Good first quarter for Hapag Lloyd and ONE, 'but it's all downhill from here'
The year got off to a good start for liners Hapag-Lloyd and Ocean Network Express ...
Supply chain constraints and associated rising costs in transport and warehouse and fulfilment centre labour are set to cost Amazon an extra $4bn or so in the fourth quarter.
The e-commerce giant released its third-quarter results late last week, which reveal that supply chain problems and scare labour availability cost Amazon $2bn extra during the period.
During an earnings call with analysts, CFO Brian Olsavsky said: “The $4bn [extra cost] is going to be pure variance year over year. That’s what we’ve ...
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