Industries | SupplyChainBrain

Industries: Page 784

Hyundai Merchant Marine Considering Hanjin Route

South Korea's Hyundai Merchant Marine said this week it may submit a preliminary bid for Hanjin Shipping assets used in Asia-to-U.S. routes - a sale that could be key to Hanjin's prospects for paying off creditors. Hanjin, which filed for court receivership on August 31 after its creditors cut off financial support for the firm, put up manpower and logistics systems, five container ships and 10 overseas businesses for sale last week.

DB Schenker, Lufthansa Reportedly Halfway to 2020 Emissions Reduction Target

A five-year plan from Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is on track to meet its goal of reducing 20,000 tonnes of CO2 output by 2020, both companies say. To date, Lufthansa and Schenker have reduced their CO2 output by more than 10,000 tonnes, combined, under their joint Carbon Reduction Agreement.

As China's Economy Slows, Experts Worry What Comes Next

China reported this week that its economy grew 6.7 percent in the third quarter compared with a year ago. That matched economists' expectations exactly, and was identical to the pace China set in the first and second quarters of this year. In economics, stability like that is remarkable - and usually not to be believed.

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AmeriQuest Survey Results Show Confusion Surrounding Procurement

Many purchasing professionals do not have clarity about the purchasing practices of their companies, according to a recent Google survey conducted by AmeriQuest Business Services. Fifteen percent of respondents said they didn't know which department manages procurement, the survey says, despite being directly involved in the process.

Pitney Bowes Survey Finds Majority of Global Consumers Shop Cross Border

More than two-thirds of consumers who have ever made a domestic online purchase have also made an online purchase from another country in the past year, according to an annual online shopping survey by Pitney Bowes, an e-commerce technology company. Singapore (89 percent), Australia (86 percent) and Hong Kong (85 percent) have the highest number of cross-border shoppers, while countries like Japan (34 percent) and the U.S. (45 percent) are still growing in cross-border confidence.

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New Grocery Route Optimization Fulfills in 24 Hours, Lancaster Organics Reports

Lancaster Farm Fresh Organics (LFFO) has streamlined its previously manual fleet operations to help get product in and out of the warehouse and into the customer's hand in 24 hours or less, said Ben Kreider, the retailer's transportation director. LFFO uses the Descartes Route Planner.

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Macy's Announces RFID Tagging for 100 Percent of Items

Macy's plans to have all items in every store tagged by the end of 2017, according to Bill Connell, senior VP of logistics and operations. To achieve this goal, the retailer is asking all of its product vendors to supply merchandise already fitted with passive ultrahigh-frequency (UHF) RFID tags based on the Electronic Product Code Gen 2 standard.

Study Shows Profit But Low Priority in Sustainable Supply Chain

According to a 2015 World Economic Forum study, organizations can increase revenue up to 20 percent and boost brand value up to 30 percent by investing in supply chain sustainability. But are organizations taking action to realize these benefits? And if so, how?

A.I. Will Soon Be a Top Business Investment Priority, Analysts Say

Mention artificial intelligence, and a discussion about the robot wipeout of humankind is sure to follow. It's also a technology that businesses will increasingly trust in decision-making, Gartner analysts said this week at the research firm's annual Symposium and ITxpo.

Nordstrom, Costco, UPS Join Last-Mile Delivery Study in Seattle

In the heart of Amazon country, Nordstrom, Costco and UPS have joined with a team from the University of Washington in Seattle to study solutions to last-mile delivery issues in urban areas. UW's Urban Freight Lab will explore high-impact, low-cost solutions in urban areas where delivery vehicles, bicycles, cars and pedestrians all have to coexist, according to the university.

Fill-Air Flow Wants to Bring Inflatable Plastic to Small Businesses, Designer Says

Forget packing peanuts, it's all about the air cushion, says John Wolf, vice president for global sector marketing at Sealed Air and the inventor of bubble wrap. Fill-Air Flow is a device the size of a paper-towel dispenser that creates clear plastic air cushions - a cheaper, sleeker alternative to packing peanuts and the like - at a scale designed to be affordable for small businesses, Wolf says.

Drone Company Launches Healthcare Delivery Service in Rwanda

A drone service delivering blood for transfusions has been launched by the president of Rwanda. The drones are expected to make between 50 and 150 life-saving deliveries a day to remote and inaccessible clinics across the western half of the country, according to Zipline, the company behind the technology.

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Photo: iStock/Anastasiia Yanishevska

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