Amplify Battery JV Delays [Daimler Takes $235M Charge]
The ambitious Amplify Cell battery plant in Mississippi, a joint venture between trucking giants, is facing further delays. This slowdown is already costing Daimler Truck hundreds of millions.
The ambitious Amplify Cell battery plant in Mississippi, a joint venture between trucking giants, is facing further delays. This slowdown is already costing Daimler Truck hundreds of millions.
Billions are being poured into transforming Mexico's Lazaro Cardenas port into a major hub, yet its ambitions are hitting a wall: customs clearance that can take up to 30 days.
Italian importers stare at empty shelves while containers play hide-and-seek across the Med. Feeder networks, once reliable, now dictate your costs and deadlines.
A promised quick fix for tariff refunds? CBP's now saying 60-90 days. Supply chains feel the burn.
Forget smooth sailing. El Niño's drought threat at the Panama Canal means jammed ships, skyrocketing freight rates, and you paying more for basics. Lars Jensen's warning? Spot on.