Wed.Feb 07, 2024

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Energy Transition in Supply Chain

Logistics Viewpoints

Supply chain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. Now, more than ever, companies and countries are looking at their overall carbon footprint and trying to establish a path to be more environmentally friendly. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs.

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Is Your Supply Chain Team Still Working Remotely?

Talking Logistics

Earlier this month, as reported by Katie Burke at CoStar News, UPS announced that beginning March 4 it is requiring all corporate employees to return to the office full time. Here’s an excerpt from the company memo to employees: “We acknowledge this news comes with excitement for some and mixed emotions for others. We are. Read more The post Is Your Supply Chain Team Still Working Remotely?

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The U.S. Bought More Goods from Mexico than China in 2023

Supply Chain Brain

Mexican exports to the U.S. topped out at $475.6 billion, beating China which saw its exports to the U.S. fall by 20% year-over-year to $427.2 billion.

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Are leased owner-ops truly trucking as 'independent contractors'?

Overdrive Online

Short answer: It's complicated. Following DOL's final rule on employee/contractor classification, this series examines the opinions of legal experts and the perspectives of owner-operators on just what makes a true independent contractor in trucking.

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Guide to Business Writing

Everything you need to know about better business writing in one place. This is a complete guide to business writing — from a clear business writing definition to tips on how to hone your business writing skills.

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Optimizing Healthcare Inventory Management With AI and RFID

Supply Chain Brain

The headlines about shortages and disruptions in healthcare supply chains aren’t going away anytime soon. The industry needs help.

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LG Chem, GM Sign $18.6B Battery Materials Supply Deal

Supply Chain Brain

The South Korean chemical company said that it would supply GM with at least 500,000 tons of cathode materials through 2035, enough to manufacture batteries for 5 million EVs.

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February 7, 2024 Update

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home February 7, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Nearshoring to Mexico in 2024: What to Consider Before You Relocate

Supply Chain Brain

Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.

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Weetabix Multi-warehousing Operation Deal

Logistics Business Magazine

XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, has been named a new logistics partner for the UK’s number one cereal brand, Weetabix. From the 27th of January, XPO will have started to run the Weetabix multi-warehousing operation at the company’s primary site at Burton Latimer near Kettering, as well as Corby in Northamptonshire.

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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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Approve EU Supply Chain Law, Say Investor Groups

Supply Chain Brain

Though Germany cannot derail the legislation by itself, the measure could be in danger if it receives opposition from other major EU countries, including Italy.

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Phoenix Motor Completes Acquisition of Proterra’s Battery Lease Portfolio

NGT News

Phoenix Motor Inc., an electrification solutions provider for medium-duty vehicles, has completed the $6.5 million acquisition of the Battery Lease portfolio from Proterra Inc. and Proterra Operating Company Inc., an innovator in commercial vehicle electrification technology. In January 2024, Phoenix received the requisite approval from the U.S. bankruptcy court.

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Forward Air shakes up leadership team after bungled Omni Logistics acquisition

Commercial Carrier Journal

Change comes less than two weeks after completing the acquisition of Omni Logistics – a deal that at first was met with internal controversy and later nearly spiked entirely.

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Daimler Truck, Linde Develop Faster Liquid Hydrogen Refueling

NGT News

Daimler Truck and Linde Engineering have reached an important infrastructure breakthrough on the path toward decarbonizing transportation with hydrogen. Over the past few years, engineers from both companies have jointly developed sLH2, a new process for handling subcooled liquid hydrogen. Compared with gaseous hydrogen, this new approach allows for a higher storage density, a greater […] The post Daimler Truck, Linde Develop Faster Liquid Hydrogen Refueling appeared first on NGT News.

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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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FAA Chief Says Boeing’s Repeat Lapses Led to Tighter Oversight

Supply Chain Brain

The agency expects to have enough data from an investigation launched after the accident to make initial recommendations as soon as late February, the FAA said February 5.

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New Flyer Again Selects Hexagon Purus as Hydrogen Cylinder Supplier

NGT News

For the fourth consecutive year, Hexagon Purus, a manufacturer of zero-emission mobility and infrastructure solutions, has been selected as supplier of hydrogen cylinders by New Flyer, a subsidiary of NFI Group Inc., an independent global manufacturer of bus and coach solutions. New Flyer delivers low- and zero-emission heavy-duty transit buses to customers across the United […] The post New Flyer Again Selects Hexagon Purus as Hydrogen Cylinder Supplier appeared first on NGT News.

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The Important Role of Apprenticeships

Logistics Business Magazine

Employers anticipate a big disruption in workers’ skills over the next five years that could threaten business transformation unless they invest in strategies to help develop the workforce. Already, many roles connected to Supply Chain and Logistics are going unfilled. Investing in an apprenticeship scheme can be an effective way for businesses to grow talent and prevent skills gaps.

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High-Roof Cargo Van Turned Mobile Spray Tan Studio Fuels Entrepreneurial Dreams

Penske Move Ahead

With its blush pink exterior, the Blush Spray Tan Studio casts a signature silhouette as it travels across West Virginia, providing more than just spray tan services to customers. The repurposed high-roof cargo van, purchased from Penske Used Trucks in 2021, fulfilled the entrepreneurial dreams of Amber Steele, the van’s new owner, who was motivated in part by the pandemic.

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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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Scalable, Safe and Reliable Racking

Logistics Business Magazine

At LogiMAT 2024, which takes place at the Stuttgart Trade Fair Centre in Germany on 19-21 March 2024, global leader in warehouse storage solutions stow will be showcasing how it delivers a diverse range of scalable, safe and reliable racking systems that improve warehouse efficiency. Ranking among the leading racking manufacturers in the world, stow specialises in the development, manufacturing and installation of top-quality racking and storage solutions.

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Dynamic New Tech Integration Partnership

Logistics Business Magazine

Warehouse technology innovator Synergy Logistics has partnered with leading connected fulfilment solutions specialist Techdinamics, to provide customers with integrated rate shopping and transportation management capabilities. The alliance with Ontario-based Techdinamics is around their techSHIP solution, which dovetails seamlessly with Synergy’s advanced warehouse management system (WMS) SnapFulfil.

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Movu Orchestrates Dynamic Warehouse Robotics

Logistics Business Magazine

stow Group, a global market leader in the development, manufacture and implementation of advanced warehouse solutions and automated storage systems, is putting its new Movu Robotics brand in the spotlight at LogiMAT 2024. On booth 3B67 (in hall 3) Movu will feature a dynamic technology showcase of its state-of-the art robotics sub-systems. This ensemble of seamlessly integrated solutions will demonstrate how automation and robotics is not only accessible but is possible in all kinds of warehouse