The demand for trucking and other freight services slowed during the second quarter but still exceeds the capacity of a supply chain tested by the rising costs of labor, maintenance and other expenses. Executives at commercial transport companies shared these views during their quarterly earnings...
A weeklong and ongoing protest at the Port of Oakland by independent truckers has had an immediate impact upon the movement of containers from the nation’s fifth busiest container port. After blocking terminal gates at the northern California port during the week of July 18,...
As cash moves in and cash moves out of firms, as goods make their way across borders and supply chains, keeping track of it all is a complex endeavor, to put it mildly. And now, things have gotten a bit more complicated, at least from...
The demand placed on the supply chain is returning to normal levels, but the industry still faces many challenges around capacity, executives at J.B. Hunt Transport Services said Tuesday (July 19) during the company’s quarterly earnings call. J.B. Hunt, which provides supply chain solutions for...
Businesses increasingly see delivery preferences, speed of delivery, cost of delivery and inbound supply chain as competitive advantages. As a result, the role of logistics and the supply chain is fundamentally different from what it was five years ago. “It used to be looked at...
A few centuries ago, Shakespeare, using the Gloomy Dane as a mouthpiece, noted, “the readiness is all.” And for logistics, for supply chains moving across borders, we’ll take another quote from Hamlet: What can they strive to be — or not to be? Payments will provide...
OMP, which offers supply chain solutions, has announced it will be teaming with Ernst & Young (EY) in order to improve supply chain planning, a press release from OMP said Monday (July 11). The partnership will accelerate supply chain transformations, add to capabilities and build...
Anecdotal evidence is enough to show just how bad supply chains really have become. Consider the fact that in just the last few weeks, supply chain dynamics — or lack thereof — have pushed the prices of cars up double-digit percentage points. The average new...
As grocers struggle with supply chain shortages, finding it increasingly difficult to keep shelves stocked and meet demand for popular products, retailers are seeking out new approaches to inventory. Arizona-based grocer Sprouts Farmers Market, for one, which has about 380 stores across 23 states, is...