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I thought this was a very topical introduction to this week’s Supply Chain and logistics news Canadian Railroad Work Stoppage Threatens U.S Volvo Wins Bid for 300 Electric Trucks from DSV Announced on Thursday, Volvo received an order for 300 electronic trucks from Danish logistic firm DSV.
They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. ” Logistics optimization. ” Sourcing optimization. Footnotes [1] Staff, “ Supply Chain Optimization: What does it mean in 2019 and beyond?
Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. Figure 1: U.S.
And now on to this week’s logistics news. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials. California is a major logistics hub for these items.
And now on to this week’s logistics news. Logistics companies are reversing their hiring binge. The impact of the COVID-19 pandemic followed by supply chain disruptions around the world has sparked a resurgence of companies bringing sourcing and manufacturing back to the United States or closer to U.S. Amazon.com Inc.
And now on to this week’s logistics news. Earlier this week, the company announced that it will acquire Italy’s Bomi Group, which provides global healthcare logistics services. It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. 7-Eleven acquires Skipcart delivery service.
Logistics Industry Outlook with John Larkin. John Larkin and Joe Lynch discuss the logistics industry outlook. John Larkin was named an Operating Partner at Clarendon Capital in May of 2019. Clarendon remains 100% focused on the transportation & logistics industry, broadly defined. About Clarendon Capital.
GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019. Robinson and Echo Global Logistics. Bob Farrell, Chairman and CEO of GlobalTranz. Echo’s revenues increased 41.9%.
[link] pic.twitter.com/d9AjhfPNN1 — Daniel Sinclair (@_DanielSinclair) April 25, 2019. For related commentary, see Drones – The Birth of a New Transportation Mode and Netflix Developing Original Series About Logistics Called “D is for Drones”. Honestly, this depressed the heck out of me. The First Drone Airline.
The Green Corridor – Logistics’ Role In Preventing The Next Pandemic. I’m not talking about how shipping and logistics are key in keeping the supply chain connected during global health crises so we can keep essential supplies like medicine, food, and toilet paper moving. by Tim Foote, Founder of Susymbio.
Walmart originally set the target in the summer of 2019, a couple months after unveiling plans for a new 350-acre corporate campus. And now on to this week’s logistics news. The post This Week in Logistics News (March 25 – 31) appeared first on Logistics Viewpoints. That’s all for this week.
Five Year Performance on Business Goals (2019 – 2023) Looking at 2024 Priorities When it comes to organizational priorities across supply chain functions for 2024, APQC finds that supply chain planning remains in the top spot for the fifth year (selected by 90 percent of organizations).
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.
Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. A leading logistics service provider was among the many companies that saw its operations affected by the pandemic.
Moving on to this week’s supply chain and logistics news… Truckers gridlocked at U.S.-Mexico Robinson (a Talking Logistics sponsor), shared some good advice in a blog post this week. The post This Week in Logistics News (April 1-5, 2019) appeared first on Talking Logistics with Adrian Gonzalez.
I got started just as the dotcom craze was taking off, with new logistics startups coming to market every day (all of them announcing they were “The world’s leading provider of X” even though they were just a few months old). Source: Google. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends).
336,500 TEUs were transported from China to the EU by rail in the first six months of 2021, that is 44% more than 2020 and 99% more than in 2019. In terms of trade, these are not critical, single-sourced Tier 1 inputs needed in manufacturing. Because of this, they are predicting rates will skyrocket for Ocean and Air.
While New Coke would linger for quite some time, it was discontinued in 2002, with a limited re-release in 2019. And now on to this week’s logistics news. In total, the company will source enough renewable energy in Europe to power the equivalent of more than two million homes a year. That’s all for this week.
Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology. Additionally, they are tracking 5 billion pounds of goods back to their original source to ensure a wide variety of compliance standards are met.
That’s why I was pleased to discuss some of the most critical trends with industry veteran Doug Surrett, Chief Product Strategist at BluJay Solutions , in a recent episode of Talking Logistics. Last-mile logistics. Shifting gears, I asked Doug about the impact of e-commerce and last-mile logistics. Global trade challenges.
alternate sourcing strategies), while others are potentially negative (e.g. Emerging technologies play a role in managing disruption and are driving change in the transportation and logistics industries. Business logistics costs as a percentage of GDP is currently 7-8% in United States. So when we talk a lot about Industry 4.0
At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We
In fact, retail and other verticals such as logistics providers (parcel) experienced rapid growth from 2019 – 2021. For example, there is a limited supply of logistics service providers with the desired capabilities in China, compared with a rapidly growing e-commerce market. Growth Inhibitors. Project Cancellations and Delays.
For example, Volkswagen is halting production at two electric vehicle plants in Germany as a result of interruptions of components sourced from Ukraine. According to the Observatory of Economic Complexity (OEC), Ukraine’s top exports (2019) are agricultural commodities such as wheat, corn, and seed oils; iron ore, and iron.
The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis, with 2019 revenues of $191.5M, is flush with cash and slow to invest. JDA posted revenues of SAS recurring revenues of $222M in 2019. For Llamasoft it is sourcing rationalization and risk management network design.
times a month’s sales, a low for the period since January 2019 included in the chart. These sources, and others, indicate acute supply constraints in certain areas, such as automotive, and other factors that appear to be more widespread, such as labor constraints. Final Word.
John is Strategic Advisor of Transportation & Logistics at Clarendon Capital , a private equity sponsor focused on developing investment opportunities and providing strategic advisory services to the transportation, logistics and distribution sectors. John Larkin was named an Operating Partner at Clarendon Capital in May of 2019.
In December of 2019, the global grocery retailer Ahold Delhaize announced it was investing $480 million to transform and expand its US supply chain operations to support a strategy to transition the supply chain network into a fully-integrated, self-distribution model. Sources of Efficiency.
Dear Community, If you care about our company and/or the freight and logistics industry (which we really hope you do!), Our community of passionate freight and logistics leaders is the backbone of our company – and the reason why we are so excited about this news. What’s Ahead in 2019. It’s better. Have a tip or lead?
billion in 2019. Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 Vanderlande is a member of Toyota Industries Corporation within the Toyota Advanced Logistics Group. KNAPP offers integrated warehouse systems and logistics software solutions. Well, I am saying it.
In 2018 and 2019 there were two fatal crashes of the 737 Max 8. Instead of developing the aircraft in-house and sourcing parts from suppliers,” Dr. Tang explained, “Boeing decided to outsource 70% of the design, engineering and manufacturing of entire modules to over 50 strategic partners.” There have been other incidents.
Since 2019, nearly 70% of supply chain leaders have been constantly responding to disruption. Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte. Feeling overwhelmed?
We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. Companies will also look to shorten and localize supply chains.
The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] These advancements demonstrate how logistics connect the world — and always have.”[2]
This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.
By the end of 2019, Autoliv realized that there were new technologies and supply chain risk management providers that could promote a competitive advantage in their risk management program. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.”
Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Logistics can be a challenge. The cost reduction includes sourcing, customs & duties, transportation, production, and inventory holding costs.
The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. Be A Good Shipper.
For instance, Maersk and CMA CGM are building end-to-end logistics capability chains, while over USD 6bn was invested by VC investors in freight marketplaces alone through 2019. Conversely, new players like Amazon and Alibaba have revolutionized not only the retail but also the logistics industry. Source: US Census Bureau.
The February reading in the New York Fed’s Global Supply Chain Pressure Index was -0.26, reaching negative territory for the first time since August 2019. In October of 2019, I wrote about the food supply chain being at risk. But chicken and eggs are not the only protein source that has been facing supply chain shortages.
See performance for the past week, month and year for each stock and the whole index in the chart below: Source: SCDigest Feedback No Feedback on this article yet. CDC/TradeBeam Cognizant Techn Compliance Netw Cornerstone Sol DiCentral Dow Jones E2Open EnVista Epicor Hempstead Consu IBM/ILOG IHS iSuppli Infor Infosys Inside ERP INSIGHT, Inc.
This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." Ryan, Descartes' CEO.
Five Forces Reshaping Logistics as We Know it. Because warehousing and transportation represent significant cost centers, intelligent logistics decisions are critical. Forget what you knew about logistics. Supply chain technology investments were once delegated to a specific function such as procurement or logistics.
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