Latest in Supply Chain
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Founding Supply Chain 24/7 Content Director Has Passed Away
September 21, 2023
With deep sorrow, we share the news of the passing of our esteemed team member, Clive Purchase.
Integrated Warehouse Solutions acquires Pioneer Dock Equipment
September 21, 2023
Pioneer designs and manufactures a wide range of loading dock equipment including dock levelers, vehicle restraints, edge of docks, seals, and shelters.
FedEx reports mixed fiscal first quarter earnings, with Ground up 3%
September 21, 2023
Quarterly revenue—at $21.7 billion—was down 7% annually, and operating income—at $1.49 billion—increased 25%. Net income, at $1.08 billion, topped the $875 million recorded for the same quarter a year ago. Adjusted earnings per share came in at $4.23, up 24% annually and topping Wall Street expectations, at $3.70.
Ryder announces the official entrance of its BrightDrop Zevo 600 electric vans
September 21, 2023
Earlier this week, Miami-based Miami-based freight transportation and logistics services provider heralded the initial rollout of its BrightDrop Zevo 600 electric vans at four strategic facilities in California, Texas, and New York.
Bank of America Introduces Digital Supply Chain Finance Platform
September 21, 2023
Bank of America is adding a supply chain module to its popular CashPro Trade platform, enabling faster processing of financial transactions for global supply chains.
Success in Volatile Markets: How High-Tech Companies can Optimize Their S&OP Process
September 20, 2023
Join our webinar, hosted by Adrian Wood and Robert Oliver from Dassault Systèmes, to discuss an integrated approach to S&OP and how advanced modeling and optimization capabilities allow you to achieve key results:
How to Avoid the Pittfalls of Contract Management in Telecom and High-Tech
September 20, 2023
This white paper explores how organizations in high-tech and telecom industries can navigate challenges, improve contract management efficiency, and build a robust risk mitigation strategy.
ATA August tonnage readings are mixed
September 20, 2023
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for August, came in at 115.3 (2015=100), for a 0.2% gain over July. July saw a 1.1% sequential gain, which was revised from an initial reading of 112.9, for a 0.8% decrease, reported by ATA on August 22 and a 0.3% June decline, which registered a 113.8 reading.
No surcharge for holiday packages, USPS says
September 20, 2023
With an eye on the 2023 peak shipping season, the United States Postal Service (USPS) said it would not implement any additional surcharges on holiday shipping.
USPS is gearing up for Peak Season, says it will not levy a holiday surcharge
September 20, 2023
The USPS cited various investments it has made, in advance of the 2023 Peak Season, including: hiring 10,000 seasonal employees; utilizing 348 new package sorting machines; increasing daily processing capacity to approximately 70 million; moving 95% of volume via more reliable ground transportation, for First Class Mail and more than 95% of First-Class packages; and its new USPS Ground Advantage Shipping Service
Talking Supply Chain: Is Generative AI the future of the supply chain?
September 20, 2023
Combining natural language processing and machine learning, Generative AI is quickly becoming a necessary companion to supply chain operations.
August U.S.-bound shipments see another month of declines, reports S&P Global Market Intelligence
September 20, 2023
August imports, at 2.88 million TEU (Twenty-Foot Equivalent Units), were down 12% annually, and were ahead of July’s 2.53 million TEU and June’s 2.43 million TEU. This marked the 13th consecutive month of annual declines. On a year-to-date basis through August, imports are down 14.8% annually, at 18.82 million TEU.
Port Everglades: Expansion and Sustainability Efforts for the Future
September 20, 2023
Jonathan Daniels, CEO and Port Director for Port Everglades joins Michael Levans, Group Editorial Director of Peerless Media’s Supply Chain Group in a discussion revolving around the port’s continued expansion and sustainability efforts.
Körber celebrates partnership milestone with robotics provider Geek+
September 20, 2023
Software provider Körber and Geek+ mark third year as partners, noting 30 implementations in eight regions and thousands of bots deployed.
IAM Robotics rebrands to Onward Robotics
September 19, 2023
Mobile robotics company rebrands to mark its next chapter, reinforcing its mission to improve order fulfillment by coordinating humans and robots as a cohesive system.
LM reader survey points to strong possibility of the economy entering into a recession
September 19, 2023
More than 50% of the survey’s respondents stated that the economy will enter into a recession within the next six months. As for reasons why this may be the case, responses included: high interest rates; high balances on credit cards; inflation; lower consumer demand; and high gasoline prices, among others.
August intermodal volumes see another month of declines, reports IANA
September 19, 2023
Total August volume, at 1,463,123 units, decreased 7.5% annually, faring better than the 9.8% annual decrease seen in July.
National diesel average rises for the ninth consecutive week, reports EIA
September 19, 2023
For the week of September 18, EIA reported that the national average climbed 9.3 cents, to $4.633 per gallon, following a 4.8-cent increase, for the week of September 11, to $4.50 per gallon.
Moody’s: Carbon Offsets Open Supply Chains Up to Financial, Reputational Risks
September 19, 2023
A new report from Moody's finds that companies that rely on buying carbon offsets as an emisisons-reduction strategy could face financial and reputational harm.
Agility Robotics readies RoboFab, a 70,000 square foot factory for producing its humanoid robots
September 18, 2023
Located in Salem, Oregon and set to open later this year, the factory will have the capacity to eventually produce than 10,000 of Agility's 'Digit' bots annually.