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Celebrating the Family’s Chief Logistics Officer: Dad
Companies need a Chief Logistics Officer, but so do families. This Father’s Day, remember all that Dad does – fixing, building, hauling, managing, protecting, teaching, providing – to make our homes and our lives safe and happy.
Read MoreCommentary: What You Need to Know About Trump’s $1 Trillion Infrastructure Plan
On May 23, 2017, President Trump released the first glimpse of his highly anticipated plan for a $1 trillion infrastructure package. According to the budget, the rebuilding plan would inject $200 billion into transportation projects over the next 10 years with the goal the administration would meet its $1 trillion target through a mix of […]
Read MoreOnline Shoppers Turning To International Retailers
Nearly half of avid U.S. online shoppers bought items from international retailers, demonstrating the need for retailers to offer more personalized services as a way to compete against lower prices, according to the sixth annual UPS Pulse of the Online Shopper study. The UPS study found that almost all avid U.S. online shoppers (97%), made […]
Read MorePenske Truck Leasing Agrees to Acquire Old Dominion Truck Leasing
Penske Truck Leasing announced it has entered into an agreement to acquire Richmond, Virginia-based Old Dominion Truck Leasing. Financial terms were not disclosed. "Old Dominion Truck Leasing and Penske Truck Leasing customers will benefit from synergies in our products, technology, and services available across our combined network of facilities," said Brian Hard, president and CEO, […]
Read MoreAPICS Expands Supply Chain Stem Program
APICS, a professional association for supply chain management, launched a new, expanded Supply Chain STEM Educational Outreach Program. The program aims to introduce K-12 students to the concept of supply chain, demonstrate the importance of supply chain management, and highlight promising career paths within the industry. This latest investment will extend the reach of the […]
Read MoreStudy: U.S. Manufacturing, Logistics Industries Grew Dramatically Over Last Generation
Contrary to public perception, U.S. manufacturing and logistics industries experienced dramatic growth over the past generation, says a new report from Ball State University. U.S. manufacturing production grew 11 percent since the dot-com bust (2000-03) and the ensuing economic turbulence of the 2001 and 2007-09 recessions, according to Manufacturing and Logistics: A Generation of Volatility […]
Read MoreLG Honored For Supply Chain Sustainability
LG Electronics (LG) was honored for innovation in supply chain sustainability by the Green Electronics Council. Presented at CES Asia 2017, the GEC Catalyst Awards seek to inspire innovation in the design, manufacture, and use of electronics to advance global sustainability. LG’s special distinction as 2017 GEC "Catalyzing Impact at Scale" Honoree recognizes LG OLED […]
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Commentary: Supply Chain System Security Starts in the Cloud
The May 2017 ‘WannaCry’ ransomware cyberattack swept 150 countries, crippling hospitals, paralyzing government entities, and completely halting businesses by exploiting vulnerabilities in outdated operating systems. By infiltrating systems, locking down digital assets, and making all files and folders inaccessible, the attackers effectively shut down entire organizations. No fulfillment. No new client acquisition. No checking inventory. […]
Read MoreDHL Becomes the Logistics Partner of the Council of Fashion Designers of America
Logistics provider DHL has inked a partnership agreement with the Council of Fashion Designers of America Inc. (CFDA) to be the American fashion trade organization’s official logistics partner. The New York City-based CFDA is a not-for-profit organization with a membership of more than 500 foremost womenswear, menswear, accessory, and jewelry designers. “We are thrilled to […]
Read MorePort Everglades to Purchase Three Super Post-Panamax Container Gantry Cranes
Port Everglades is purchasing three low-profile Super Post Panamax container-handling gantry cranes at $13.8 million each to meet demands from current customers and new services anticipated from the port’s multi-million-dollar expansion program. The Broward County Board of County Commissioners approved the $41.4 million crane purchase, with an option for the seaport to purchase an additional three […]
Read MoreSupply Chain Commentary: The Advantages of First Sale
Today’s supply chains are complex, and companies are constantly on the lookout for ways to lower the cost of doing business. The border represents an area for potential cost savings, with various duty-reduction methods available, such as free trade agreements (FTAs) and preference programs. However, the rules for FTAs can be complicated, and most imports […]
Read MoreCommentary: IoT for Shippers
Powered by the Internet of Things, the next generation control tower will extend supply chain visibility and control tower services down to the level of things – however large, small, or geographically dispersed they may be. Rather than connecting just the traditional supply chain entities, these control towers will reach into a single piece of […]
Read MoreNew Warehouse Lease Pre-Commitments Reach New High
Almost half of the 167 million sq. ft. of U.S warehouse space currently under construction — 72 million sq. ft. — is already pre-committed to tenants, primarily e-commerce, third-party logistics, and retail users, according to a new report from CBRE Group, Inc. The current tally of pre-committed warehouse space is the highest since 2000. In […]
Read MoreSupply Chain Report: Why Suppliers Hold Back
Supplier collaboration and sustainability can drive innovation and growth in top supply chains, but only 43 percent of suppliers feel fully empowered to collaborate with their partners, says new research from 3M. Surveying 237 suppliers in the United States, the report uncovers insight on the most urgent trends, opportunities, and challenges facing suppliers today. Collaboration […]
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3 Tips for Building a Successful Restaurant Supply Chain
When it comes to the foodservice supply chain, there is little room for trial and error. A simple mistake could cause serious problems in the supply chain that can result in lost revenue or wasted product, can more broadly hurt a brand or lose otherwise loyal customers, and at its worst, put consumers at risk […]
Read MoreUse Your Supply Chain to Earn
Customer Loyalty
Loyalty is a big word. One could argue that most business decisions can be linked back to the idea of establishing, building, or improving customer loyalty, since it translates to revenues and repeat purchases, as well as better customer satisfaction, advocacy, and brand love. In fact, up to 15% of a business’s most loyal customers […]
Read MoreGeorgia Ports Authority Breaks Container Volume Record
Larger vessels and additional container services calling Georgia’s ports coupled with a positive economic forecast ushered in an all-time record month for container volume. The Georgia Ports Authority handled 350,104 twenty-foot equivalent units (TEUs) in May, 11.68 % more TEUs compared to the same month a year ago, or 35,619 additional TEUs. "It’s evident […]
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Commentary: Mitigating Supply Chain Risk
Think of shipping cargo like a financial portfolio: It’s important to diversify. That’s because there are inherent risks when shipping via air and ocean: delays, damaged cargo, weather events, etc. Cargo insurance, though critical, isn’t always enough to protect you and your business. You need a plan that covers all the predictable and unpredictable risks, […]
Read MoreCommentary: Create a Positive Work Culture for Increased Performance
Culture is driving everything in the warehousing industry, and management drives the culture whether they know it or not. The benefits of work place inspiration have been proven time and again. Research indicates that happy employees – those with positive personal well-being – compared to unhappy employees: · Deliver 31% higher productivity · Demonstrate 3 […]
Read MoreUPS Opens New Healthcare Facility in Colombia
UPS’s new 76,000-square-foot center is the company’s latest investment in healthcare logistics aimed at helping pharmaceutical, biopharma, and medical device companies create seamless, global supply chains as they expand into, transport within, and export from Latin America. The multi-client facility is equipped with technology for storing temperature-sensitive healthcare products. The building offers best-in-class distribution services, […]
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