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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. As such, electric and alternative energy vehicles are in-demand green solutions, the study found. percent in 2021 and 2.8

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Digitalisation: quicker off the blocks

Automotive Logistics

According to a recent survey on challenges in the maritime shipping industry which was jointly conducted by technology firm Navis LLC and Business Performance Innovation Network, 82% of the 200 shippers, intermediaries, carriers, operators, and handlers which were surveyed agreed that supply chain visibility needs to improve.