Thu.Feb 01, 2024

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The Rise of the Reshoring Movement in the U.S.

Supply Chain Brain

Remnants of a COVID-disrupted supply chain, economic choppiness, and pressure to lower prices have backed manufacturers up against a wall, and forced them to reconsider their approach to offshoring production.

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U.S. Treasury's new reporting requirement for owner-ops, small fleets

Overdrive Online

Don't miss the deadlines: stiff penalties can follow. A finance-crimes division of the U.S. Treasury as of Jan. 1 is requiring a large swath of small businesses, including owner-operator LLCs and others, to report ownership information to a new registry.

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Trending Sources

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Watch: What Are Manufacturers Spending on Tech Transformation?

Supply Chain Brain

Brian Pacula, partner in the Operations Excellence practice of West Monroe, tells how manufacturers and supply chains are prioritizing their spend on technology in the post-pandemic era.

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2019 Pete 389 glider pays tribute to owner's trucking mentors

Overdrive Online

The truck, a 550-hp Cat-powered beauty of a glider, was built in memory of owner Robert Burleson's father, Alex, and trucking mentor, Jack Hicks. It features a patriotic theme inside and out, as well as a touching tribute.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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Upcoming Presentation: Orchestration: The Future of Supply Chain Digitalization

Supply Chain Brain

Held on February 5th - February 7th, 2024, at Caesars Forum, Manifest Vegas will provide unrivaled networking, learning and exploring opportunities for attendees.

More Trending

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Major Carmakers Could Be Using Uyghur Forced Labor, Report Says

Supply Chain Brain

Over 15% of the aluminum produced in China comes from Xinjiang, a region where the government has conducted a “long-running campaign of repression against Uyghurs and other Turkic Muslim communities.

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Ryder acquires Cardinal Logistics

Commercial Carrier Journal

Ryder will integrate Cardinal operations, facilities and equipment into its dedicated transportation, fleet management, and supply chain businesses.

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OPEC+ Nations Set to Decide on Extending Cuts in Early March

Supply Chain Brain

Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.

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WorkWave Closes Out 2023 With Double-Digit Software Revenue Growth, Coupled with 98% Gross and 111% Net Software Retention, Positioning for Continued Success in 2024

WorkWave

Time To Read: 3 minutes HOLMDEL, N.J, February 1, 2024 – WorkWave®, a leading provider of SaaS software solutions that support every stage of a service business’s life cycle, ends its FY 2023 with double-digit software revenue growth, and 98% gross retention and 111% net retention of software revenue. These metrics reflect the company’s continued expansion and influence over key service verticals, as it delivers one of the highest years of ARR growth over the past five years. “Empow

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Walmart to Open 150+ Large-Format Stores Across the U.S.

Supply Chain Brain

The company will expand some smaller sites into Supercenters with additional plans to open many new locations, said Walmart spokesperson Josh Havens.

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Manhattan Associates Reports Record Results

Logistics Business Magazine

Leading Supply Chain and Omnichannel Commerce Solutions provider Manhattan Associates Inc. (NASDAQ: MANH) today reported revenue of $238.3 million for the fourth quarter ended December 31, 2023. GAAP diluted earnings per share for Q4 2023 was $0.78 compared to $0.60 in Q4 2022. Non-GAAP adjusted diluted earnings per share for Q4 2023 was $1.03 compared to $0.81 in Q4 2022.

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Germany Planning to Oppose EU Supply Chain Law, Ministers Say

Supply Chain Brain

The letter, sent February 1 by Finance Minister Christian Lindner and Justice Minister Marco Buschmann, said that the German government would abstain on the issue.

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Thank You Thursday Shout Outs – January

Ship Monk

ShipMonk is privileged to have a lot of hard-working, incredible team members at all our state-of-the-art locations. We love showing them appreciation at every opportunity, so we created “Thank You Thursday” to celebrate employees on a weekly basis. Check out the shoutouts from January across our 12 fulfillment center locations, now including ShipMonk Europe.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Bound4blue Chosen to Install eSail on Polynesian Mixed Cargo Vessel

Supply Chain Brain

Bound4blue said that the eSail wind power-based propulsion system will help shipowner SNA TUHA’A PAE (SNA) reduce its energy consumption by up to 10%.

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Tanger Med Port Surpasses 8m TEUs

Logistics Business Magazine

In 2023, Tanger Med Port processed 8,617,410 TEUs (Twenty-foot equivalent), marking a growth of 13.4% compared to 2022. This remarkable achievement, equivalent to 95% of the port’s nominal capacity, was accomplished 4 years ahead of targets. The outstanding performance is attributed to the successful operations of terminals TC1 and TC4, managed by Maersk-APM, and the continuous development of terminal TC3, operated by Tanger Alliance (A joint venture owned by Marsa Maroc with a 50% stake,

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Podcast | The Quest for a Zero-Waste Supply Chain

Supply Chain Brain

M ost organizations still have a long way to go before they can declare their supply chains to be “zero waste.

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Warehouse Project Construction Launched

Logistics Business Magazine

On 23rd January, Prologis and Yusen Logistics (Germany) GmbH celebrated the start of construction of the logistics facility in Bottrop in accordance with Japanese and German tradition. After the traditional sake barrel ceremony ‘kagami-biraki’, the customary ground-breaking ceremony in Germany took place to officially start the development of the 57,200 square metre property.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Former Boeing Manager Would “Absolutely Not” Fly on 737 MAX Planes

Supply Chain Brain

Ed Pierson, a former senior manager of Boeing’s 737 program, expressed concerns after regulators allowed Max 9s to return to service last week.

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White Paper: Quick Guide to Food Delivery Management System

Loginext

Here's a whitepaper that showcases the need of switching to a delivery management system. LogiNext is one of the key players helping food and beverage industry streamline their delivery operations to ensure maximum operational efficiency and improved customer satisfaction. The post White Paper: Quick Guide to Food Delivery Management System appeared first on loginextsolutions.com.

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Thank You Thursday Shout Outs – January

Ship Monk

ShipMonk is privileged to have a lot of hard-working, incredible team members at all our state-of-the-art locations. We love showing them appreciation at every opportunity, so we created “Thank You Thursday” to celebrate employees on a weekly basis. Check out the shoutouts from January across our 12 fulfillment center locations, now including ShipMonk Europe.

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Hyundai Will Supply eLCV to Iveco Group in Europe

NGT News

Hyundai Motor Company and Iveco Group have signed a supply agreement for an IVECO-badged all-electric light commercial vehicle (eLCV) for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco’s electric light commercial vehicle lineup, enhancing its LCV portfolio alongside the IVECO Daily. The supply agreement signing ceremony, which took place at […] The post Hyundai Will Supply eLCV to Iveco Group in Europe appeared first on NGT News.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Honeywell and Hai Robotics Collaborate

Logistics Business Magazine

Honeywell (Nasdaq: HON) today announced it will team up with Hai Robotics to deliver flexible, high-density storage and retrieval solutions to distribution centers (DCs). The alliance couples Hai’s innovative robotics technology with Honeywell’s Momentum Warehouse Execution Software, enhanced cybersecurity capabilities and experience integrating robotics solutions.

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Forsee Power Will Provide Battery System for BAE Demo Truck Powertrain

NGT News

Forsee Power Group, a provider of smart battery systems for sustainable electromobility, says BAE Systems will equip a Class 7 demonstration truck Gen3 powertrain with the FORSEE ZEN PLUS battery system in North America. Forsee has established its North American headquarters and production facility in Columbus, Ohio. The new factory will produce battery systems that […] The post Forsee Power Will Provide Battery System for BAE Demo Truck Powertrain appeared first on NGT News.

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Navigating Chinese New Year Logistics: Ensuring Supply Chain Resilience

Loginext

Delve into the Chinese New Year: Unravel its logistics impact, confront holiday challenges, and uncover strategies to maintain seamless supply chain operations amidst the festive celebrations. The post Navigating Chinese New Year Logistics: Ensuring Supply Chain Resilience appeared first on loginextsolutions.com.

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Plug Power Achieves First Liquid Green Hydrogen Tanker Fill at Georgia Plant

NGT News

Hydrogen solutions provider Plug Power Inc. has completed the first fill of a Plug tanker with liquid green hydrogen produced at its Woodbine, Ga., production plant and destined for customer sites. The achievement comes one week after the plant’s operations officially started. A Plug cryogenic trailer has been filled with liquid hydrogen for use at […] The post Plug Power Achieves First Liquid Green Hydrogen Tanker Fill at Georgia Plant appeared first on NGT News.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Packaging Technologies on show at LogiMAT

Logistics Business Magazine

IMA Group, with its new ecommerce division, an innovator in efulfillment and intralogistics packaging solutions, announces its participation at LogiMAT 2024, one of the premier European events dedicated to the Intralogistics solutions and process management. The exhibition, to be held from 19th to 21st March 2024, brings together industry experts, innovators, and businesses from around the world to exchange ideas and explore the latest trends and technologies.