Trucking companies and railroads are feeling the pinch from a reduction in cargo attributed to trade issues, weather and "cooling pockets of the US economy," writes Paul Ziobro. Rail and truck hauling fell 5.3% in June, according to the Cass Freight Index of North American shipments.
Entrepreneurs Son Chu and Jesse Tran have created sneakers using recycled plastic and a fabric derived from coffee grounds. The grounds help absorb odors and make up the bulk of the weight of each pair of shoes.
US manufacturing output rose by 0.4% in June, a larger increase than analysts expected, thanks to increased production of motor vehicles. However, total industrial production remained steady, the Federal Reserve said.
At June's TPA Transportation Summit, Federal Motor Carrier Safety Administration Administrator Raymond Martinez acknowledged that our audience of logistics and transportation experts "fuel and feed the economy." Administrator Martinez charged the group to consider, "How can data and technology drive the industry forward?" Read more.
Although customer-facing technologies often grab the limelight, some of the most impactful technology shifts are those increasing the speed, efficiency and transparency by which products move through the supply chain. These technologies will build the supply chain of tomorrow. Understanding modern logistics issues and supply chain technologies is key for business leaders who want to thrive in a transforming grocery industry. Groceryshop 2019, Sept. 15-18 at the Venetian in Las Vegas, is your opportunity to further examine the cutting edge of grocery logistics. Learn more.
In today's hyper-partisan atmosphere, infrastructure seems to be one of the few issues advocates on both sides believe common ground can be found. Food retailers know all too well, though, that infrastructure is not just a matter of having reliable roads. Currently, only one truck is available for every 12 loads needing to be shipped, while a potential shortfall of nearly 800,000 drivers is expected by 2026. Find out more.
Did you know that personalization done right can be a big win for food retailers? Shoppers use a variety of techniques as they pursue individual aspirations of eating well, challenging the food shopping experience. According to the recently released FMI US Grocery Shopping Trends report, an annual look at grocery shopper attitudes and behavior, shoppers visit an average of 4.4 banners per month and regularly shop 3.1 channels to meet their diverse grocery needs. Shoppers expect food retailers to evolve with their needs, offering more personalization, but generally, they are satisfied with their primary store's ability to meet their needs. Read more.
Shippers must be ready to continue making on-time deliveries despite ongoing capacity constraints and other challenges, writes Darren Miesner, vice president of operations for Transplace. For best results, shippers should share their playbook with carriers to allow for better capacity adjustments and use the annual bidding process to assess their changing needs and build relationships with carriers, he writes.
Reverse logistics companies can help retailers with the ever-growing number of returns by applying their expertise and scale, according to a Business Insider Intelligence report. E-commerce returns in the US are expected to grow at a compound annual rate of 19% through 2023 to exceed $300 million.
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