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Supply Chain & Logistics News (October 28th – 31st) A day late but, Happy Halloween! Now let’s get to the Supply & Logistics News for the week: Third Wave Automation Raises $27 Million in Series C Funding Led by Toyota’s Woven Capital Union City, Calif. billion dollars on Halloween candy this year.
This week: DP World sees big logistics opportunities across Latin America; Aerospace manufacturer plans $120M expansion in Texas; and Third-party logistics provider plans warehouse near Houston. The company also provides logistics solutions, maritime services and free trade zones. in both directions,” Donohoe said.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
In “Navigating the Numbers: Tariffs, AI, and The Future of Supply Chains”, Joe Lynch and Corey DeSantis , BDO’s Logistics and Transportation Subject Matter Expert, discuss the evolving landscape of global trade, the transformative power of artificial intelligence, and strategies for building resilient supply chains for tomorrow.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Manufacturing plants are deeply entrenched; tied to infrastructure, suppliers, skilled labor, and regulatory requirements.
(TSX: KXS) an end-to-end supply chain orchestration, today announced a new partnership that will deliver improved alignment of supply chain plans with business objectives and strategies for midmarket discrete manufacturing companies. Were thrilled to partner with Infor to help manufacturers be more agile and resilient in the long term.
Anne is the President & CEO at the Intermodal Association of North America (IANA), North America’s leading industry trade association representing the combined interests of the intermodal freight industry. She received a B.A. from Rice University in Houston, TX and a J.D. from Wake Forest School of Law in Winston-Salem, NC.
Transforming how goods are moved in America Auroras flagship product, the Aurora Driver , is an SAE L4 self-driving system that is first being deployed in long-haul trucking. 1 for technology and innovation, and that continues as we welcome America’s first self-driving trucks. Trucking is a trillion dollar industry in the U.S.
trade with Mexico rises to $74B in May; Redwood Logistics opens office in Queretaro, Mexico; and Franke Group opens production plant in San Luis Potosí, Mexico. Redwood Logistics opens office in Queretaro, Mexico Redwood Logistics has opened an office in Querétaro, Mexico, expanding its presence in the country. This week: U.S.
SAN DIEGO – Samsara announced its 2025 North America Customer Advisory Board on Monday as the company kicks off its Samsara Beyond event. Winners demonstrated measurable operational transformations across industries, from transportation and logistics to government and education. million annually by reducing wasted mileage by 25%.
. … [This realignment is] driven by geopolitical uncertainty which is likely to grow with the ‘America first’ policies of the new administration in the United States.”[2] Third-party logistics providers are expected to face heightened cybersecurity threats.” 4] Inside Logistics, op.
Kristina and the Bettaway team are big supporters of Wreaths Across America. As Director of Operations at Bettaway and Director of Business Development at PalletTrader, Kristina brings energy, creativity, and a drive for results to the world of logistics and supply chain. Bettaway Pallet Systems, Inc.: Bettaway West, Inc.:
manufacturers have spent the last few decades consolidating production at gigantic offshore plants, especially in China. But for many, rising tensions between trading partners, coupled with higher labor and logistics expense, have made that strategy untenable. It could even entail some degree of domestic production.
This week: Supply chain invest in new cross-border facilities; Japanese industrial supplier investing $5M in Mexico expansion; and Benchmark Electronics opens manufacturing facility in Guadalajara, Mexico. global logistics firms and businesses continue to invest in supply chain facilities to accelerate cross-border commerce.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. For logistics professionals, understanding how these changes impact freight networks is critical to staying ahead. China trade tensions driving businesses to reconsider offshore manufacturing. Midwest U.S.
These decentralized networks aim to boost flexibility, reduce risk, and improve responsiveness, aided by technologies such as blockchain, AI-driven logistics, and expanded visibility into supply chains. The company reduced its manufacturing dependency on China by approximately 80% in response to increasing tariffs and operational risks.
ToolsGroup customer Suministros & Alimentos , a leading Central American food distribution and logistics provider, with regional coverage across Guatemala, El Salvador, Honduras, and Nicaragua, will showcase how it uses technology and AI to predict demand and track shipments in real time to optimize the supply chain, ensure product quality.
.” Key takeaways from the latest e2open Ocean Shipping Index report covering the fourth quarter of 2024 include: Actual transit times contributed heavily to YoY duration increases, with Asia to Europe (+12 days) and South America to North America (+11 days) routes showing the largest impact.
Exports from South America to Asia averaged 87 days, an increase of six days from last quarter and up 15 days from Q2 2023. Asia to South America averaged 78 days, an increase of three days from last quarter and up 10 days from Q2 2023. Europe to Asia averaged 84 days, the same duration as last quarter but up 11 days from Q2 2023.
The company has a network of over 900,000 beauty consultants across Latin America and the Caribbean, providing entrepreneurial opportunities while delivering top skincare and cosmetic products directly to the customer. Our SO99+ is a sophisticated supply chain planning solution leveraging advanced probabilistic and optimization algorithms.
The workforce reductions are tied to companies operating in sectors such as trucking, warehousing, logistics, food suppliers and manufacturing. 12 768 Blue Diamond Growers Sacramento, California Almond growers cooperative Closing almond processing and manufacturing operations Sept. In the U.S., Globe Motors and Geodis Inc.,
Across partners, objectives for delivering on-time and in-full can also be at cross purposes with keeping costs low, both from an inventory carrying perspective, as well as from a logistical perspective. In one role I had, I was a supplier managing the reverse logistics and repairs of a global cellphone OEM – hundreds of thousands per month.
Asia to South America performed the same, up 12 days from the comparable quarter last year, averaging 83 days. South American shipments headed to North America had an average transit time of 63 days, up seven days form last quarter and 12 days year-over-year. Actual transit time of nine days is the most significant contributor.
That includes everything from raw materials and manufacturing to packaging and logistics. In North America, 81% of consumers said they would stop buying products from brands they learned were harming the environment. Known as Scope 3 emissions, these are also the most difficult to measure and manage.
In North America, Mexico had the most overall cargo theft incidents at 63% during the quarter, the U.S. To protect themselves against theft and fraud, Pelli recommended companies and logistics professionals do their due diligence on carriers. accounted for 32% and Canada had 3%, according to BSI’s second-quarter report.
Billion Acquisition of e2open Australia based logistics software provider WiseTech, developer of logistics execution software CargoWise , announced an agreement to acquire U.S. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 WiseTech Announces $2.1 million in total revenues, a decline of 4.8
US Bank cited weaker manufacturing activity and harsh winter weather as being behind much of the falling trucking demand in declining regions. It also noted that weaker demand from Canada and a 30% fall in housebuilding starts as additional factors in the Midwest region.
In 2023 , a worker strike among delivery and logistics workers at parcel carrier UPS was characterized by The Wall Street Journal as being “ the largest collective bargaining agreement involving a private employer in North America.” economy and for industry supply chains.
The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Uur geographic position means we have to think differently about nearshoring.
The recent port strike, the closed shipping lane that forced a shift to air transport, the bridge that blocked a port, even the grid brownout that slowed manufacturing, might have seemed like random disruptions. Who manufactured the switchboard that powers your grid? Your supply chain is already directly in the line of fire.
Each tier, from raw-material providers to logistics firms, relies on predictable, timely cash flow. Consider a manufacturer waiting on a $70,000 payment that’s already 45 days overdue. Steve Carpenter is chief operating officer of Creditsafe North America. Supply chains don’t operate in silos.
In today’s competitive market, every drop of efficiency in extraction and logistics fuels innovation across supply chains, ensuring that products reach consumers faster and at lower costs. Oil and gas production is more than just an energy source—it is the backbone of modern industrial progress and global trade.
A significant portion of the worlds lithium reserves is concentrated in South America, particularly in Chile and Argentina. Manufacturing and Production: Scaling up battery production to meet growing demand presents logistical and technical challenges.
As companies across North America and Europe reconfigure their supply chains to reduce dependency on overseas operations in the wake of recently announced tariffs, there is a growing need for fully transparent, granular, and holistic visibility into manufacturing and supply chain operations as a whole. ThroughPut.AI
Reported April 24 Over 60% of our business is from products that are manufactured, bagged, assembled or grown in the United States and only 12% of our business is direct imports. We manufacture a significant amount of outdoor hand tools, storage, and engineered fasteners in America. billion to $1.6 Christopher J.
Most recently, he served as President, Tech Mahindra Americas, Strategic Vertical Business, where he led one of the company’s largest business units, overseeing strategy, innovation, and expansion of a multibillion-dollar footprint across critical industry sectors. He is also a member of the Mahindra Group Executive Board.
SAP RISE Program’s Concealed Cost Increases In a published commentary earlier in June, Executive Editor Bob Ferrari highlighted observations of enterprise and Cloud ERP provider’s annual Sapphire North America customer conference.
There are several key issues with scaling the production of electric freight trucks: High Production Costs: Electric trucks are currently more expensive to manufacture, primarily due to battery production costs. Supply Chain Issues: The materials needed for batteries (lithium, cobalt, etc.)
Our robust and innovative solutions cater to large enterprises across diverse industries, including retailers, manufacturers and logistics services providers. Operating across North America, Western Europe, and the APAC regions, Blue Yonder has established a strong presence that underscores our commitment to serving a global clientele.
The topic/report will be on the logistics M&A so far this year. That was because we do manufacture in China, but mostly for goods sold within China. Outside of that, our top sourcing regions of Southeast Asia and Central and South America in aggregate account for about 85% of what comes into the U.S. 😉 Thanks!
These services focus on improving operations in functions that have physical assets, such as manufacturing, warehousing and logistics. Bristlecone is headquartered in San Jose, California, with locations across North America, Europe, and Asia. It is part of the Mahindra Group. Learn more at www.bristlecone.com.
Even today when one reads the numerous articles about the benefits of manufacturing or assembling in Mexico, most of them highlight Mexico's low-cost labor and, of course, its proximity to the US market. But what does it all mean for those shippers and manufacturers that rely on cross-border trade between the two countries?
Enhanced Capabilities through Strategic Acquisitions Our transportation management solutions offer end-to-end global transportation management, complemented by logistics solutions such as Warehouse Management and Yard Management solutions. Johnny Ivanyi, Global Head of Logistics Operational Excellence, Bayer.
Startup Mexican airline Awesome Cargo, which provides dedicated aircraft and flight service to logistics companies and other customers, has taken delivery of its first fully capable freighter aircraft after operating two light-duty freighters since its inception 18 months ago. which is leasing the plane to Awesome Cargo.
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