The Latest
-
Inventories grew by $123.7B in first quarter
This was the third straight quarter in which inventories grew by tens of billions of dollars as companies import goods ahead of tariffs.
-
Target expands same-day delivery
Despite Amazon's recent one-day shipping move, expansion of same-day service across Target's network has been fairly inevitable since it acquired Shipt's platform in 2017.
-
Panalpina pilots blockchain for ocean, air freight document tracking
Panalpina acknowledged some of the current skepticism surrounding blockchain in its announcement, claiming to take a "rational and realistic approach towards the technology.”
-
DOT marks $600M in grants for port, rail infrastructure
The U.S. Department of Transportation announced a slate of grants for coastal ports and state railroads this week, aimed at improving infrastructure, safety, technology and efficiency.
-
Trucking industry takes to the Hill with 'competing ideas'
Eight witnesses from the trucking industry discussed everything from hours of service to truck weight in a House Transportation Committee meeting this week.
-
Ralph Lauren commits to sweeping sourcing changes in new sustainability strategy
Based on these new goals, Ralph Lauren is going to have a very different supplier base in 2025 than it does today.
-
FDA taps Merck for blockchain pilot project
IBM, Walmart and KPMG will also be a part of the initiative, which aims to track medicines and ensure their integrity.
-
Gartner: ERPs have dated reputation to overcome in cloud era
If businesses behave with ERP the way they did 20 years ago, they will continue to get the same value.
-
Beyond Meat supply chain ready for fast food volume, CEO says
After supply chain bottlenecks in 2017 and 2018, CEO Ethan Brown told analysts Friday the company has secured production capacity beyond what current forecasts require.
-
5 things operations managers must know about opportunity cost
Risk and working capital often drive decisions in the supply chain, putting operations managers in a position to weigh one option against another.
-
Apple, Nintendo prepared to move production out of China
Foxconn, a Taiwanese manufacturer that builds Apple's iPhones in China, said its global manufacturing capacity outside of China would be expanded to meet customer needs if necessary.
-
Northwest Seaport Alliance expands hours to improve turn times
The nighttime hours are starting at Terminal 18, which broke volume records in 2018.
-
Lufthansa Cargo launches new e-commerce unit
As e-commerce parcel volumes grow and brands seek to reach increasingly international customer bases, Lufthansa's air cargo unit has launched a dedicated subsidiary called "heyworld" to serve online retailers.
-
Is FedEx's decision to split up with Amazon a shift in the industry?
Whether or not FedEx's move last week was prudent, Morgan Stanley analysts took it as a sign the training wheels are off Amazon's internal logistics services.
-
UPS: Millennial procurement professionals more likely to buy direct from manufacturer
Millennials are increasingly taking over procurement and sourcing positions and are doing the jobs differently than their predecessors.
-
Report: Nokia and Ericsson look to shift supply chains away from China
The two technology companies, which make 5G technology, are looking to move away from China to avoid security concerns and tariffs.
-
TradeLens has begun operations in Russia
Maersk and IBM's blockchain initiative continues to expand with a newly approved pilot in St. Petersburg, Russia.
-
53% of manufacturers see increased margins with dropshipping
Beyond better margins, respondents to a recent survey reported dropshipping improved the relationship between manufacturers and retailers.
-
Starbucks, Dunkin' further sustainable cup initiatives
Starbucks will test a reusable cup program in London's Gatwick Airport while Dunkin' says it's on track to eliminate foam packaging by the end of the year.
-
US to 'indefinitely' suspend Mexico tariffs
In a Friday night tweet, President Donald Trump said the 5% tariffs, originally set to take effect today are "hereby indefinitely suspended."
-
NRF predicts US imports will climb as trade war continues
The tariff rate increase on $200 billion in Chinese goods was delayed until Saturday, but this small stay won't keep retailers from upping their imports, according to the National Retail Federation.
-
FedEx Express will cut ties with Amazon
By breaking ties with Amazon for air shipments, FedEx seems to convey a lack of interest in delivering packages for a company building out its own air network.
-
Anheuser-Busch will expand work with BanQu after blockchain pilot
The technology connects Zambian farmers to a mobile platform that allows their sales to be more easily tracked, increasing supply chain visibility and creating financial records for under-banked farmers.
-
Port of LA anticipates container slowdown in new $1.6B budget
2018 was a record-breaking year for the port, moving over 9.5 million TEUs. However, according to port administrators, the FY 2019-2020 budget is factoring in a slowdown in volumes due to trade fluctuations.
-
Walmart takes last-mile delivery to the fridge
The company will launch a service that delivers groceries directly inside homes this fall in Kansas City, Missouri; Pittsburgh; and Vero Beach, Florida.
