Supply Chain Dive
Following strong May volumes, the port is forecast to handle more than 900,000 container units in both June and July, Executive Director Gene Seroka said.
Supply Chain Dive
The rebates helped reduce overall retail prices by about half a percentage point.
Supply Chain Dive
Shippers’ exports will face higher fuel fee percentages, while imports will see lower rates once the adjustment takes place June 22.
Supply Chain Dive
Federal Reserve Chair Kevin Warsh repeatedly said the central bank’s monetary policy committee will push down inflation toward its 2% goal.
Supply Chain Dive
The 700,000-square-foot facility features the Hot Pockets maker’s largest automated storage and retrieval system and is part of a $25 billion investment plan.
Supply Chain Dive
The partnership with China Southern Air Logistics could make Guangzhou a key connection for U.S. shipments to Southeast Asia, Cirrus Global Advisors founder Derek Lossing said.
Supply Chain Dive
The 2 million-square-foot facility features sortation and automated systems along with custom software to increase supply chain speed and throughput.
Supply Chain Dive
The pharmaceutical giant cut procurement timelines from months to weeks while challenging conventional wisdom on AI data readiness.
Supply Chain Dive
Companies must evaluate their importer of record arrangements and ensure they have deep levels of supply chain visibility ahead of the changes, experts said.
Supply Chain Dive
Customers aren't willing to pay extra for shipping, while free delivery could squeeze margins, the retailer's CEO said.
Supply Chain Dive
The planned logistics site, near a principal manufacturing facility, will handle global distribution of Boston Scientific’s medical devices.
Supply Chain Dive
The bloc plans to remove tariffs and begin providing preferential market access for a range of U.S. goods by the end of the month, EU officials told Supply Chain Dive.