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This Week in Logistics News (October 21 – 27)

Logistics Viewpoints

In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation. The shifting numbers could be seen at the Port of Los Angeles, where cargo volume increased for the second consecutive month compared to 2022.

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This Week in Logistics News (June 11 – 17)

Logistics Viewpoints

Overstock is ready to take advantage of inventory glut. However, the company announced earlier this week that Amazon Prime customers in Lockeford, CA, will start receiving package deliveries by drone later this year. In case you haven’t heard, there is an inventory glut that is becoming problematic for some retailers.

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Chill Pill Has a Whole New Meaning for Pharma Supply Chain

Aera Technology

Meanwhile, pharma companies are still trying to iron out distribution and inventory complexities that cause another $25 billion in excess inventory – in a nutshell, the new drugs are complex proteins and if they’re not properly handled every step of the way to market, they’ll go bad!

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

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.