Mon.Sep 09, 2024

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Investment diligence: Owner-op's profitable path to retirement

Overdrive Online

Nearing the end of a nearly 35-year run of consistently putting aside 15%-20% of his income, owner-operator Alan Kitzhaber's gotten close to where he truly wants to go -- that’s retirement, following 4 million miles in his long-running 1995 T600.

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Supply Chain Investments Represent a Significant Portion of Total VC Investing

Logistics Viewpoints

Kearney research shows that the more companies invest, the bigger the average ROI Investments in supply chain firms and technologies represent 15-20% of total venture capital investments, according to a recent report by the management consulting firm Kearney. The supply chain is already an investment priority, but these investments are poised to increase.

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Canoo Migrates Engineering Workforce, Relocates Corporate HQ

NGT News

Electric cargo vehicle manufacturer Canoo Inc. will migrate its engineering workforce to its two Oklahoma locations — Oklahoma City and Pryor — and relocate its corporate headquarters to northern Texas. Approximately 137 engineering positions will relocate from California to Texas and Oklahoma beginning in the fourth quarter of 2024, with most of the roles based […] The post Canoo Migrates Engineering Workforce, Relocates Corporate HQ appeared first on NGT News.

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U.S. East, Gulf Coast Dockworkers Inch Closer to October Strike

Supply Chain Brain

The ILA's wage scale committee has finalized its contract demands and has voiced its support for a strike if those demands aren't met.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Wabash hit with nuclear verdict in 2019 underride deaths

Commercial Carrier Journal

Wabash was found liable for a nearly half-a-billion dollar underride fatality, despite the vehicle traveling faster than NHTSA's safety rating.

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More Trending

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Fleet Management: 8 Key Trends of 2024

Loginext

Fleet management is evolving rapidly. From electric vehicles to AI integration, discover the 8 key trends in 2024 that will help boost fleet efficiency, lower costs, and improve sustainability. The post Fleet Management: 8 Key Trends of 2024 appeared first on loginextsolutions.com.

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Patagonia Joins Initiative to Invest in Sustainable Packaging Materials

Supply Chain Brain

Canopy's Pack4Good initiative calls on companies to reduce waste and avoid using packaging materials sourced from endangered forests.

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Long-Range Capacity Planning and Network Design in the Pharma and High-Tech Industries

AIMMS

Network design technology plays a pivotal role in enhancing the efficiency and effectiveness of long-range capacity planning.

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Norfolk Southern Probes Alleged Misconduct by CEO

Supply Chain Brain

Shaw’s alleged behavior was inconsistent with company policy and its code of ethics, Norfolk Southern said.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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BeamSpot System Provides Curbside EV Charging

NGT News

Beam Global, a provider of sustainable infrastructure solutions for the electrification of transportation and energy security, has introduced the patented BeamSpot sustainable curbside electric vehicle charging infrastructure system. The streetlight replacement combines solar-, wind- and utility-generated electricity into Beam Global’s proprietary integrated batteries to provide resiliency, lighting and curbside EV charging.

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Is Christmas Coming Early? Retailers and Consumers Seem to Be Making it So

Supply Chain Brain

Consumer shipping habits may be echoing retailers’ more cautious inventory strategies.

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New Jersey Awards Lynkwell Electric Vehicle Charging Contract

NGT News

Lynkwell, a provider of full-deployment electric vehicle charging solutions, was selected through New Jersey’s Division of Purchase and Property’s publicly advertised procurement process to supply state agencies, municipalities, counties, school districts, emergency services departments, and county and state colleges with EV charging solutions.

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Supply Chain and Logistics Management Aren’t Ready for AI. They Need to Be.

Supply Chain Brain

Today, with the emergence of artificial intelligence, our predictive capabilities are transforming before our eyes, generating forward-thinking insights into the supply chain as never before.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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Logistics ‘unpreparedness’ and the International Forces East Timor mission in 1999 – strategic logistics and what went wrong

Logistics in War

By David Beaumont This article, and the series which follows, are an updated version of a presentation given at the Australian National University titled ‘ Logistics preparedness and mobilising the national support base: the effectiveness of ADF strategic logistics prior to Operation Warden 1999 ‘ This year we celebrate the 25 th anniversary of the International Force East Timor (INTERFET) peacekeeping mission in East Timor.

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Maersk Opens New Warehouse Facility in El Paso to Support Cross-Border Logistics

Supply Chain Brain

The facility is located five minutes from the Ysleta-Zaragoza International Bridge on the border of El Paso and Ciudad Juárez in Chihuahua, Mexico.

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Elevate Parcel Delivery with Advanced Routing Capabilities

Logistics Business Magazine

Pošta Slovenije, a leading provider of postal and logistics services in Slovenia, is set to improve its logistics and delivery operations through a strategic partnership with FarEye. This collaboration addresses Pošta Slovenije’s efforts to streamline and enhance its delivery operations. Pošta Slovenije is aiming for a comprehensive solution, that will address accuracy, optimize order processing across multiple channels and streamline pickup and delivery operations.

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FedEx Orders 15 Electric Step Vans from Workhorse Group

NGT News

FedEx has issued a purchase order for 15 of Workhorse Group’s W56 step vans to be delivered in 2024. This order follows a successful demonstration in which the Workhorse W56 step van met FedEx operation duty cycle requirements. The addition of these 15 step vans will support the FedEx goal to achieve carbon-neutral global operations […] The post FedEx Orders 15 Electric Step Vans from Workhorse Group appeared first on NGT News.

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The Essential Role of Gripper Technology in Optimizing Pick-and-Place Robotics

Heico Sandee, Founder & CEO of Smart Robotics, emphasizes the critical role of gripper technology in optimizing pick-and-place robotics. He discusses how tailored grippers enhance precision, speed, and reliability, driving efficiency in warehouses.

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Penske Logistics at CSCMP Edge: A Sneak Peek at What’s in Store

Penske Move Ahead

This year’s Council of Supply Chain Management Professionals ( CSCMP) yearly EDGE conference will prominently feature Penske Logistics. The company will continue as a top conference sponsor and an exhibitor. A total of three Penske experts will partake in educational sessions as well. Senior vice president Paul Rosa will join Mike Roeth, head of the North American Council for Freight Efficiency on stage, to discuss the company’s work with electric trucks as part of NACFE’s Run on Less – Electric

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CARB Certifies Bollinger Motors Class 4 Truck

NGT News

Bollinger Motors, a subsidiary of electric vehicle manufacturer Mullen Automotive Inc., has achieved a commercial EV milestone with its B4 all-electric, Class 4 low-cab-forward chassis truck, receiving certification from the California Air Resources Board (CARB). The CARB certification is a requirement to sell vehicles in the CARB-compliant states of California, Colorado, Connecticut, Delaware, Maine, Maryland, […] The post CARB Certifies Bollinger Motors Class 4 Truck appeared first on NG

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DCs Need People and Power

Logistics Business Magazine

Brokers and commercial estate agents play an important role in the logistics infrastructure landscape. David Priestman met with Colliers’ Rob Whatmuff (pictured) and Andrea Ferranti at UKREiiF in Leeds. A major player in the industrial property sector, with around 70% of this activity in warehousing, particularly national distribution centres (NDC) and retail DCs (RDC), Colliers act as a broker to bring both the developer and the occupier customer to the table.

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What Recruiters Should Consider When Hiring People with Hearing Disabilities

Go Hire- Logistics

What Recruiters Should Consider When Hiring People with Hearing Disabilities The workplace is constantly evolving, so recruitment strategies must evolve to meet the ever-changing needs and demands of the job market. In light of ongoing digital transformation, a previous post highlights recruiting automation strategies companies and organizations can utilize for more productive and efficient talent acquisition.

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The Transformative Role of Supply-Chain Leaders in Today’s Business

A new survey shows 55% of enterprises anticipate a major supply chain disruption to strike any time. No wonder, resilience is a top priority today. With disruptions looming, procurement and supply chain managers are stepping up their game. And guess what? Sixty-three percent believe AI can be their top ally in this mission. This new report from The Economist and GEP explores how procurement and supply chain professionals are responding to shifting business dynamics.