Sourcing

As was the case in earnings for the fiscal second quarter, fiscal third quarter earnings results for Memphis-based global freight transportation and logistics services provider FedEx were impacted by the ongoing pair of demand weakness and inflation. Quarterly revenue—at $22.2 billion—was off 6% annually, and net income—at $865 million...

United States rail carload and intermodal volumes, for the week ending March 11, saw annual declines, to varying degrees, according to data issued by the Association of American Railroads (AAR) this week. Rail carloads—at 229,246—fell 1.5% annually, trailing the week ending March 4, at 237,413, and topping the week...

2DHL adds Volvo EV to fleet for net zero DHL Supply Chain has introduced the first fully electric vehicle (EV) to its UK fleet. The Volvo FM electric trucks are designed for high-capacity deliveries, operating at 40 tons and will replace polluting diesel vehicles on a range...

Armed with the right set of data in the digital twin of their supply chain, Microsoft planned for cutting its carbon dioxide emissions and its Environmental, Social, and Governance, ESG, initiatives by 40% through data-driven insights and artificial intelligence, AI, for its supply chain management operations.

Swisslog, a leading provider of warehouse automation and software, has announced that Cardinal Health will install a Swisslog Automation Solution within its new at-Home Solutions distribution center in Grove City, Ohio. The facility is part of the at-Home Solutions business’ multi-year strategy to increase warehouse capacity to accommodate...

SVT Robotics, a leading enterprise software provider for the rapid integration of industrial robotics, and Kardex Solutions, a leading global business partner of AutoStore and intralogistics solution provider of automated storage, retrieval, and material handling systems, today announced a strategic partnership. The partnership enables Kardex Solutions customers to...

Not long ago, pre-Covid to be exact, we lived in a world of big numbers. Whether it was GDP or employment or lots of other things, the big number was typically a really good indication of the situation. And today, we still use big numbers to get a sense...

Retail sales data, issued respectively today by the United States Department of Commerce’s U.S. Census Bureau and the Washington, D.C.-based National Retail Federation (NRF), showed mixed sequential readings and annual gains, for the month of February. Commerce reported that February retail sales—at $697.9 billion—were off 0.4% compared to January...

German intralogistics pioneer Jungheinrich AG announced today that it has successfully completed the acquisition of Storage Solutions group from Merit Capital Partners, MFG Partners and the Storage Solutions management. All closing conditions including merger control clearance in the United States have been fulfilled, the company stated. With Storage Solutions,...

It’s episode 30 of Blended: I’m joined by a brand new panel of inspirational professionals and, today, we’re talking about classism. Now, some people believe that we’ve left classism behind. But, sadly, studies show that it’s alive and well – and its impacts are huge. The bottom 80% of...