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AI Strategy: Your Move
Artificial intelligence (AI) spending shows no signs of slowing, with 82% of decision-makers saying they’re very likely to increase their AI investment or capabilities in the next two years, says a report from Modzy. Decision-makers should consider the following factors in their AI strategy, the report says: Recognize the value. About 66% of decision-makers surveyed […]
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The Art of the Steal
With pandemic-induced lockdowns, e-commerce surges, and transportation restrictions in 2020, cargo theft shifted to new commodities and locations (see chart), says a BSI and TT Club report. New trends include the food and beverage sector experiencing the most theft, as well as an uptick in theft from facilities compared to 2019. In the year ahead, […]
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Trucking Transformation
Truckers have transformed the previously laborious process of delivering a package with innovations such as capacity-as-a-service and automated driver assist. Now, 64% of truck executives responding to an IBM survey say their future success depends on digitally reinventing themselves. This is what trucking will look like in 2030, the report says: $99.2 billion. The truck-as-a-service […]
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U.S. Trade Ups and Downs
Exports and imports of goods and services in the United States decreased 12.3% to $4.9 trillion in 2020, the largest nominal decrease since 2009, according to data from the U.S. Department of Commerce. Exports decreased by 15.7% while imports decreased by 9.5%. Total trade decreased as well, representing 23.6% of gross domestic product in 2020, […]
Read MoreU.S. Policies That Can Strengthen Recovery
The Biden-Harris administration will have an opportunity to strengthen supply chains and position the United States as a go-to partner for COVID-19 recovery, says a report from Baker McKenzie and Atlantic Council. This is how they can advance policies that help supply chains withstand major disruptions, the report says: Expand U.S. commercial ties in Latin […]
Read MoreIN BRIEF: New Services & Solutions-April 2021
Technology Shippers with a network of brokers and freight forwarders can benefit from BluJay Solutions’ new Augmented Global Trade platform, which streamlines workflow and accelerates efficiency for international trade operations. The multi-tenant SaaS platform automates end-to-end customs and compliance requirements. IFCO Systems, a provider of reusable plastic containers (RPCs) for fresh food packaging, added track-and-trace technology to […]
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50 Orders in 6 Minutes
Kroger continues to invest in its digital business. By opening America’s first automated warehouse with digital and robotic capabilities in Monroe, Ohio, the supermarket chain can assemble a 50-item order in just six minutes. Comparatively, a Kroger employee takes 30 to 45 minutes to pick items from various areas of the store. The $55-million, 335,000-square-foot […]
Read MoreNOTED: The Supply Chain In Brief-Apr 2021
Good Works PLS Logistics Services, a third-party logistics provider, raised more than $5,000 to benefit the Greater Pittsburgh Community Food Bank by hosting a virtual fund drive, providing more than 26,900 meals to those in need in the community. Local PLS employees also volunteered at two food bank distribution locations (pictured). Energy manufacturing and logistics […]
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USPS Steps Up Its Fleet Game
The U.S. Postal Service (USPS) invested in the most significant modernization of its fleet in three decades. It recently awarded a 10-year contract to Oshkosh Defense to manufacture a new generation of U.S.-built delivery vehicles as part of a multi-billion-dollar effort to replace the entire fleet. The new vehicles will be equipped with either fuel-efficient […]
Read MorePRODUCT SPOTLIGHT | Tracking Solutions
HasciSE Backhand Scanner: This lightweight wearable device from ACD Group integrates a 2D scanner into the housing. Supporting fast product tracking, the configurable infrared proximity sensor, scan button, and hand strap finger switch trigger the scanning function. The scanner can be combined with mobile workstations for easy asset tracking throughout warehouses. CL6NX Plus: This thermal […]
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Vertical Focus: Healthcare
Vaccines Prepare for Liftoff Ghana is the first country in the world to use drones to deliver the COVID-19 vaccine to healthcare facilities. COVAX, an initiative led by UNICEF, shipped 600,000 doses of the AstraZeneca/Oxford vaccine from its facility in India to Ghana, using Zipline’s national drone delivery service. The goal is to deliver at […]
Read MoreStord Closes $65 Million Funding Round, Expanding Its Cloud Supply Chain
Stord, a cloud supply chain services provider for retail and e-commerce brands, raised a $65 million Series C round led by venture capital firm Bond, bringing its total capital raised in the past six months to $100 million.
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Nonautomotive Robot Orders Rove Ahead
Supply chain disruptions and workforce challenges are causing industries to accelerate their automation strategies (see chart). For example, yearly robot orders from nonautomotive sectors surpassed automotive robot orders for the first time, with sales of robotic units in North America increasing 3.5% in 2020 from 2019, according to the Robotic Industries Association. Growth was driven […]
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Walmart Goes Local
Walmart plans to increase the number of local fulfillment centers across the United States, which it will build inside or near existing retail locations. This localized approach mirrors Amazon’s strategy, as both companies face off amid surging demand for online orders. Walmart opened its first fulfillment center in 2019 in New Hampshire when the retail […]
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Port of Long Beach Loads Up on Business
As cargo volumes surged in the second half of 2020, essential workers at the Port of Long Beach in California moved 8.1 million cargo containers—its busiest year on record. The port ended the year with a 6.3% increase from 2019. Imports rose 6.4% to more than 3.9 million TEUs, exports increased 0.2% to 475,888 TEUs, […]
Read MoreNeiman Marcus Splurges on Digitization
Luxury department store Neiman Marcus is banking on a digital future, investing $85 million to make immediate changes to its supply chain and technology operations after erasing more than $4 billion in debt with a successful bankruptcy. To help improve its digital customer service, the retailer hired Apple veteran Bob Kupbens as its new chief […]
Read MoreYou’ve Got Drone Mail
Many drone delivery services involve dropping packages on the ground outside of homes and businesses, making them vulnerable to theft and bad weather. That’s where the smart drone mailbox comes in. These new mailbox concepts, developed by startups Valqari and DRONEDEK, involve a technology-enabled container that receives and stores packages in a secure, climate-controlled box […]
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Sail Like the Wind
The Frisian Sea, a Dutch cargo ship, made its maiden voyage using two compact wind-assisted propulsion units that can be easily moved into position or stowed. The technology has the potential to improve operating efficiency and environmental performance in the shipping industry. The 388-foot vessel, owned by Boomsma Shipping, was retrofitted with eConowind’s VentiFoils wind […]
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Coping With Blank Sailings, Surcharges & Spikes
From its position as a global third-party logistics provider, SEKO has unique insight into air and ocean trends. For one, global restocking is lowering the odds of a slack season in 2021, says Brian Bourke, the company’s chief growth officer. In a media call, SEKO execs shared their perspective on the following challenges facing manufacturers […]
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4 New Rules for Retail
While the grocery and home improvement sectors benefited from changes in consumer behavior during the pandemic, apparel and department stores struggled. Consequently, the following new rules will come into play for retailers in 2021, says a Deloitte report: 1. Digital investment should go beyond differentiation. Many retailers have jumped on the digital bandwagon (see chart), […]
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