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Rivian Automotive’s 2022 Performance and Planned 2023 Objectives

Supply Chain Matters

billion in 2021. Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. Our total cost of goods sold was also negatively impacted by the ramping of our second manufacturing shift.

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Supply Chain Matters News Capsule Follow-Up: March 4 2022

Supply Chain Matters

In January, Supply Chain Matters highlighted an announcement from electric vehicle start-up Rivian Automotive disclosing plans to invest in a second volume manufacturing facility be located near Atlanta, Georgia with production operations being planned for 2024. EV Start-Up Rivian Encounters Order Fallout From a Price Hike Decision.

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This Week in Logistics News (June 24 – 30)

Logistics Viewpoints

Starting next week, Amazon will start actively recruiting existing small businesses in 23 states including Alabama, Alaska, Arkansas, California, Florida, Iowa, Indiana, Illinois, Massachusetts, Minnesota, North Carolina, North Dakota, New Jersey, New York, Ohio, South Dakota, and Washington. percent), manufacturing (4.5

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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

It’s more than doubled the number of robots deployed in its fulfillment centers and warehouses in the last three years, from 350,000 in 2021 to 750,000 by last June. Robotic arms Robin and Sparrow were designed and manufactured at its Robotics Innovation Hub near Boston and help sort customer orders.

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CSX Intermodal Terminal in North Carolina Wins Excellence Award

Kanban Logistics

The CSX intermodal terminal in North Carolina – Rocky Mount, NC to be exact – has created a splash among manufacturers in the region. Hay Award for Excellence Award is named after William Walter Hay, a professor of railway civil engineering at the University of Illinois Urbana-Champaign. The Dr. William W.