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Tipping the Scales on International Trade
Several key events, including the COVID-19 pandemic, the U.S. presidential election, and the United States-Mexico-Canada Agreement (USMCA) implementation, can directly impact international trade in 2020, according to DHL’s survey of U.S. small and mid-sized businesses. DHL’s key findings include: Pullback on international business outlook: 49% of respondents say COVID-19 has caused them to take a […]
Read MoreUpdated Hours-of-Service Rules Drive Flexibility, Maintain Safety
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration updated the hours-of-service rules to provide professional drivers with more flexibility without sacrificing safety. The changes include: Bringing the short-haul on-duty period in line with the rest of the industry, while increasing the air-mile radius of short-haul trucking to 150 air miles. Allowing drivers, under […]
Read MoreNOTED: The Supply Chain in Brief-July 2020
Good Works CenterPoint Properties provided warehouse space to help Houston Food Bank distribute food in 18 Texas counties. The food bank uses the 124,000-square-foot facility to receive shipments from the Texas Department of Emergency Management as part of its COVID-19 relief efforts. The Houston Food Bank distributed nearly 23 million pounds of food in April […]
Read MoreIN BRIEF: New Services & Solutions-July 2020
Products Enabling the real-time monitoring of shipment and container openings, Kizy’s embedded sensitive light sensor can provide information on changes of light and dark in the tracker’s surrounding environment. By collecting this information, the Kizy K-2 Tracker can mark events in the supply chain, from the opening of parcels and containers to the unpacking of goods. The […]
Read MoreMore Companies Seek Sustainability Data
An uptick of 24% more companies are asking their suppliers to report environmental data in 2020 through nonprofit CDP Global, with a 34% surge of growth in North America. Suppliers report data on their impacts, risks, opportunities, and strategies related to climate change, deforestation, and/or water security through CDP’s platform. Companies then use the data […]
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Vertical Focus: Renewable Energy
Lighting Up Renewable Hydrogen A coalition of major European electricity groups has urged the European Commission to prioritize renewable hydrogen in its COVID-19 pandemic recovery plan. Hydrogen powered by 100% renewable electricity has zero greenhouse gas emissions and should be Europe’s top priority when supporting a clean hydrogen supply chain, the coalition says. Wind and […]
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Manufacturers Remain Optimistic
Despite continued impacts across industries (see chart), approximately 91% of manufacturers believe that North American manufacturing can recover from the COVID-19 pandemic, according to a survey by Thomas Insights. The report also highlights the following key findings: A significant jump in COVID-19-related impacts occurred—89% of manufacturers surveyed say they felt impacts from COVID-19 in April […]
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Make a New Plan, Stan
More than half of surveyed industry professionals say their supply chain planning process is only “somewhat effective,” regardless of the technology used, finds new research by AIMMS. A combined 28% state that their planning process is “very effective” or “extremely effective,” while 15% say their process is “not so effective,” and 2% say it is […]
Read MoreSorting Out Retail Priorities
Retailers and logistics service providers shift their risk management and digitization priorities in response to pandemic-related challenges, says a report from Blue Yonder and Reuters Events Supply Chain. Highlights from the report reveal: Reconsidering Risk Management Retailers/manufacturers are hesitant to pursue nearshoring and onshoring plans, with only 29% making an investment. 63% of retailers/manufacturers favor […]
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