Toyota investing another $1B in its US manufacturing operations
The funds are part of a larger $10 billion commitment to build out the automaker’s U.S. supply chain.
The funds are part of a larger $10 billion commitment to build out the automaker’s U.S. supply chain.
The carrier alliance will shake up its Asia-Europe network in April with Busan becoming the focus of its North Asia trade and direct calls ending to ports in Japan and Taiwan.
The company’s network can tap into more than 1,000 robots in over 10 cities, although aspects of the technology still need “to be ironed out,” per its CFO.
Houston and New Orleans are coming off a year of growth for project cargo volumes, albeit with a drop in steel imports, and both ports anticipate a continuation of those trends.
The decision means CMA CGM, Hapag-Lloyd, Maersk and Zim will be forced to wait until early April before implementing surcharges designed to recoup higher operating costs associated with the war in the Middle East.
Reefer shipments into the port, while still small, have been growing faster than overall cargo, forcing port officials to deal with more long-dwelling containers.
The closure of the Strait of Hormuz is the latest disruption to global shipping, highlighting once again that the market would rather ride out the problem than pay for the resilience that could bring relief, analyst Lars Jensen writes.
The fashion brand wants air transportation to be an exception in its logistics approach, rather than a regularly used mode of transit.
The restaurant chain has only six months to lock in suppliers that can scale to demand, Chief Supply Chain Officer Roland Ornelas said.
The carrier is emphasizing quality service to attract volume from pharmaceutical shippers, a segment where accuracy and reliability are critical.