Articles

Logistics

Report: Traditional Industrial Distributors at Risk

Asset-light e-marketplaces and other nontraditional shopping channels, combined with shifting demographics, are upending industrial distributors’ inventory-heavy model more rapidly than previously thought. As a result, distributors must quickly adapt and address threats with everything from sharper mobile offerings to upgraded customer service, a new white paper from UPS (NYSE: UPS) shows.   According to the […]

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Online 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 […]

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Penske 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, […]

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APICS 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 […]

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Study: 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 […]

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LG 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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DHL 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 […]

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Port 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 […]

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Commentary: 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 […]

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New 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 […]

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Supply 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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Commentary: 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 […]

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UPS 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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The Benefits of Domestic Sourcing

Even though businesses have historically looked to imported inputs as a means of lowering production costs, the benefits of sourcing domestically should not be discounted. With uncertainty surrounding the future of multilateral trade deals like NAFTA and the long-term implications of Brexit and other nationalist movements, now is an excellent time for businesses to reevaluate […]

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