2023 is the second driest year on record in the Panama Canal Basin. Faced with low rainfall and subsequent lake water level declines, the canal has implemented an operational strategy focused on water conservation and transportation reliability. It has been proven that these measures, combined with direct and proactive communication with customers, are crucial for adapting to challenging climate environments.
The adjustment of Amazon's logistics network is not limited to new leasing and subleasing. Earlier this year, Amazon completed the transformation to regional distribution mode, with eight regions basically able to achieve intra regional distribution. This has helped Amazon improve inventory levels, shorten distribution routes, and accelerate transportation speed.
The freight volume of Changtan Port has been increasing for two consecutive months