article thumbnail

Supply Chain Digitization Gains Favor as Disruptions Continue

Logistics Viewpoints

Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Passing costs onto consumers is often not viable and, in some cases, has already occurred due to supply chain shortages.

article thumbnail

This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

aims to block from obtaining American high technology. Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment. The company plans to invest $140 million in the initiative in 2023 as it implements the technology at its 940 remaining U.S.