The ocean carrier said the new service will be conducted via a fleet of nine vessels, all of which are operated by ONE.

The U.S. regulator the Federal Trade Commission is engaged in a lawsuit against the company, accusing it of anti-competitive practices – something Amazon has denied.

Achieving resilience in supply chains is essential, but it's crucial to implement measures carefully so they do not hinder or conflict with other competing priorities.

The agreement was signed by the Philippines’ energy secretary and U.S. Secretary of State Antony Blinken November 16 in San Francisco, California.

Peter Dilnot, who takes over as Melrose’s chief executive officer in March 2024, said that while the supply hitches are boosting after-market demand, they’re limiting planemakers’ ability to build jets.

The survey showed that the extent to which supplier capacity went underutilized was higher in October 2023 than it was in September and August.

Corporate investment in inventory management tools and other supply chain solutions could be limited in 2024 by high financing costs and lower profits.

Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.

For the next few decades, demographic changes will exert a major inflationary threat. But a reversal in globalization will also lead to less efficient global production,

By investing in international cooperation and embracing data and technologies, we can illuminate the path to secure semiconductors and a safer world.