Amazon Beats Supply Chain 🔔 Subscribe now with all notifications on for the latest news about business, finance, science, politics and technology from the point of view of an economist. As supply chain disruptions cause shipping delays, experts believe Amazon's logistics empire and predictive analytics will help it avoid the worst of it. #Amazon leased long-haul planes to expedite the delivery of goods from China to the United States, and it has been manufacturing its containers and chartering private cargo vessels for years. Retailers such as Walmart, Home Depot, Target, IKEA, and Costco are now experimenting with the strategy, chartering smaller vessels to transport goods to less congested ports. Before we continue, kindly hit the notification button to be notified when next I post new videos. Let's get started without further ado. Online holiday orders are pouring in, but supply chain disruptions are causing concern this season. 77 container ships are waiting in San Pedro Bay, California. That's a record, but some of those ships are unscheduled container charters with no docking plans. The ports of Los Angeles and Long Beach have announced that beginning November 1st, shipping companies will be fined for each container left on the dock. According to new data released this week, the trucker shortage in the United States has reached an all-time high of 80,000. However, Amazon has made some unusual and significant moves to avoid the worst of it. Los Angeles has 79 vessels that have been stranded for up to 45 days. Amazon's latest venture, which I've been following for the past two days: it sat in the harbor for two days. For years, Amazon has chartered its cargo ships, a strategy that retailers such as Walmart, Home Depot, and Costco are experimenting with this holiday season. Amazon is also manufacturing its containers, expanding its workforce and warehouses, and leasing long-haul planes for the first time to expedite high-priority goods from China to the United States. They've been waiting for this. 📺 Watch the entire video for more information! _________________________________________________________________ About Economics Stories 🎥 Videos about the latest news about business, finance, science, politics, technology and the connections between them from the point of view of an economist. 🎨 Written, voiced and produced by Economics Stories 🔔 Subscribe now for the latest news about the world economy. ____________________________________________________ 💼 Business Inquiries and Contact • For business inquiries, copyright matters or other inquiries please contact us at: moneyinvestbusiness@gmail.com. ❓ Copyright Questions • If you have any copyright questions or issues you can contact us at moneyinvestbusiness@gmail.com. ⚠️ Copyright Disclaimers • We use images and content in accordance with the YouTube Fair Use copyright guidelines • Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” • This video could contain certain copyrighted video clips, pictures, or photographs that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above How Amazon Beats #Supply #Chain #Chaos