Fri.Jun 25, 2021

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FedEx reports very strong FY 2022 and Q4 earnings

Logistics Management

FY 2022 full-year revenue—at $84 billion—rose 17.6% annually, and operating income—at $5.86 billion—climbed 46.8% annually.For the fiscal fourth quarter, revenue, at $22.6 billion, rose 23% annually, and operating income—at $1.80 billion—headed up 278%. Earnings per share—$6.88 (topping Wall Street expectations of $5.02 per share)—well outpaced the $1.28 per share recorded a year ago, as well as a $334 million loss.

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Biden's bipartisan infrastructure deal includes $109 billion for roads, bridges

Overdrive Online

The Bipartisan Infrastructure Framework deal struck between President Biden and 10 senators calls for $579 billion in spending. Also: Driver recognized for helping fellow trucker; Ohio Peterbilt launches calendar contest; new Love's.

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The road to a new bipartisan national infrastructure plan is filled with cautious optimism

Logistics Management

Make no mistake, the White House’s announcement yesterday that a bipartisan framework has been established for a $1.2 trillion infrastructure authorization is a big deal. But, to be sure, in order for it to become official much more needs to happen—and it is not likely to be an easy path there, as we all know.

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Above the Fold: Supply Chain Logistics News (June 25, 2021)

Talking Logistics

Better late than never. I’m off to Eugene, OR with my oldest son today to watch the final day of the Track & Field Olympic Trials this weekend. This was his high school graduation gift — a year late. But it will be worth the wait, I’m sure, despite the forecasted temperature for Sunday: 111. Read more Above the Fold: Supply Chain Logistics News (June 25, 2021).

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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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May truck tonnage sees slight decline, reports ATA

Logistics Management

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for May—at 113.7 (2015=100)—was off 0.7%, following a 12.2% April decline and a 5.1% March decline.

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AAR reports annual U.S. rail carload and intermodal gains for the week ending June 19

Logistics Management

Rail carloads—at 232,144—increased 15.1% annually, and intermodal containers and trailers—at 281,968 units—increased 10.4% annually.

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Podcast | The Pandemic and Supply Chains: One Year On

Supply Chain Brain

COVID-19 is slowly abating. What damage did it do to our global supply chains?

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Offsetting as a first stepping stone towards sustainable logistics

Forto

Offsetting is for sure a temporary but above all a necessary solution for more sustainability in logistics. Because when it comes to sustainability, it is undoubtedly time to move things in the right direction again. Therefore, Forto aims to provide 100% climate neutral transportation by 2025. To reach this target and keep our promise, we encourage all of our customers and support them in compensating their emissions.

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Dachser Mexico Deepens Trade Partnership with Brazil with New LCL Service

Supply Chain Brain

Dachser Mexico has announced a new less-than-container load service between the port of Altamira, Mexico and the port of Santos, Brazil.

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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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Pallet-Track urges action over driver shortage

Logistics Business Magazine

The chief executive of one of the Midlands’ fastest-growing logistics companies is leading a rallying call to government to address the UK’s chronic shortage of HGV drivers. Caroline Green, CEO of Wolverhampton-based Pallet-Track , says solving the 70,000+ driver deficit goes beyond what one company can achieve but can be tackled with the support of its shareholder members and the wider business community.

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Security Tips for Your Summer Move

Penske Move Ahead

The busy summer moving season is an attractive time for thieves who prey on unsuspecting consumers. When planning a move – across town or across the country, Penske's security experts encourage consumers to be selective when it comes to hiring a moving company and taking extra precautions when performing a do-it-yourself move. "Consumers need to know there are organized criminal groups who operate across the country watching hotel parking lots for rental and moving trucks because they know there

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Offsetting as a first stepping stone towards sustainable logistics

Forto

Offsetting – temporary but necessary solution for sustainable logistics. In terms of sustainability, it is undoubtedly time to move things in the right direction again. Therefore, Forto aims to provide 100% climate neutral transportation by 2025. To reach this target and keep our promise, we encourage all of our customers and support them in compensating their emissions.

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Logistics Business Show – register for free NOW!

Logistics Business Magazine

Logistics Business organises a twice-yearly international, virtual exhibition for the logistics and materials handling industry. The Logistics Business Show provides an important new platform for interaction between suppliers and users of logistics, IT, transport and supply chain services, warehousing and materials handling. The exhibition virtual marketplace enables visitors to source products online, request quotations, meet exhibitors on video calls and chats, network, download documents and

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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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Security Tips for Your Summer Move

Penske Move Ahead

The busy summer moving season is an attractive time for thieves who prey on unsuspecting consumers. When planning a move – across town or across the country, Penske's security experts encourage consumers to be selective when it comes to hiring a moving company and taking extra precautions when performing a do-it-yourself move. "Consumers need to know there are organized criminal groups who operate across the country watching hotel parking lots for rental and moving trucks because they know there

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Food industry changes demand strategic thinking

Logistics Business Magazine

In this article, supplied by Leigh Anderson, Managing Director, Bis Henderson Recruitment , we look how a changed commercial and social environment is having an effect on talent recruitment and retention in the supply chain industry. From producers to processors, wholesalers and retailers, the food industry employs many of the sharpest minds in supply chain management.

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Kuebix Receives Food Logistics 2021 Top Green Providers Award

Kuebix

We’re excited to announce that Kuebix, a Trimble Company, has been selected as a Food Logistics 2021 Top Green Provider! When the Coronavirus disease (COVID-19) pandemic first began in March 2020, the Food Logistics staff thought that companies would put their sustainability initiatives on the backburner in order to better fight the virus. But, the […].

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Offsetting in der Logistik: erstes Sprungbrett zu mehr Nachhaltigkeit

Forto

Offsetting ist eine temporäre, aber mehr als notwendige Lösung für eine nachhaltige Logistik. Denn in Sachen Nachhaltigkeit ist es zweifelsohne höchste Zeit, die Dinge wieder in die richtigen Bahnen zu lenken. So ist es das Ziel von Forto bereits 2025 Transporte anzubieten, die zu 100% klimaneutral sind. Um dieses Ziel zu erreichen und unser Versprechen zu halten, wollen wir all unsere Kunden ermutigen hier mit gutem Beispiel voranzugehen und unterstützen sie bei dabei i

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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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Ignoring corporate sustainability “not an option”

Logistics Business Magazine

Any logistics services provider or online fulfilment company that is perceived to be merely paying lip service to ‘green’ issues or is inactive when it comes to corporate sustainability strategy, not only risks seriously undermining its own brand and reputation – but also those of its clients. That is the warning from Paul Mulcahy, Toyota Material Handling UK’s Quality, Health and Safety and Environment (QHSE) manager.

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Offsetting in der Logistik: erstes Sprungbrett zu mehr Nachhaltigkeit

Forto

Offsetting ist eine temporäre, aber mehr als notwendige Lösung für eine nachhaltige Logistik. Denn in Sachen Nachhaltigkeit ist es zweifelsohne höchste Zeit, die Dinge wieder in die richtigen Bahnen zu lenken. So ist es das Ziel von Forto bereits 2025 Transporte anzubieten, die zu 100% klimaneutral sind. Um dieses Ziel zu erreichen und unser Versprechen zu halten, wollen wir all unsere Kunden ermutigen hier mit gutem Beispiel voranzugehen und unterstützen sie bei dabei i

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This Week in Logistics News (June 19 – 25)

Logistics Viewpoints

Pine Tar! That became a tongue-in-cheek metaphor for an objection or a potential scandal in 1983 – at least for teenagers like me at that time. George Brett of the Kansas City Royals hit a home run in the ninth inning of a game to give his team a last inning lead against the New York Yankees. The Yankees manager asked the umpire to inspect Brett’s bat for pine tar and the umpires took back the home run for too much pine tar on Brett’s bat.