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Egg and chocolate prices could upend Easter: Wells Fargo
The banking giant said prices of the protein will remain elevated through the holiday as producers work to rebuild their flocks of egg-laying hens.
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3 things to expect from the pharmaceutical supply chain in 2024
Healthcare experts pointed to shortages, domestic production and the Drug Supply Chain Security Act as trends to watch this year.
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How shippers can nurture better ocean carrier relationships
Assessing past behaviors and having face-to-face meetings can help solidify deals, an executive from Cummins said at TPM24.
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Bombardier increases supplier support system to 50 members
The manufacturer aims to build inventory in the first half of the year to meet its projected delivery goal of up to 155 aircraft in 2024.
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Walmart adds early morning delivery option
As operational competition with Target and Amazon heats up, the big-box retailer is expanding on-demand delivery to start at 6 a.m.
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How PetSmart uses FLOW data to manage its supply chain
The retailer’s chief supply chain officer said the federal data platform is helping it avoid reactionary decisions and predict delays.
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American Eagle ‘refocused’ logistics arm amid third-party business woes
The retailer faced $98.3 million in impairment and restructuring charges from Quiet Platforms in Q4 as it adjusted to reduced e-commerce fulfillment demand.
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Deep Dive
Shippers should lock in trucking rates soon: experts
Carrier executives are beginning to show optimism for a rate recovery, which could mean rising costs for customers.
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Best Buy’s suppliers help defray costs in choppy electronics market
The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.
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Supply chain, manufacturing and procurement ‘a very big focus’ for cost-cutting CFOs
Executives' 2024 priorities make sense given geopolitical tensions and the rising costs of raw materials and other inputs, said Boston Consulting Group's Paul Goydan.
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Wolverine World Wide to shutter Kentucky distribution center
The company is permanently closing its operations in Louisville and will lay off about 150 employees.
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AutoZone makes headway on ‘mega hub’ growth for fast store fulfillment
The auto parts retailer is halfway toward its goal of opening 200 of these stores, which can replenish inventory at nearby locations.
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TPM24
Ocean Network Express teases network changes for 2025
The shipping line’s CEO said he expects the maritime industry to settle for four alliances instead of three moving forward.
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SEC drops scope 3 emissions from final climate disclosure rule
The agency scaled back reporting requirements for scope 1 and 2 and will take a phased approach to the new mandates.
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The Home Depot leans on distribution centers to deliver pro orders
Not shipping from stores helps reduce the amount of time associates have to spend picking, packing and staging items, Senior EVP Ann-Marie Campbell said.
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Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead
The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way.
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Port of Virginia to welcome additional larger ships
The East Coast port widened its shipping channel, which is set to reduce port stays for container vessels by up to 15%.
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TPM24
Gemini Cooperation unlikely to expand: Hapag-Lloyd CEO
The alliance-like structure with Maersk will include some unique arrangements, but two carriers should be sufficient, the shipping executive said.
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Oatly slashed SKUs and canceled factory plans to rightsize its supply chain. Now it’s paying off.
The oat milk maker is gaining more market share and saw profit margins improve after scaling down its operations.
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Wayfair plans consolidated delivery option to lower costs
Consumers receiving multiple items at the same time can boost efficiency and attract more sales, the company's CEO said.
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Supply chain mistake part of Lordstown Motors SEC case
Lordstown misrepresented its timeline for delivering the Endurance electric pickup truck by failing to account for production delays due to parts problems, the SEC said.
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Parcel carrier ADL Final Mile boosts Florida presence via acquisition
The purchase of Sonic Transportation and Logistics comes as ADL eyes more deals to fuel its growth.
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Scope 3 will be a focus for large companies regardless of SEC rule outcome, KPMG says
Large companies will still need to track scope 3 emissions as part of California and European Union requirements, analysts said.
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Walmart sells intermodal assets to JB Hunt
One expert told Trucking Dive the retailer likely assessed it was better off eliminating its private intermodal fleet after reviewing operating costs.
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Smaller suppliers’ finances have deteriorated since pre-pandemic
Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis.
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