Persistent extended lead times, which have pushed many companies to place orders in advance, could ease sometime in the summer, said ISM’s Timothy Fiore.
The food and beverage giant is working on a “large-scale rollout and implementation of electric vehicles” as it looks to reduce direct emissions by 75% by 2030.
Using VTOL aircraft instead would improve both volume availability and service reliability within the company’s network, FedEx Express executive Joe Stephens said.
The funding for 300 U.S. Army Corp of Engineers projects will improve supply chain resiliency in the face of climate change threats, according to a fact sheet.
The beverage giant set a target to become net water positive by 2050 and will test a recyclable and compostable paper bottle in the U.S. later this year.