Supply Chain
The service reduces transportation costs for small suppliers by as much as 60%.
Toyota Tsusho ships auto parts directly to its warehouses in Canada and Mexico. (Photo by Kosuke Okamoto)
TOKYO — Toyota Tsusho, Japan’s trading house, has started providing direct shipping of auto parts from Japan to Canada and Mexico. This enables smaller suppliers to access major automotive manufacturing centers without incurring double tariffs that would arise from routing shipments through the United States.
Also Read
- Von der Leyen Delivers Annual State of the Union Address as the EU Faces a Wave of Critical Challenges
- Russia Promotes Ukraine War Veterans as Flagship Candidates in Parliamentary Election
- European Stocks Poised for Higher Open as Markets Await Fed Rate Decision
- House Approves War Powers Resolution Curtailing Iran Military Action, Seven GOP Members Support