would create single-line rail network that could shift discretionary cargo to Charleston and other underused East Coast infrastructure, writes rail analyst Paul Tonsager.