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Delivery provider Point Pickup ceases operations as it seeks a sale
The company is looking to find a buyer quickly, as its "assets are basically melting ice cubes — they are losing money," a lawyer said.
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ADM cuts 17% of SKUs, details cost savings plan
The company is eyeing $500 million in overall cost savings and aims to reduce complexities in its animal nutrition business.
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Nike agrees to use biofuel for some cargo with CMA CGM
The apparel and sportswear retailer plans to use biofuel in 36% of its volumes with the France-based carrier.
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Weak logistics demand could fuel buyer’s market for mergers, acquisitions
Top investors are ready to spend after dealmaking slowed to a crawl last year, according to a McKinsey report.
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SHRM: Most HR pros say women face pay discrimination at work
However, people managers often don’t receive formal training on pay equity or business-related pay decisions, the organization reports.
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Cross-border e-commerce helped lift air cargo industry in February
The average spot rate increased 2% month over month to $2.29 per kilogram, with demand up 11% year over year, Xeneta’s Clive Data Services found.
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Railroads add Florida Express route to lure textile shippers
Norfolk Southern and Florida East Coast Railway hope an express connection with Central America will take off amid a rise in nearshoring.
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How Ikea is reducing its ocean emissions through collaboration
An executive outlined the retailer’s three steps to decarbonize transportation at the TPM24 conference.
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Macy’s eyes $100M in savings from streamlined supply chain
The company's "Bold New Chapter" will feature automation, distribution center closures, and more.
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Uncertainty reigns as talent leaders grapple with flexibility, AI
A whopping 98% of employers are planning “work design changes” for 2024, Mercer said in a recent report.
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3 warehouse real estate markets to watch in 2024
A wave of construction completions could help tenants secure more favorable deals at logistics hot spots near major ports and the U.S.-Mexico border.
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Lack of career development holds back women from leadership, survey says
When women don’t receive the support they need, they are 1.5 times more likely than men to leave their companies to advance in their careers, DDI said.
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Gap Inc. gets a lift from retooled sourcing strategy
Falling commodity costs have increased margins, while leaner inventories have helped improve operations and reduced markdowns.
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Biden administration boosts EV supply chain with $2B lithium loan
The money will go toward constructing processing facilities at Lithium Americas' upcoming project, expected to produce 40,000 tons of the material a year beginning in 2027.
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Column
The role of ethical leadership in the supply chain
Here are five strengths leaders bring to foster trust and promote ethical conduct.
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Big Lots makes huge gains in closeout sourcing
The company has revamped its procurement strategy to focus on acquiring inventory from distressed and overstocked retailers and brands.
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The Home Depot expands distribution center network for pro orders
Four new locations aim to reduce in-store congestion by directly shipping products like lumber and insulation to jobsites.
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In an era of AI, skill building is a top organizational priority, LinkedIn says
Learning and development pros can encourage short bursts of instruction to help workers make progress in small chunks.
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Target deepens bets on supply chain, inventory management
The retailer has 10 new facilities in the pipeline and is investing in AI and machine learning to sharpen demand planning as it grows its profits.
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Better shipping contracts benefit BarkBox owner
Dog toys and treats brand Bark, which uses FedEx, the U.S. Postal Service and Pitney Bowes, joins other shippers that have trimmed their delivery costs.
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Advance Auto Parts consolidating supply chain for efficiency, inventory availability
The auto parts retailer has long used two distinct distribution center networks to replenish its store inventories, stemming from an acquisition made a decade ago.
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How the SEC climate rule will impact manufacturers’ supply chains
Even with scope 3 emissions left out of the new rule, contract manufacturers should be prepared to report emissions data as more states adopt disclosure requirements, experts say.
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OnTrac launching Saturday, Sunday deliveries for majority of network
The parcel carrier also plans to expand its service this summer in the Midwest, including Chicago, Chief Commercial Officer Josh Dinneen said.
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Why Walmart sees drone delivery taking flight
The retailer is increasingly using the technology for quick deliveries of items like meal solutions and over-the-counter medicines.
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What we learned at Manifest Vegas 2024
Companies discussed crucial leadership skills, employee retention, and the use of AI and machine learning at this year’s conference.