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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds. percent year-on-year decline in cargo revenues in 2023 to $1.5bn. After registering a 9.3

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The Green Corridor: Looking for the Green Lining

The Logistics & Supply Chain Management Society

The Green Corridor: Looking for the Green Lining by Timothy Foote, Director Transportation & Network APAC at Asendia and Founder of Susymbio 2023 is soon enough to end, and the transformation to a clean logistics future moves forward. Have a great end to 2023! I hope you all do as well.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

In early 2023 three major ocean alliances were operating: The 2M Alliance is a partnership between two of the world’s largest shipping companies, Maersk Line and Mediterranean Shipping Company (MSC). The alliance was formed in 2014 and covers major shipping routes between Asia, Europe, and North America.

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. With 2023 ready and raring to go, here are the eight news updates and trends happening in the industry that’s always moving.

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PepsiCo’s Massive, Complex, and Difficult Greenhouse Gas Initiative

Logistics Viewpoints

But in North America, distribution is predominately through their company-owned fleet. There are continuing efforts to reduce the weight of their tractor and trailers in North America. PepsiCo Foods North America introduced tractors with liftable tandem axles which can lift the second axle if the load is not too heavy.

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Keeping Up with Consumers

Enterra Insights

Trying to paint a picture of the current consumer packaged goods (CPG) space would require an artist experienced in abstract impressionism. … ‘Consumer spending remains resilient in the first few weeks of 2023,’ says Steve Sadove, Mastercard senior advisor and Former CEO of Saks, Inc. YoY in January in the U.S.,

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Stord Honored by Veritiv as 2022 Truckload Carrier of the Year

Stord

Atlanta, GA, February 22, 2023 – Stord , the leading Cloud Supply Chain provider, has been awarded Veritiv’s 2022 Truckload Carrier of the Year. About Veritiv Veritiv Corporation (NYSE: VRTV), headquartered in Atlanta and a Fortune 500® company, is a full-service provider of packaging, JanSan and hygiene products, services and solutions.