Orient Overseas Container Line (OOCL) had the largest EBIT per TEU during Q2 2023 at $305, a massive drop-off from Q2 2022, which was over $1,500 per TEU.

The collaborations for the battery plant could range from a joint venture and the sharing of knowledge to experimentation and licensing agreements, Tata said.

The FMC audited MSC’s D&D charges in 2021 after receiving claims that the company issued the same daily rate for both operating and non-operating reefers (NORs).

Twenty-eight percent of those surveyed foresee a decline in container prices in August while another 30% think prices will remain unchanged.

During a speech at the SemiconIndia 2023 conference, Modi highlighted the government’s commitment to making policy changes that promote the growth of the Indian semiconductor sector.

A new law that richly rewards corporate whistleblowers could bring an end to the use of cryptocurrencies for money laundering. 

The organization said that it took a $416 million charge against its Q2 2023 earnings to cover the estimated ongoing clean-up costs of the derailment site.

A bankruptcy filing would put Yellow at great risk of liquidation since the organization’s customers have begun abandoning the trucker in droves.

While it's important to connect the supply chain to finance, all company functions and departments must be linked, says Reggie Twigg, supply chain marketing lead at Anaplan.

Procurement leaders are still struggling with inefficient and costly processes when it comes to indirect spend. AI-powered autonomous sourcing can address this issue.