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Showing posts from August, 2022

Maersk completes acquisition of LF Logistics

Copenhagen, Denmark-based A.P. Moeller Maersk, an integrated container logistics services provider said today it has completed its acquisition of Hong Kong-based contract logistics services provider LF Logistics. source https://www.supplychain247.com/article/maersk_completes_acquisition_of_lf_logistics

Today’s Post-Pandemic Parcel Delivery Marketplace

Three of our top parcel industry sources offer their respective takes on one of the most ubiquitous parts of freight transportation and logistics - parcel and last-mile delivery, and with providers and carriers continuing to have the upper hand over shippers, they suggest to leave no stone unturned when it comes to carrier selection and leveraging partnerships. source https://www.supplychain247.comhttps://www.supplychain247.com/article/todays_post-pandemic_parcel_delivery_marketplace

Q&A: Ben Bidwell, director of North American customs and compliance, C.H. Robinson

Logistics Management Group News Editor Jeff Berman recently spoke with Ben Bidwell, director of North American customs and compliance, for Minneapolis, Minn.-based global logistics services provider and freight forwarder C.H. Robinson (CHR), about the trade landscape as it relates to tariffs on various fronts, including: the United State Trade Representative (USTR) recently updating its tariff policy and reinstating 352 previously expired tariff exclusions in May, opening more than $1 billion in refund potential for importers through the end of this year; the overall effectiveness of the Section 301 tariffs, and what CHR is doing to help shippers navigate through tariff-related issues and challenges, among others. source https://www.supplychain247.com/article/qa_ben_bidwell_director_of_north_american_customs_and_compliance_c.h._robin

In loss for truckers, judge lifts injunction in California AB5 ruling

The judge overseeing a major trucking industry challenge against enforcement of California’s new AB5 independent contractor law has lifted an injunction in the case after the U.S. Supreme Court failed to take up the matter. source https://www.supplychain247.com/article/in_loss_for_truckers_judge_lifts_injunction_in_california_ab5_ruling

Steel King to support workforce solutions with $250K AMETA Center sponsorship

Advanced Manufacturing Engineering Technology and Apprenticeship (AMETA) Center at Mid-State Technical College in central Wisconsin gains monetary donation as well as gift of material storage products needed for the center source https://www.supplychain247.com/article/steel_king_to_support_workforce_solutions_with_250k_ameta_center_sponsorshi

Three rail labor unions reach tentative labor agreements with U.S. freight railroads

Not long after the Presidential Emergency Board (PEB) appointed by President Biden, which is focused on resolving a labor dispute between Class I rail carriers and 12 U.S.-based rail labor unions on reaching labor accord, three railroad employee unions have reached tentative agreements with various United States freight railroads, according to the National Carriers’ Conference Committee (NCCC), an organization representing the nation’s freight railroads in national collective bargaining. source https://www.supplychain247.com/article/three_rail_labor_unions_reach_tentative_labor_agreements_with_u.s._freight

UPS adds eight new Boeing 767s to its air fleet

Atlanta-based global freight transportation and logistics services provider UPS said this week that is it purchasing eight new 767-300ER freighters from Boeing, which the company said will help to support its “customer-first strategy.” source https://www.supplychain247.com/article/ups_adds_eight_new_boeing_767s_to_its_air_fleet

DAT Truckload Volume Index trends down to more seasonal patterns in July

12.5%, for the same period (down 7.1% annually and down 1.9% compared to July 2020), and the flatbed TVI down 15.9%, to 217 (up 13.6% annually and up 16% compared to July 2020). DAT said that changes in the TVI represent the number of loads moved with a pickup date during the month. source https://www.supplychain247.com/article/dat_truckload_volume_index_trends_down_to_more_seasonal_patterns_in_july

Presidential Emergency Board issues recommendations focused on rail carriers-unions labor issues

Earlier this month, the Presidential Emergency Board (PEB) appointed by President Biden—and focused on resolving a labor dispute between Class I rail carriers and 12 U.S.-based rail labor unions on reaching labor accord—issued recommendations to help further quell further rail-related supply chain disruptions. source https://www.supplychain247.com/article/presidential_emergency_board_issues_recommendations_focused_on_rail_carrier

LaserShip and OnTrac herald expansion into Texas, starting next year

On the heels of recently announcing the rollout of a new transcontinental delivery service, following their October 2021 merger announcement, Vienna, Va.-based LaserShip, the largest regional e-commerce parcel carrier and last-mile delivery services provider, and Chandler, Ariz.-based regional shipping services provider OnTrac, said earlier this month that they are expanding into Texas. source https://www.supplychain247.com/article/lasership_and_ontrac_herald_expansion_into_texas_starting_next_year

Re-thinking Procurement in a Prototype Business

In this Episode, Rosemary Coates, Executive Director of the Reshoring Institute, and Bernadine Henderson, Director of Strategic Sourcing and Global Procurement at Protolabs discuss procurement in a prototyping and small-lot environment. source https://www.supplychain247.comhttps://www.supplychain247.com/article/re_thinking_procurement_in_a_prototype_business

Robot sales hit record high in North America for third-straight quarter

Association for Advancing Automation latest stats show the most industrial robots sold in any quarter; automotive industry returns to historic norms, while food & consumer goods sectors show interest in automation to handle e-commerce logistics boom source https://www.supplychain247.com/article/robot_sales_hit_record_high_in_north_america_for_third_straight_quarter

Talking Supply Chain Podcast: The State of Supply Chain Software

On this episode, Blue Ridge’s Prashant Bhatia talks about what’s new in supply chain software. SCMR’s Editorial Director Bob Trebilcock hosts. source https://www.supplychain247.comhttps://www.supplychain247.com/article/talking_supply_chain_podcast_the_state_of_supply_chain_software

A Shipper’s Guide to Navigating Post-Pandemic 2022 Holiday Freight

In this educational and informative guide, we take a look at how to navigate the shifting market demands with these industry insights and tips for maintaining a steady supply chain during this peak shipping season. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/a_shippers_guide_to_navigating_post-pandemic_2022_holiday_freight

A Shipper’s Guide to Navigating Post-Pandemic Holiday Freight

In this educational and informative guide, we take a look at how to navigate the shifting market demands with these industry insights and tips for maintaining a steady supply chain during this peak shipping season. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/a_shippers_guide_to_navigating_post_pandemic_holiday_freight1

Hub Group announces acquisition of TAGG Logistics

Established in 2006, TAGG Logistics has more than 4 million square-feet (SF) of warehousing space throughout the U.S., which Hub officials said allow for best-in-class and responsive e-commerce and B2B fulfillment capabilities. TAGG is on track to generate approximately $200 million of annual revenue in 2022. The company has approximately 800 employees at its 18 facilities. source https://www.supplychain247.com/article/hub_group_announces_acquisition_of_tagg_logistics

GEODIS expands agreement with Locus Robotics to deploy 1,000 LocusBots at warehouse sites

GEODIS has currently deployed Locus AMRs at 14 sites around the world, serving a wide range of retail and consumer brands, including warehouses in the U.S and Europe. The agreement will expand that footprint significantly as new sites are deployed. source https://www.supplychain247.com/article/geodis_expands_agreement_with_locus_robotics_to_deploy_1000_locusbots_at_wa

10 Reasons Why Kinaxis and MPO Will Change the Game of Supply Chain Planning & Execution

Kinaxis' RapidResponse® is the leading global platform for supply chain planning with solutions for IBP, S&OP, Demand, Supply & Inventory Management, and is complementary to MPO’s visionary Multi-Party Orchestration platform for supply chain execution, offering multi-enterprise visibility, and order and transport management. source https://www.supplychain247.comhttps://www.supplychain247.com/article/10_reasons_why_kinaxis_mpo_will_change_the_game_of_supply_chain_planning

E-Commerce Trends for 2022 and 2023

The eCommerce industry is constantly evolving, and this year hasn’t been any different. source https://www.supplychain247.comhttps://www.supplychain247.com/article/2022_2023_trends_in_ecommerce

PITT OHIO Expands Service to New York State

Following an early July announcement in which it said it planned to kick off a New York State service expansion, effective in mid-August, Pittsburgh-based less-than-truckload (LTL), logistics and warehouse services provider PITT OHIO said the expansion is now live. source https://www.supplychain247.comhttps://www.supplychain247.com/article/pitt_ohio_expands_new_york_state_based_direct_service

Building Supply Chain Resilience Is Much More than Fixing Supply Problems

Companies need to map these critical linkages in their supply chains when evaluating risk and resilience. When one element is disrupted, it is likely that other parts of the system will be impaired as well. source https://www.supplychain247.comhttps://www.supplychain247.com/article/building_supply_chain_resilience_is_much_more_than_fixing_supply_problems

Q&A: Paul Bingham, Supply Chain Transportation Economics Consulting, S&P Global Market Intelligence

Logistics Management (LM) Group News Editor Jeff Berman recently caught up with Paul Bingham, Supply Chain Transportation Economics Consulting, for S&P Global Market Intelligence, to discuss various supply chain- and logistics-related topics. Among the topics covered were: the impact of inflation on infrastructure projects, a potential recession, and the impact of tariffs on operations. source https://www.supplychain247.com/article/qa_paul_bingham_supply_chain_transportation_economics_consultingsp_global_m

Port of Los Angeles Enjoying Record Year: Backlog gone and imports up 3.5%

Port of Los Angeles enjoying record year with terminals that “have capacity” despite 3.5% jump in imports. The Port of Los Angeles, the busiest in the nation, is “more fluid” than in the past year, has whittled the backlog of ships in the harbor by nearly 90% and is ready to take on even more business, port officials said. source https://www.supplychain247.com/article/port_of_los_angeles_enjoying_record_year_backlog_gone_and_imports_up_3.5

LM reader survey points to 2022 Peak Season being in line with 2021

A Logistics Management reader survey of more than 100 freight transportation, logistics, and supply chain stakeholders found that 45% of respondents expect a more active Peak Season, with 35% expecting it to be about the same as 2021, and 20% maintain it will be less active source https://www.supplychain247.com/article/lm_reader_survey_points_to_2022_peak_season_being_in_line_with_2021

The New Competitive Edge - Analytics-Driven Supply Chain Design

This executive guide, developed in collaboration between the Massachusetts Institute of Technology’s Center for Transportation & Logistics (MIT CTL) and Coupa, presents a vision for future-proof, analytics-driven supply chain design. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_new_competitive_edge_analytics_driven_supply_chain_design

The Lift Truck Issue: Innovation in action

In this issue, we learn that one of the world’s most innovative supply chain organizations believes the time is right for autonomous lift trucks; we offer our annual deep dive into the Top 20 lift truck suppliers; we roll out our annual reader survey that illustrates the state of lift truck usage and investment; and we learn that even an autonomous lift truck fleet is going to need some level of human oversight. source https://www.supplychain247.com/article/the_lift_truck_issue_innovation_in_action

Talking Supply Chain Podcast: Is Sustainability Sustainable?

On this episode, Mike Knemeyer and Stan Fawcett discuss ESG and its impact on supply chains. SCMR’s Editorial Director Bob Trebilcock hosts. Listen to this episode wherever you get your podcasts. source https://www.supplychain247.comhttps://www.supplychain247.com/article/talking_supply_chain_podcast_is_sustainability_sustainable

How RFID Enables Better Supply Chain Visibility in the Automotive Industry

As Covid-19 swept the globe in early 2020, factories were shuttered and freight flows disrupted, affecting globally linked automotive supply chains. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_rfid_enables_better_supply_chain_visibility_in_the_automotive_industry

2023 Digital Transformation Report

In this 2023 Digital Transformation Report, we share insights gained from our annual research on technology trends and digital transformation and explore the top 2023 enterprise resource planning systems and industry development. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/2023_digital_transformation_report

The Difference between Procurement & Supply Chain Management and Why the Two Should Converge

Many companies globally have kept the procurement and supply chain functions independent of each other, consequently, they have not been able to leverage the efficiency of merging the two. source https://www.supplychain247.comhttps://www.supplychain247.com/article/the_difference_between_procurement_supply_chain_management

July intermodal volumes largely trend down, reports IANA

Total July volume—at 1,485,325 units—fell 3.2% annually. Trailers—at 70,445—saw another significant decline, down 29.0%. Domestic containers—at 661,775—was the lone product group seeing an increase, up 1.6% annually. All domestic equipment, which is comprised of trailers and domestic containers, was down 2.4%, to 732,220. ISO, or international, containers—at 753,105—fell 3.8%. source https://www.supplychain247.com/article/july_intermodal_volumes_largely_trend_down_reports_iana

DHL CEO Scott Surredin Explains Why Supply Chains ‘Definitely Stable’ After Pandemic Mayhem

DHL CEO Scott Surredin sits down with Yahoo Finance Live anchors Seana Smith, Dave Briggs, and Rachelle Akuffo to talk about the state of the supply chain, progress made in hiring and automation, and inventory in warehouses and ports. source https://www.supplychain247.comhttps://www.supplychain247.com/article/dhl_ceo_scott_surredin_explains_why_supply_chains_definitely_stable

JLL Q2 report shows ongoing strong industrial real estate market trends

In its “U.S. Industrial Outlook: Q2 2022,” JLL cited various factors driving continued market strength, paced by rents topping the $8.00 per square-foot (PSF) mark, at $8.01, its highest level on record, with annual rent growth up 21% annually. Average PSF rents for warehousing & distribution and manufacturing came in at $8.04 and $7.79, respectively, with special purpose at $11.07. source https://www.supplychain247.com/article/jll_q2_report_shows_ongoing_strong_industrial_real_estate_market_trends

Top 20 Lift Truck Suppliers 2022

What a difference a year makes in lift truck sales. While the first hard months of the global pandemic in 2020 blunted demand for new trucks, during 2021, sales were back. Our annual list serves as a useful measuring stick for this year-over-year change, with overall revenue growth in 2021 for those on this year’s list topping 18%. source https://www.supplychain247.com/article/top_20_lift_truck_suppliers_2022

Integrated Business Planning: Powering Agility in a Volatile World

Integrated Business Planning (IBP) aligns demand, supply and finance plans for a clear line of sight across an organization. Discover seven success strategies for your IBP journey. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/integrated_business_planning_powering_agility_in_a_volatile_world2

Building a Digital Supply Chain

New technologies can be transformative, but only if three enablers are in place: high-quality and timely data from the entire supply chain, best-in-class decision support engines and a platform for enabling reimagined processes that break existing organizational silos. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/transforming_and_building_a_digital_supply_chain

5 Parcel Trends in 2022 and Tips to Adapt

As organizations strive to future-proof their supply chains in the future, managers must shift their focus to building flexible, resilient order fulfillment workflows to continue delighting their customers and surpass the competition. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/5_parcel_trends_in_2022_and_tips_to_adapt

PITT OHIO officially rolls out New York State-based direct service

Following an early July announcement in which it said it planned to kick off a New York State service expansion, effective in mid-August, Pittsburgh-based less-than-truckload (LTL), logistics and warehouse services provider PITT OHIO said the expansion is now live. source https://www.supplychain247.com/article/pitt_ohio_officially_rolls_out_new_york_state_based_direct_service

Autonomous Lift Trucks: The human equation

Operations are deploying autonomous lift trucks to offset pressures like rising order volumes and the inability to secure enough skilled operators. The ironic tinge here is that even though industry needs robots, it turns out the robots need people. source https://www.supplychain247.com/article/autonomous_lift_trucks_the_human_equation

The Forrester Wave™: Supplier Value Management Platforms, Q1 2022

In this Forrester Wave™ report, we take a deep dive into a 31-criterion evaluation of supplier value management platforms, we identified the nine most significant ones - Coupa, GEP, Ivalua, JAGGAER, Oracle, SAP Ariba, Workday, Xeeva, and Zycus - and researched, analyzed, and scored them. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_forrester_wave_supplier_value_management_platforms_q1_2022

July’s Cass Freight Index Report points to switch from goods to services spending

July’s shipment reading—at 1.182—declined slightly annually, falling 0.4%, less than June’s 2.3% decrease, and July expenditures—at 4.499 increased 28.2% annually, while falling 3.6% compared to June. source https://www.supplychain247.com/article/julys_cass_freight_index_report_points_to_switch_from_goods_to_services_spe

Threading the Supply Chain Needle

Learn how to break down departmental silos and design resilient and sustainable supply chains. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/threading_the_supply_chain_needle

CJ Logistic’s Mobile Picking Cart System, with W-Navigator

source https://www.supplychain247.comhttps://www.supplychain247.com/article/cj_logistics_mobile_picking_cart_system_with_w_navigator

4 ways lift truck operator training is evolving

Some elements of training programs are a must, like the need for hands-on instruction, but lift truck OEMs are evolving training in areas like providing smaller chunks of classroom content and training people to support deployment of autonomous trucks. source https://www.supplychain247.com/article/4_ways_lift_truck_operator_training_is_evolving

June Freight Transportation Services Index hits new all-time high, reports BTS

June’s Freight TSI reading—at 142.4—topped May’s 140.0 (downwardly revised from an original reading of 140.1), for its highest reading since BTS began tracking it in 2000. This tops the previous high, of 142.0 set in August 2019 after increasing in 19 of the 34 months since that earlier peak, according to BTS. source https://www.supplychain247.com/article/june_freight_transportation_services_index_hits_new_all_time_high_reports_b

ATA: Driver shortage ‘great’ for qualified workers cashing in on ‘free agency of trucking’

Pay for American truckers rose significantly in 2021 as demand for drivers amid the ongoing driver shortage increased competition for talent. That’s according to the results of a new industry survey commissioned by the American Trucking Associations (ATA). ATA estimated there is a shortage of 80,000 drivers among the 3 million holders of a Commercial Driver’s License. source https://www.supplychain247.com/article/ata_driver_shortage_great_for_qualified_workers_cashing_in_on_free_agency_o

How Amazon Is Preparing For Fully-Electric Drone Delivery

Amazon is building fully-electric drones that deliver packages under 5 pounds to customers in less than an hour - watch how they rigorously test every aspect of the technology they build, learn from it, and update the system to keep improving the safety, reliability, and scalability of their delivery service. source https://www.supplychain247.comhttps://www.supplychain247.com/article/how_amazon_is_preparing_for_fully_electric_drone_delivery

Preliminary July Class 8 truck net orders see declines

FTR reported that preliminary July North American Class 8 net orders—at 10,600—dropped to their lowest level going back to November 2021, adding it marked the lowest July tally since July 2019, while falling 33% compared to June and down 60% annually. July preliminary North American Class 8 net orders came in at 11,400 units, well below the June preliminary number, at 25,700 units, reported ACT. source https://www.supplychain247.com/article/preliminary_july_class_8_truck_net_orders_see_declines

National diesel average sees another decline, for the week of August 8, reports EIA

The national average price per gallon of diesel, for the week of August 8—at $4.993—fell 14.5 cents annually, following declines of 13 cents, for the week of August 1, and 16.4 cents, for the week of July 25, which represents the steepest annual decline going back to the week of October 27, 2008, when it fell 19.4 cents, to $3.288. source https://www.supplychain247.com/article/national_diesel_average_sees_another_decline_for_the_week_of_august_8_repor

10 new members Join CSS

The Conveyor and Sortation Systems (CSS) Industry Group of MHI announced the recent approval of Bosch-Rexroth, Banner Engineering, Festo, Gebhardt USA, Leonardo SpA, MHS Global, Regal Rexnord, Ryson International, Talos Engineered Products, and Woodsage LLC's application to join CSS at the 2022 Spring Meetings held May 3, 2022 in Charlotte, NC. source https://www.supplychain247.com/article/10_new_members_join_css

Daifuku Wynright, Stow, and Gebhardt USA join ASRS

The Automated Storage and Retrieval Systems (ASRS) Industry Group of MHI announced the approval of Daifuku Wynright, Stow, and Gebhardt USA's application to join TRG at the 2022 Spring Meetings held May 3, 2022 in Charlotte, NC. source https://www.supplychain247.com/article/daifuku_wynright_stow_and_gebhardt_usa_join_asrs

Building a Business Case for Order Management Automation

In this white paper, we discuss the best way to approach management and key stakeholders with an automation project, through compelling statistics. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/building_a_business_case_for_order_management_automation

Are we in a recession or just living in a world of mixed economic indicators?

With another negative United States Gross Domestic Product (GDP) reading, for the second quarter, at -0.9, following the first quarter’s -1.6 reading, it begs the question of: is the U.S. economy is in a recession? source https://www.supplychain247.com/article/are_we_in_a_recession_or_just_living_in_a_world_of_mixed_economic_indicator

Port Tracker report expects import declines over balance of 2022 and into 2023

For June, the most recent month for which data is available, import volume—at 2.25 million TEU (Twenty-Foot Equivalent Units)—was down 5.9% compared to May’s 2.4 million TEU. May set a monthly import record, going back to when NRF initially began tracking imports, coming in ahead of the previous record, of 2.34 million TEU, set in March. source https://www.supplychain247.com/article/port_tracker_report_expects_import_declines_over_balance_of_2022_and_into_2

Q2 intermodal volumes decline, at a slower rate, reports IANA

For the second quarter, IANA reported that total intermodal volume—at 4,630,400—is down 4.3% annually. Domestic containers—at 2,098,606—are up 4.4%, and trailers—at 230,177—are down 25.2%. All domestic equipment (comprised of trailers and domestic containers)—at 2,328,783—is up 0.2%. ISO containers are down 8.4%, to 2,301,617. source https://www.supplychain247.com/article/q2_intermodal_volumes_decline_at_a_slower_rate_reports_iana

2022 Ocean Cargo Roundtable: Navigating the waves of unpredictability

Shippers now need to reconsider how they position operations in a changing ocean market, how to plan and secure capacity, and how to develop long-term relationships with the most reliable ocean carriers. These are discussions focused on balanced, mutual commitments from all parties in an effort to mitigate future shipping chaos. source https://www.supplychain247.com/article/2022_ocean_cargo_roundtable_navigating_the_waves_of_unpredictability

Enterprise Resource Planning (ERP) gains ground in supply chain management

On track to hit $78.4 billion in revenues by 2026, the global enterprise resource planning market is increasingly making its way into the supply chain management sector, where companies are leveraging their ERPs to both manage the current uncertainty and plan for the future. source https://www.supplychain247.com/article/enterprise_resource_planning_erp_gains_ground_in_supply_chain_management

In wake of Supreme Court’s refusal to review California AB5 ruling, truckers turn to Plan B

The Supreme Court’s refusal to review a legal challenge to California’s so-called AB5 rule that covers classifying independent owner-operators as trucking company employees has large truckload carriers scrambling for a suitable Plan B. source https://www.supplychain247.com/article/in_wake_of_supreme_courts_refusal_to_review_california_ab5_ruling_truckers

Global Risk Mitigation: Using risk assessment tools to evaluate global suppliers

Now that the worst of it seems to be over, it’s time to take action to mitigate any future risk of supply chain disruptions. Developing a tool or using an existing software tool for assessing risk will help identify the weak links in your supply chain—but a tool alone is not enough. source https://www.supplychain247.com/article/global_risk_mitigation_using_risk_assessment_tools_to_evaluate_global_suppl

Transforming the DNA of Your Customer Service Team - a Digital Assistant for the Shared Inbox

This ebook attempts to answer questions by examining recent customer service trends, addressing the elephant in the room (shared inboxes), and exploring the benefits of employing a digital assistant to help your customer service reps work smarter, not harder. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/transforming_the_dna_of_your_customer_service_team

XPO Logistics rolls out leadership transition plan to take effect after planned spin-off

XPO said that Brad Jacobs, Chairman and CEO, will transition to Executive Chairman, as well as Non-Executive Chairman of the spin-off, with acting LTL President and Chief Information Officer Mario Harik will assume the role of XPO CEO, which, at that point, will be a pureplay LTL carrier through the completion of the spin-off and the divestiture of its European business. source https://www.supplychain247.com/article/xpo_logistics_rolls_out_leadership_transition_plan_to_take_effect_after_pla

Sustainability and Recycling – Supply Chain’s Next Great Challenge

In this Episode, Rosemary Coates, Executive Director of the Reshoring Institute, and Cyndy Andela, CEO of Andela Products and Ruby Lake Glass discuss creative ways of thinking about sustainability in your supply chains. source https://www.supplychain247.comhttps://www.supplychain247.com/article/sustainability_and_recycling_supply_chains_next_great_challenge

XPO turns in record second quarter earnings

New records were hit for quarterly revenue—at $3.23 billion—up 1.2% annually (and up 11% when excluding the March sale of its intermodal business), with net income—at $141 million—up 19.9%. Operating income—at $230 million—was up 17%. Adjusted EBITDA—at $405 million—increased 18.5% annually, the highest in XPO’s history, well ahead of previous guidance, at $360 million-to-$370 million. And earnings per share—at $1.81—were up compared to $1.00 for the second quarter of 2021, marking the highest for the second quarter ever for XPO. Free cash flow was at $73 million. source https://www.supplychain247.com/article/xpo_turns_in_record_second_quarter_earnings

How to Implement RFID to Track RTIs

There are different tracking technologies with their strengths and weaknesses, but which one is best suited for efficiently managing a fleet of RTIs across the entire process chain? source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_to_implement_rfid_to_track_rtis

Case Study: BL ident improves warehouse management in Chinese factories

As an external system integrator, China Post Science and Technology Co., Ltd. (CPST) creates strategies for increasing efficiency for numerous Chinese companies. In order to improve warehouse management at national cigarette factories, the specialists have been using the BL ident RFID solution from Turck. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/case_study_bl_ident_improves_warehouse_management_in_chinese_factories

Yellow rides most favorable LTL environment, posts $60 million net profit in Q2

Yellow posted second quarter operating revenue of $1.424 billion and operating income of $99.2 million, which included a $3.2 million net gain on property disposals. In comparison, operating revenue in the 2021 second quarter was $1.313 billion and operating income was $27 million. Yellow’s net income for second quarter was $60 million, compared with a net loss of $9.4 million in the second quarter of 2021. source https://www.supplychain247.com/article/yellow_rides_most_favorable_ltl_environment_posts_60_million_net_profit_in

Services PMI sees gains in July, reports ISM

The Services PMI came in at 56.5 (a reading of 50 or higher signals growth), up 1.4% compared to June, following a slight 0.6% decrease from May to June. The Services PMI showed growth, at a faster rate, for the 26th consecutive month, with services sector growth now remaining intact for 148 of the last 150 months through June, said ISM. source https://www.supplychain247.com/article/services_pmi_sees_gains_in_july_reports_ism

Prevent supply chain disruptions before they happen

Experts from HERE Technologies and FarEye, an intelligent delivery management platform, share how location data can limit disruptions, coordinate inbound and outbound yard traffic, solve blind spots in warehouses and elevate your customer experience. source https://www.supplychain247.com/article/prevent_supply_chain_disruptions_before_they_happen

Services PMI heads up in July, reports ISM

The Services PMI came in at 56.5 (a reading of 50 or higher signals growth), up 1.4% compared to June, following a slight 0.6% decrease from May to June. The Services PMI showed growth, at a faster rate, for the 26th consecutive month, with services sector growth now remaining intact for 148 of the last 150 months through June, said ISM. source https://www.supplychain247.com/article/services_pmi_heads_up_in_july_reports_ism

National diesel average sees another steep decrease, for the week of August 1, reports EIA

The national average price per gallon for diesel—at $5.138—dropped 13 cents, coming on the heels of a 16.4-cent decrease, for the week of July 25, to $5.268 per gallon, the steepest annual decline going back to the week of October 27, 2008, when it fell 19.4 cents, to $3.288. source https://www.supplychain247.com/article/national_diesel_average_sees_another_steep_decrease_for_the_week_of_august

Körber is a Leader in the 2022 Gartner® Magic Quadrant™ for Warehouse Management Systems

Kӧrber views 2022 Gartner® Magic Quadrant™ recognition as a testament to end-to-end capabilities for customers worldwide amid increasing supply chain complexity. source https://www.supplychain247.comhttps://www.supplychain247.com/article/koerber_is_a_leader_in_2022_gartner_magic_quadrant_for_wms

Driving Supply Chain Efficiency with Digital Order Management Automation Solutions

After years of supplier shortages, demand fluctuations, increased operating costs, and liquidity pinches, supply chain leaders face a crossroads - either maintain the status quo and hope for the best or reevaluate their business model to ensure they can weather the next storm. source https://www.supplychain247.comhttps://www.supplychain247.com/article/driving_supply_chain_efficiency_with_digital_order_management

LaserShip and OnTrac set sights on new national transcontinental delivery service

Following their late 2021 announcement, in which Vienna, Va.-based LaserShip, the largest regional e-commerce parcel carrier and last-mile delivery services provider, and Chandler, Ariz.-based regional shipping services provider OnTrac, announced they had entered into a definitive agreement to merge, with LaserShip acquiring OnTrac for $1.3 billion, the companies last week stated they are taking a major next step in the process. source https://www.supplychain247.com/article/lasership_and_ontrac_set_sights_on_new_national_transcontinental_delivery_s

Why a Lack of Supply Chain Visibility is Costing Your Business

Today, visibility is not just a convenient systems upgrade, it’s part of a greater movement to adopt a more unified perspective of the supply chain, however, despite growing complexity, there’s still a lack of end-to-end visibility. source https://www.supplychain247.comhttps://www.supplychain247.com/article/why_a_lack_of_supply_chain_visibility_is_costing_your_business

Making the Case for Next-Generation Forklift Power Sources

When warehouses and DCs make the shift to lithium-ion batteries over traditional lead-acid batteries, they experience lower maintenance costs, longer run times, increased performance, faster and more efficient charging, and less downtime. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/making_the_case_for_next_generation_forklift_power_sources

Passage of $280 billion chips bill seen as aiding truckers seeking replacement vehicles

For the first time in quite a while, Washington is in the chips. Computer semiconductor chips, that is. Congress late last week passed a bipartisan $280 billion package of subsidies and research funding to increase America’s international competitiveness in the high-tech sector. It is designed to make the U.S. less dependent on Taiwan for production of the ubiquitous wee chips that are critical to U.S. competitiveness. source https://www.supplychain247.com/article/passage_of_280_billion_chips_bill_seen_as_aiding_truckers_seeking_replaceme