Under the revised investment rules, automakers will need to commit to producing at least 40% of the content of EVs in Indonesia by 2026 to qualify for incentives.
U.S. ports are expected to handle 2.03 million TEU during August, marking the first time American ports have handled over 2 million TEU since October 2022.
Bill McCoy, senior vice president of operations with Riverstone Logistics, relates the message of his keynote address at the recently concluded, first-ever Global Supply Chain Marketing Summit. For logistics and delivery providers, he says, it's all about brand.
Even though Amazon is pleased with its progress, the organization sees more opportunities to improve cost efficiencies moving forward, said chief financial officer Brian Olsavsky.