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Hurricane season 2024: how to prepare your supply chain

Resilinc

Outlook for hurricane season 2024 This year, hurricane season starts June 1, 2024, and ends November 30, 2024, and will primarily affect the Atlantic Ocean, the Gulf of Mexico, and the Caribbean Sea. Flooded or closed roadways, bridges, and overpasses can delay freight, rail, and even air cargo.

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Key Takeaways From the 2024 Finished Vehicle Logistics Conference

BlueYonder

As vehicles become more connected, autonomous, electric, and customizable, automotive manufacturers are increasingly evolving into technology companies. Unlike traditional manufacturers, technology companies operate with greater agility and responsiveness. This necessitates manual rescheduling and expedited procurement of parts.

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The Benefits of Onshore Supply Chains

ivalua

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.

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This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail. Mexico trade.

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Aborn Viewpoint on Old Dominion revenue drop

Freight Plus

It’s indicative of a soft freight market, a drop in industrial production, and lower world oil prices. Industrial production accounts for 55%-60% of ODFL’s mix and domestic manufacturing overall is in contractionary territory. Russ Aborn: It could be that they are culling the freight that is not as profitable as they’d like.