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This Week in Logistics News (June 24 – 30)

Logistics Viewpoints

The Home Depot is undergoing a $500 million cost savings push that will see the company reduce its supply chain holding capacity, EVP and CFO Richard McPhail said during a June 13 investor and analyst conference. The home improvement retailer expects to complete the effort in fiscal year 2024.

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Battling a perfect storm

Automotive Logistics

From a purely automotive perspective, the US vehicle handling ports exported 4m vehicles last year and imported twice that number, according to data from analyst PwC. According to GE Transportation, the system integrates data from across the port to better align people and resources and more efficiently move cargo through it.