Cosco still handled 60.06 million TEUs during the quarter, which was in line with the company’s performance during the same period in 2022.

Learn how the business landscape is experiencing a rapid and unprecedented transformation across the globe, primarily driven by continuous technological advancements, evolving customer preferences, and the rise of service-oriented economies.

Data analysis can also be used to compare the performance of different facilities to understand where improvements need to be made. Companies considering technology investments to optimize DC operations should do so sooner rather than later.

The rise in Halloween candy spending could be partly attributed to candy and gum prices growing by 7.5% year-over-year during September 2023.

Fu Cong’s comments mark one of the strongest rebuttals yet by Beijing against the EU’s proactive approach to protecting its emerging green energy sector.

UPS cut its annual adjusted operating margin to between 10.8% and 11.3%, down from the previous forecast of 11.8%.

The fund will target investments in projects that are aligned with Vision 2030, Crown Prince Mohammed Bin Salman’s plan to transform the Saudi economy away from reliance on oil.

The company was forced to lower its forecast of 737 Max production from between 400 and 450 planes to 375 to 400 aircraft.

Andrea Montecchi and Ben Sellers, business advisors with Oliver Wight, explain the basics of integrated business planning (IBP), and why it’s such an important process for companies today.

Roughly 40% of suppliers said they have had to lay off some employees since the work stoppages started in September.