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This Week in Logistics News (May 18 – 24)

Logistics Viewpoints

China was ranked second at 12%, followed by Denmark (9%), Australia (7%) and South Korea (6%). Mexico hit a new record for FDI in the first quarter of 2024, increasing 9% year over year to $1.2 Manufactured in Hexagon Purus’ new facility in Dallas, Texas, the Tern RC8 is scheduled for serial production in late 2024.

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Tesla Hikes Wages for Nevada Gigafactory Workers

Supply Chain Matters

Tesla Initiates Further Wage Hikes for Hourly Workers In mid-December global-based electric vehicle designer and producer Tesla informed production workers at the company’s gigafactory in Sparks, Nevada that certain set-rate hourly workers will be granted upwards of 10 percent wage increases in early January 2024. up to $34.50

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