Behind the numbers – how GXO's strategy stacks up
Neil Shelton on M&A, returns and outsourcing
One response to rising labour costs in Asia, particularly China, is to go headlong down the automation path, which German sports goods giant Adidas appears to be planning after showing off its new “speedfactory” concept. It is its answer to relocating manufacturing in the US and Europe to serve those local markets, and circumvents the thorny problem of western wage levels by almost entirely employing “intelligent, robotic technology” to produce its footwear faster than ever. The first 500 pairs of a concept running shoe made in the newly-operational German Speedfactory will go on sale early next year and large-scale commercial production could begin as early as in 2017.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
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