Like any manufacturer, your organizational goals can be summed up into three words: profitability, growth, and scale. These expectations only continue to increase as your business moves along the maturity curve, with mounting pressure to make smart investment choices that lead to the right type of gains and mitigate risk.
Managers are also looking to reduce their risk by diversifying their supply chains, with nearly 70% planning to develop new relationships with alternative suppliers.
Nippon has promised to invest $1.4 billion in facilities with USW representation, and not conduct layoffs while the union's existing labor deal remains in place.
Many businesses navigate Section 321 by partnering with third-party logistics providers, especially those with expertise in U.S.-Canada cross-border operations.
The deal was first announced on September 22, with CMA CGM aiming to pay 6.3 billion reais ($1.13 billion) up front to buy a 47.6% stake in Santos Brasil.