How Amazon beats supply chain chaos with ships and long-haul planes

For years, Amazon has been quietly chartering private cargo ships, making its own containers, and chartering planes to better control the complex freight journey of online ordering. Now, with many retailers freaking out over supply chain chaos, Amazon’s costly early moves are helping to avoid long wait times for available berth space and workers at … Read more

Fines for lingering cargo starting to help

CEO Jane Siroca told CNBC on Tuesday that the Port of Los Angeles’ decision to impose fines on stranded cargo containers was a “last resort,” but it was already showing signs of having the desired effect. The policy, which began on Monday, was announced this week, as part of an effort to ease port congestion … Read more

Coca-Cola CEO expects to see sporadic product shortages through 2022

James Quincey, CEO of Coca-Cola, speaks during an interview with CNBC on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters James Quincey, Coca-Cola CEO, said Wednesday that he expects to see intermittent shortages of grocery shelves through 2022. Like other food and beverage companies, Coca-Cola is dealing with … Read more