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The need to know

EFT

Union Pacific, Norfolk Southern explore cross-continental railroad merger, source says Union Pacific (UNP.N) , the largest U.S. freight railroad operator, is exploring a possible acquisition of Norfolk Southern (NSC.N) to create a $200 billion coast-to-coast rail network, a person familiar with the matter said.

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Amazon’s Announced New Partnership with FedEx

Supply Chain Matters

Steiner is a current FedEx board member and has been so since 2009. FedEx’s contract as the primary air cargo provider for the USPS expired in September 2024, and was not renewed. UPS replaced FedEx as the primary air cargo provider at that time.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009.

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

Supply Chain Matters

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. billion relative to its initial 2023 business plan.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

percent drop in cargo volumes. In the specific case of UPS , the carrier and logistics services provider has now been forecasting a decline in annual revenues since the recession of 2009. Hapag-Lloyd , the fifth largest container line by capacity reported a 33 percent decline in revenues in its first quarter with a 4.9

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. About 40% of VF Corp’s production is sourced from the Americas, more than double the industry average. million items each day.

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Ocean Freight Procurement and Going with the Stream

Freightos

Not that long ago, they were the only way people listened to music, peaking at 23 million units sold in Q1 2009. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. Source: SGX, Freightos Baltic Index. Remember iPods?