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Ninety Percent of Everything: Inside Shipping, the Invisible Industry That Puts Clothes on Your Back, Gas in Your Car, and Food on Your Plate by Rose George ( Link ). From an inefficient game of Tetris to global industries that move $19 trillion dollars of goods annually, Malcom McLean changed shipping. Got some suggestions?
In 1962, A Silent Spring by Rachel Carson was released bringing societal attention to the consequences of industrial pollution. Environmental groups feel better fuel economy would not only save consumers billions of dollars, but would also push vehicles to be more efficient, slashing pollution. Responsible Care.
The erosion in the cost advantage has been driven by a confluence of sharp wage increases, lagging productivity growth, unfavorable currency swings, and a dramatic rise in energy costs, states the Boston Consulting Group (BCG) based on a study of 25 nations that account for nearly 90 percent of global exports of manufactured goods.
Those were just some of the questions I discussed with Mike Finn, VP of Transportation at Kenco Group in a recent episode of Talking Logistics. Those of us in the transportation industry can always tell when the economy is really [strengthening],” said Finn. You can see that GDP is going up; it increased [at an annual rate of 3.0
We look forward to beefing up even more great content to give value to our customer base of manufacturers and those in the manufacturing industry. Recently Cerasis asked in the Manufacturing Leadership Community group on LinkedIn, run by Manufacturing Executive. But how does it work in industry? Read Full Post. Read Full Post.
For the first time since 2004, ships are having to use drift zones where they remain for up to two weeks until anchorages are available. Port officials, trade groups and maritime regulators are calling on the White House for a priority COVID-19 vaccine for industry workers. And it’s only getting worse.
SARS pandemic in 2002-2004 sped up the growth of the small company Alibaba, which traded over the Internet. In Western countries, companies like Airbnb and Uber instantly became popular, because in times of crisis, people tried to save on everything: arrange joint living and group for trips. Now it is a retail leader in Asia.
This new addition to the Volga-Dnepr family further bolsters the companies group strategy of growing an international team to develop its leadership ambitions across the worldwide air charter markets.
If you look at many of the news items about the industry recently, there has been a certain buzz and intensity around the electronic bill of lading. The TT Club subsequently wrote off its investments in Bolero in 2004. The transformation that has taken place in the airline industry is an example of what’s possible if we work together.
He was the hero of the curse-reversing 2004 team that came back from a 3-0 deficit to the Yankees in the ALCS with a walk-off homer and another walk-off single. Walmart’s investment is part of a $400 million round of funding for Plenty led by One Madison Group and JS Capital, with participation from SoftBank Vision Fund.
I’ve been an industry analyst for over 20 years, which is hard to believe sometimes. One of my first clients back in 1999 was Descartes Systems Group. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends). Where is Descartes today? The company is financially strong, with 14 years of record year-over-year growth.
19, 2020 — PINC, the leader in digital yard™ solutions, has been named by its customers and industry peers as a Great Supply Chain Partner in 2020. UNION CITY, Calif. , Aug. ” Berger adds. “This year’s field of nominees was competitive and inspiring – coming from all sectors of supply chain management.
While our logistics business is a strong operation with a talented group of employees and good customer relationships, it will no longer fit with our strategic focus going forward," said Peter Bakker, TNT's chief executive officer. Given industry consolidation, we announce today our intention to sell our logistics business.
Despite this, The Rack Group has stayed open throughout, working to make sure that not only the logistics supply chain industry keeps going, but also the food sector. The Rack Group was no exception to having skeleton staff working in the offices during the UK lockdown. The Rack Group. instructed by site.
Alma has over 25 years of supply chain experience across Mexico, the US, and Canada in industries like automotive, electronics, and pharmaceuticals. And you know, as you were talking there, I’m thinking about 2025 years ago and what such a male dominated industry supply chain was. It was like a group of 15 people.
This scenario is currently playing out in the shipping and logistics industry, with mergers and acquisitions abound as well as a wealth of new technology entering the fold, the face of the industry as we know it is in flux. This new initiative is bringing major changes to the organization and is truly a game changer for their group.
In response, UPS offered a contract, citing pay at the forefront of the industry. The market can quickly absorb the temporarily lost access to UPS Freight, explained Thomas Anderson of LJM Group, as reported by Mike O’Brien of MultiChannel Merchant. UPS Freight offers to reduce subcontracted work by 4 percent over a five-year period.
The Körber Group continues to invest in its Business Area Logistics Systems, acquiring a majority stake in Brazil-based Otimis Ltda. Otimis has been an implementation partner and reseller of the supply chain management solutions of Körber Logistics’ company HighJump since 2004. The acquisition became effective as of December 18, 2019.
Fred Schulze (pictured) will take up a new role as executive vice-president at SAIC VW – the joint venture between Shanghai Automotive Industry Corporation and Volkswagen Group – at the beginning of July this year. Following roles in quality assurance and body production, he joined Volkswagen Commercial Vehicles in 2004.
These top five export product groups represented the highest dollar value in Panamanian global shipments in 2016: Organic chemicals: $1.8 percent annually between 2004 and 2013. With a population of 3.8 million people, Panama’s annual $11.2 billion (USD) (16.1% of total exports). Pharmaceuticals: $1.6 billion (14.2%).
They were the first to create the 32-inch wide and 26-feet high scissor lift, now one of the most common models of scissor lift across the industry. First offering scissor lifts designed for mausoleum work, the company introduced the Hy-Brid line in 2004. MCT Industries. IMER Group. Visit Lift-A-Loft's Website.
Nowadays, the fashion industry demands more and more creativity, versatility, and especially agility to compete in the market. This response by retailers to constant market changes takes place within a few weeks, as opposed to the industry average of six months.
2019 is also a celebratory year as it marks 15 years since the company joined the Konecranes Group , a milestone that reinforces their position as one of the global leaders in the industry. The company was founded when nine industry experts came together to buy a local manufacturing company in Silverdalen, south-east Sweden in 1994.
ISM said that 14 of the 18 manufacturing industries reported growth in January, including: : Machinery; Fabricated Metal Products; Petroleum & Coal Products; Primary Metals; Nonmetallic Mineral Products; Computer & Electronic Products; and Transportation Equipment. which stands as the highest reading going back to December 2004’s 66.3,
The 80-year-old US businessman transferred industrial logistics strategies to humanitarian organisations in the 1990s. As early as 1922, Raymond acquired a foundry called Lyon Iron Works in New York State and formed it into The Raymond Corporation, now a subsidiary of Toyota Industries. The award is named after Lynn C.
The trucking industry took a pit stop with the electronic logging devices but has returned to the main course. Truck utilization measures the number of trucks that are in use in the shipping industry compared to the number of seated trucks that are available. The last time utilization was at 100% was 2004.
Interroll, one of the world’s leading producers of high-quality key products and services for internal logistics, is providing stainless steel drum motors—certified by the European Hygienic Engineering and Design Group (EHEDG)—for the machinery used by Ing. Vezzadini & C. in Reggio Emilia, Italy.
Interroll, one of the world’s leading producers of high-quality key products and services for internal logistics, is providing stainless steel drum motors—certified by the European Hygienic Engineering and Design Group (EHEDG)—for the machinery used by Ing. Vezzadini & C. in Reggio Emilia, Italy.
recorded in May 2004. Two industries reported contraction during the period: Apparel, Leather & Allied Products; and Furniture & Related Products. Comments submitted for the report by ISM member respondents were mostly favorable, with some reflecting specific industry themes. Jeff Berman, Group News Editor.
As the fortunes of the logistics industry rise and fall with the automotive sector it serves, Turkey looks on the face of it to be a gloomy place to do business right now. Despite the financial setbacks, exports will rise slightly this year, predicts the local Automotive Industry Exporters’ Association (OIB). “We Investment doubts.
recorded in May 2004. The only industry that saw a decline was Apparel, Leather & Allied Products. Jeff Berman, Group News Editor. Jeff Berman is Group News Editor for Logistics Management , Modern Materials Handling , and Supply Chain Management Review. which was the highest PMI reading since the 61.4
It added that no industry reported a decrease in PMI in May compared to April. is the highest number since 2004. Jeff Berman, Group News Editor. Jeff Berman is Group News Editor for Logistics Management , Modern Materials Handling , and Supply Chain Management Review. increase to 63.7, for the first time since 2011.
ZIM was a pioneer in this area, one of the first carriers in the world to adopt the technology that was new at the time, yet destined to dominate the shipping industry in the decades to come,” the company said. In 1999, the Ofer Brothers Group became the controlling shareholder of the Israel Corp., and in 2004, the Israel Corp.
Editor’s note: With all the talk of omni-channel, it’s no wonder the industry is focused on item level handling and picking technologies. What’s more, as designed, the overall facility brings to winemaking Lean principles that are normally associated with automotive and other manufacturing industries.
Environmental Protection Agency (EPA) and industry that provides a framework to assess the environmental and energy efficiency of goods movement supply chains. BlueGrace Logistics today announced that it joined the SmartWay ® Transport Partnership, an innovative collaboration between U.S. million barrels of oil, $37.5
Brood X, the largest group of 17-year annuals, will emerge from the soil in late April and early May, as ground temperatures trigger when the cicadas will come out. As a 17-year periodical, these cicadas have lived underground in wingless nymph form since 2004, about a foot or two down, feeding on sap from tree roots.
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