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Think Tank
Technology: Page 170
Three Trends to Tackle in Creating a Resilient Supply Chain
Staying ahead of supply chain disruptions today is both art and science: the art of knowing the trends to prepare for, and the science of determining how to reduce risk and increase resilience.
Naturepedic Says New Packaging Could Eliminate 55,000 lbs. of Waste Annually
Following the implementation of this technology, Naturepedic’s entire offering will be roll-packed in recyclable kraft paper rather than plastic.
UPS Lowers 2023 Revenue Forecast Due to Weak Delivery Demand
UPS cut its annual adjusted operating margin to between 10.8% and 11.3%, down from the previous forecast of 11.8%.
Gemcorp Sets Up $1B Fund to Tap Saudi Arabia Projects
The fund will target investments in projects that are aligned with Vision 2030, Crown Prince Mohammed Bin Salman’s plan to transform the Saudi economy away from reliance on oil.
GM, Honda Nix $5B Plan to Co-Produce Cheaper EVs
Honda and GM agreed to develop lower-priced EVs based on a joint new platform in April of 2022 with the hope of producing millions of cars by 2027.
Boeing Posts $1.6B Loss on Fewer Deliveries, Higher Air Force One Jet Costs
The company was forced to lower its forecast of 737 Max production from between 400 and 450 planes to 375 to 400 aircraft.
NewCold Opens $300M Cold Storage Facility in Indiana
NewCold said that its brand new $300 million cold storage facility is among the largest in the world.
Robots to the Rescue: Creating a Flexible Supply Chain
Robots offer a perfect solution to market changes, as they can be added or taken away as needs require.
Watch: Tapping the Power of Integrated Business Planning
Andrea Montecchi and Ben Sellers, business advisors with Oliver Wight, explain the basics of integrated business planning (IBP), and why it’s such an important process for companies today.
Lynas Allowed to Import and Process Rare Earths in Malaysia Until 2026
Previously, the government had ordered the company to move its leaching and cracking processes out of the country by the end of 2023.
Finalists Announced for 2023 Influential Woman in Trucking Award
This year’s finalists are Western Logistics Express' Tori Blake, Shelley Simpson of J.B. Hunt Transport Services and Walmart's Megan Ferguson.
UAW Strike Forcing Some Suppliers, Automakers to Make Layoffs
Roughly 40% of suppliers said they have had to lay off some employees since the work stoppages started in September.
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