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Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.
Image source: Cape Analytics. Labor shortages and transportation struggles as a result of the pandemic impeded production even further, resulting in a true chlorine shortage. Chlorine production was burned again in January 2022, when yet another fire damaged a pool supply plant in NewJersey. between 2021 and 2026.The
The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. The future robotics market looks strong worldwide as many sectors seek answers to labor shortages, the Interact Analysis report said. s CargoNet.
As a result of mediated collective bargaining, port operators agreed to raise their offer of wage hikes to a 62 percent increase over six years of a new contract ending the three day walkout. Some industry reports point out reluctance to route January 2025 import volume via east coast ports because of ongoing uncertainty.
We normally do our Talking Logistics episodes on Tuesdays and Thursdays, but we have one today at 12 ET with Alaster Love from Transplace, where we are going to discuss “ Big Data and Analytics in Oil and Gas Transportation.” September 2014 Freight Transportation Services Index (TSI).
The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. The September 2016 decision mapped out a clear new direction. Maersk would split into two divisions – a Transport & Logistics division, and an energy division. Maersk 2019 Annual Report.
MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Manhattan Associates Empowers Warehouse Managers With New E-Commerce Capabilities. McLeod Software Unveils New Business Process Automation Solutions for Logistics Companies. Marten Transport Ltd. Analysts at Stifel Inc. Hub Group Inc.,
Correspondent Bill Whitaker ( @BillWhitakerCBS ) reported, “Getting the goods from here to store shelves is proving to be a lot more daunting. These boxes were called ‘Transporters.’ Rather, it was to reorganize and link intermodal transport by land and sea in a way that no one else had realized before.
This dispute has left a damaging effect on our industry—causing extreme delays and millions in lost sales,” the American Apparel & Footwear Association said, as reported in the WSJ. “If It said that if it takes two months for the ports to become fully operational, the window for shipping this season’s crop will have closed.
Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. The First: The Transportation Era (1950s). The Fourth: Transportation, Deregulation, Physical Distribution and Business Logistics (1980s). The 1950s – The Transportation Era. .
Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Constant disruptions aren’t anything new. What’s Happening: Shipping Disruptions Continue.
Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Nippon Express owns more than 31.7
Labor Groups Call for Better Warehouse Working Conditions in NewJersey (WSJ – sub. As reported by Bloomberg, “Theresa May’s government has told supermarkets to keep as much stock as possible in warehouses around the country in case the U.K. Same-Day Delivery Now Made Easy with ProShip’s Integration with Deliv.
Looking over the past year, only one third (36%) of FCL freight quotes are saved with a weight.This reporting percentage is consistent by company size as well – the combined percentage for top 20 global forwarders is about the same as for the mid-sized forwarders. But the range balloons out when comparing companies. Logistics Providers.
Here packaging is so much more than a vessel for transporting goods; it prevents spoilage and waste, promotes health and safety, represents your brand identity and delivers peace of mind to increasingly informed consumers. Pay close attention to traceability, transparent reporting and proactive risk management.
Körber , an international technology group, has signed an agreement to purchase enVista’s platform of Enspire Commerce omnichannel solutions, including its order management system (OMS), and its freight audit and payment (FAP) service. According to The McCown Report, imports to the top 10 US ports rose 5.9 percent gain in April.
Logility Acquires Halo Business Intelligence to Expand Advanced Analytics. Descartes Reports Fiscal 2018 Third Quarter Financial Results. Kane Is Able Purchases Vintners Logistics. Albertsons teams with Instacart to offer one-hour delivery (Supermarket News). Drones and driverless cars were in the news again this week.
In a later phase, deliveries are targeted to expand to large, dense cities including Seattle, New York, Los Angeles, Boston, and Hoboken Newjersey. According to Amazon’s 2021 Sustainability Report, 12.1 million metric tons of the company’s CO2 emissions are attributed to fossil fuel emissions.
This week had events that have highlighted significant shifts and challenges in supply chains, transportation, and urban planning. Meanwhile, Bill Gates investment in transportation signals optimism in a struggling sectorwhat recovery does he foresee? As Nippon Steel and U.S. Steel Corp. Steel Corp.
Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. Postal Service , with supply chain management as one of the focus areas; in October, as reported by Reuters, “IBM, U.S. Toyota temporarily shut two factories in the aftermath.
Some of the robots zip around the hulking facility transporting pallets of merchandise fresh off delivery trucks. But Amazon is on track to purchase by next year as much electricity produced by solar, wind and other carbon-free sources as it uses to power its operations. A third group are labelers.
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