Tesla is preparing to upgrade its Gigafactory in Shanghai to produce 21,000 electric vehicles per week.
The upgrade will run from July to August, and is intended to increase Tesla’s weekly output of its Model Y SUV and Model 3 sedan by 5,000 and 2,200 respectively. Vehicles produced at Shanghai will be exported to other Asian markets, Oceania, and Europe, meeting a market demand of over 1 million electric vehicles per year.
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Fast food restaurants have made several changes, spurred by the needs of their customers during the COVID-19 pandemic. One of the major changes has been to focus on automation.
An example of automation is the use of apps for ordering. Many restaurants are encouraging customers to order through apps. However, this presents problems in filling orders—specifically getting the food to the customers. In many cases, customers must go through the traditional drive-thru lane—frustrating customers with what is perceived to be unnecessary […]
American Eagle is leading the retail industry in vertical logistics through its Quiet Platform.
The company is conglomerating retailers who have agreed to work together, pool resources, and form a communal supply chain. The platform offers retail partners shared logistics services from order fulfillment, to packaging, to deliveries.
By sharing capabilities such as technology, fulfillment, and transportation, retail partners can focus on what they do best in terms of product mix, marketing, and customer experience while “uberizing” the downstream logistics aspect of […]
Russia has refused to give back the approximately 400 planes worth $10 billion dollars which were due to be returned to EU leasing companies on March 28.
Instead, the Russian president signed a law allowing the country to keep the planes and continue to fly them, constituting the largest theft ever of airplanes. The companies which own them may spend years trying to recover some part of this loss from insurance companies.
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