article thumbnail

Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

Electric vehicle company Fisker recently issued a going concern warning amid continued production and supply chain challenges. The company reported a cash balance of slightly over $325 million at the end of 2023. In 2020, Fisker went public as an asset-light company under a special-purpose acquisition company (SPAC).

article thumbnail

Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Air freight companies typically use that extra capacity at the belly of a passenger plane.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

article thumbnail

Doing Business in Germany

QAD

km and borders the Baltic Sea, the North Sea and other countries including the Netherlands, Poland, Austria, Belgium, the Czech Republic, Denmark, France, Luxembourg and Switzerland. Whether you choose to ship by rail, water, truck or air, the movement of goods is fast and efficient. . Italy, Austria, Poland and Switzerland.

Germany 103
article thumbnail

Doing Business in Switzerland

QAD

Switzerland is east of France and north of Italy, also bordered by Austria, Liechtenstein and Germany. The average company pays about 28.8% Various taxes must be paid 19 times per year, and companies average 63 hours per year in tax calculation. Manufacturing in Switzerland. It is easy to incorporate and register property.

article thumbnail

Three Months after Tianjin, the Area is Still Reeling.

Elementum

China’s Tianjin port suffered a devastating explosion in August which left many manufacturers, insurers and shipping supply chains crippled. Companies have been cutting down on their profit estimates following the Tianjin incident. The company saw huge inventory and other factory investment losses in the explosion.

article thumbnail

Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. The March report made specific mention of the impact of maritime disruption attributed to the diversion of ships from the Suez Canal as a result of Red Sea terrorist attacks. reflecting a 1.3