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Sales & Operations Planning: Page 14

Hyundai and LG Planning to Spend an Additional $2B on Georgia Battery Plant
The two companies will spend a total of $7.59 billion on the plant and create 8,500 new jobs in Bryan County, Georgia.
Photo: iStock.com/PhonlamaiPhoto
FedEx Raising Customs Fees and Shipping Rates
FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.
Oshkosh, WI, USA - July 30, 2014 FedEx Express Airbus A300-600F airplane on the ramp at the Oshkosh Airport from Madison. Photo: iStock.com/vandervliet93
Hapag-Lloyd Left Out of Second Round of Bidding for HMM
Hapag-Lloyd, the only foreign company involved in HMM's bidding, was ruled out of the privatization process by creditor banks Korea Development Bank and Korea Ocean Business Co.
Photo: iStock.com/eyewave
Ocean Carrier EBIT Fell by 90% Year-on-Year During Q2 2023
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.
Photo: iStock.com/SHansche
Globus Maritime Places $75.5M Order for Two Bulk Carriers
The company said the vessels will be built at a "reputable Japanese shipyard" and delivered during the second half of 2026.
Photo: iStock.com/GlenJ
Russia’s Top Miner Plans to Move Some Trading to Dubai
Nornickel, the world’s biggest refined nickel producer and palladium miner, was incorporated under the name Greenwich Holdings Limited in Dubai.
Photo: iStock.com/Photon-Photos
Truckload Freight Volumes, Spot Rates Fell During July
The truckload volume index (TVI) for vans fell by 7.0% while refrigerated TVI decreased by 3.4% and flatbed TVI shrank by 12.8%.
Photo: iStock.com/valio84sl
NFI Won’t Achieve Pre-COVID Production Levels Until 2025
"The last 36 months at NFI have been extremely difficult to navigate," chief executive officer Paul Soubry told analysts August 16.
The gift that's still giving. Photo: iStock.com/wildpixel
Ghana Unlikely to Fulfill All Cocoa Contracts After Weak Harvest
Farmers in the West African nation are expected to see the lowest output since 2010 in the season that ends September 2023, missing official forecasts by nearly a quarter.
Photo: iStock / Narong KHUEANKAEW
Echo Global Launches Automated Carrier Negotiations Feature
The tool allows carriers to bid on available shipments and receive notifications letting them know if their bid is denied, accepted, or if a counteroffer has been made.
Photo: iStock.com/ake1150sb
MSC Could Face Charges for Allegedly Overcharging Customers
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).
Port of Los Angeles. Photo: iStock.com/jgroup
Over 40% of Supply Chain Professionals Expect Shipping Container Prices to Rise
Twenty-eight percent of those surveyed foresee a decline in container prices in August while another 30% think prices will remain unchanged.
Photo: iStock.com/SHansche
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