| Apple’s new carbon-neutral pledge is likely to reverberate across electronics supply chains. The company says its mostly overseas supply chain will be part of an effort to slash its world-wide carbon footprint, the WSJ’s Sarah E. Needleman reports, in a plan aimed at having every Apple device by 2030 to be produced with no net release of carbon into the atmosphere. The company’s initiative means that it will work to transition its manufacturing suppliers to renewable sources of electricity to power their operations. One expert says Chinese manufacturers that hope to continue working with Apple will now need to consider changing how they operate to satisfy the company’s environmental-related ambitions, which would also shift operations for goods that piggy-back on the sprawling Apple supply chain. It’s unclear, however, how far Apple’s commitment will reach into its shipping operations, which rely heavily on air transport to handle its high-value components. |
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| A Gartner report shows women taking a greater share of top corporate supply-chain roles but falling behind in lower executive posts. (WSJ)
The parent company of Men’s Wearhouseand Jos. A. Bank menswear stores is considering closing as many as 500 retail locations. (WSJ) Coca-Cola believes the biggest pandemic challenges are behind the beverage company after sales rose in May and June. (WSJ) Lockheed Martin raised its full-year outlookafter the defense contractor overcame supply chain disruptions in the second quarter. (WSJ) Boeing Co.’s MAX isn’t likely to resumewidespread passenger flights until early next year—nearly two months beyond previous expectations. (WSJ) Federal Reserve officials are set to discuss next week how to provide more economic stimulus, though they have signaled comfort leaving policy on hold. (WSJ) South Korean steel maker Posco is closing a 50-year-old mill under declining demand. (Nikkei Asian Review) Amazon now expects to need twice as many workers at a North Carolina fulfillment center than earlier anticipated. (Charlotte News & Observer) Candy maker Hershey is building a 810,000-square-foot distribution center in Lebanon County, Pa. (Patriot-News) The Intermodal Association of North America says international intermodal container volumes fell 13.2% in June from a year ago. (Logistics Management) Freight forwarder Kuehne + Nagel International’s second-quarter operating earnings fell 28.5% as a steep decline in ocean volume pushed overall revenue down 11.9%. (Lloyd’s List) Wilhelmsen Ship Management and Germany’s MPC Capital will combine their container ship management departments under a joint venture. (ShippingWatch) Trucker Schneider National is investing an unspecified amount in software startupMastery Logistics Systems led by Coyote Logistics founder Jeff Silver. (DC Velocity) The share of companies in an annual survey that said they have automated reporting or handling processes fell to 15% this year. (Modern Materials Handling) |
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| Paul Page is editor of WSJ Logistics Report. Write to him at paul.page.
Follow the WSJ Logistics Report team: @PaulPage, @jensmithWSJ, @CostasParis. Follow the WSJ Logistics Report on Twitter at @WSJLogistics. |
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– Bob
Operations and Supply Chain Management 