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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. percent). It covers the combined U.S.

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Overcoming the Skills Gap in Automotive Engineering

GlobalTranz

Automation has sped up production but for the most part, manufacturing techniques and advances have left the automotive industry in the metaphorical dust. New technologies, like 3D printing, CNC machining, and injection molding can help to move the automotive industry into the 21 st century. Changing Specializations.

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International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) report ‘significant progress’ on 6-year extension

247 Customs Broker

This week’s negotiations in Newark, New Jersey, were the first for the ILA and USMX since early December, when negotiations broke off after a disagreement over the contract’s definition of automated terminals, which ILA President Harold Daggett opposes. Adam said in a joint statement. “We They would not comment further.

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Battling a perfect storm

Automotive Logistics

We saw longer lead times that definitely impacted our customers.”. The shortage of rail cars that hit the industry through 2017 and to an extent is still a problem in North America has had knock-on effects that have compounded the capacity problem. It isn’t the auto industry. Rail headaches. That is exciting.