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Neiman Marcus Splurges on Digitization

Luxury department store Neiman Marcus is banking on a digital future, investing $85 million to make immediate changes to its supply chain and technology operations after erasing more than $4 billion in debt with a successful bankruptcy. To help improve its digital customer service, the retailer hired Apple veteran Bob Kupbens as its new chief […]

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You’ve Got Drone Mail

Many drone delivery services involve dropping packages on the ground outside of homes and businesses, making them vulnerable to theft and bad weather. That’s where the smart drone mailbox comes in. These new mailbox concepts, developed by startups Valqari and DRONEDEK, involve a technology-enabled container that receives and stores packages in a secure, climate-controlled box […]

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Sail Like the Wind

Sail Like the Wind

The Frisian Sea, a Dutch cargo ship, made its maiden voyage using two compact wind-assisted propulsion units that can be easily moved into position or stowed. The technology has the potential to improve operating efficiency and environmental performance in the shipping industry. The 388-foot vessel, owned by Boomsma Shipping, was retrofitted with eConowind’s VentiFoils wind […]

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Coping With Blank Sailings, Surcharges & Spikes

Coping With Blank Sailings, Surcharges & Spikes

From its position as a global third-party logistics provider, SEKO has unique insight into air and ocean trends. For one, global restocking is lowering the odds of a slack season in 2021, says Brian Bourke, the company’s chief growth officer. In a media call, SEKO execs shared their perspective on the following challenges facing manufacturers […]

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4 New Rules for Retail

4 New Rules for Retail

While the grocery and home improvement sectors benefited from changes in consumer behavior during the pandemic, apparel and department stores struggled. Consequently, the following new rules will come into play for retailers in 2021, says a Deloitte report: 1. Digital investment should go beyond differentiation. Many retailers have jumped on the digital bandwagon (see chart), […]

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Freight Spending Soars to Record Highs

Freight Spending Soars to Record Highs

Truck freight spending in the United States reached record highs in Q2 of 2021, jumping 10.1% over Q1 levels, says a recent U.S. Bank report. While all regions experienced double-digit growth in spend, different geographic areas and industries emerge from the pandemic at different paces, the report shows: Northeast: Freight shipments rose 1.5% in Q2 […]

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Cold Chain Takes a Shot

The freight industry is tasked with transporting an average of 271 million ultracold and cold COVID-19 vaccine doses per month. At least 857 temperature-controlled trucks will leave Pfizer and Moderna manufacturing facilities or distribution centers each month, says an ABI Research report, and delivery will get more complicated after large urban and suburban areas are […]

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New Google Maps Feature Gets a Green Light

New Google Maps Feature Gets a Green Light

Google Maps can not only help truckers and passenger vehicles find the quickest route from point A to point B, but now it also gets them there greener. Google has introduced a series of new features including eco-friendly routes that provide Google Maps users with more fuel-efficient navigation. The app determines fuel consumption for every […]

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Surging Optimism Buoys SMBs

Surging Optimism Buoys SMBs

Despite the upheaval businesses experienced in 2020, optimism has now surged past pre-pandemic levels, and many leaders from small to mid-size businesses (SMBs) report being well-positioned for growth in the year ahead, says Umpqua Bank’s annual report. Key findings from the survey include: Positive Outlook Positivity has roughly doubled since 2020, with expectations for economic […]

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