Think hybrids that go 60 miles on a gallon are efficient? Trains can go eight times as far with 2,000 pounds in their backseat. And they're only getting smarter.
Add Spartanburg, S.C., to the list of manufacturing hotspots. That's where BMW AG last week announced it will invest $1bn to build the equivalent of a new factory to its already formidable U.S. production site. Following the expansion, BMW's U.S. complex will become the automaker's biggest, larger than any it operates in Germany, its home.
The airfreight operations of Emirates Airlines is on track for its move to Dubai World Central (DWC) with the first phase of the building being finished.
Construction on the South Batinah Logistics Hub, a strategic initiative of the Omani government to kick-start the growth of a logistics-based economic sector in the Sultanate, will be launched this year. Covering 9,000 hectares, the hub will incorporate Oman’s first ever inland port as well as dedicated zones earmarked for multimodal connectivity, light industries, value-adding activities, commercial services, warehousing and logistics, urban and residential developments, hotels and convention centres, and leisure areas.
Top U.S. airports are engaged in a fight for a larger share of the challenged U.S. air cargo market, according to JLL's annual Airport Outlook Report. With world trade growing faster than demand for air cargo, both airports and air carriers face a significant challenge – how can they attract airfreight and fend off competition from other cheaper modes of transport such as intermodal and trucks?
Analyst Insight: Rapid urbanization is an unstoppable challenge for supply chains that must be reckoned with—and soon. As more cities swell into megacities, the fundamentals of last-mile delivery, in particular, will require a rethink. Businesses will need to consider urban delivery based on the point of demand—where the products are delivered—rather than point of supply. – Brad Householder, Principal, PwC's Advisory practice
Analyst Insight: There is a growing emphasis on the strategy and management of fleets in the U.S. due to regulatory changes, driver shortages, increased trucking costs and additional focus on customer service. To manage these challenges, companies must assess how best to leverage assets and design their networks to optimize their overall supply chain. – Aaron Pernat, Senior Manager, and Gary Allen, Executive Director, both of Ernst & Young LLP's Supply Chain Advisory Practice
While retailers are facing challenges in delivering the reporting functionality that business users need to enable data-driven decision-making, they are optimistic about Big Data's ability to provide breakthroughs in analysis capabilities across a number of retail processes, says a study by 1010data Inc. In fact, almost all surveyed executives (96 percent) agreed that Big Data initiatives are important in helping retailers stay competitive. They said Big Data insights are most beneficial for merchandising (53 percent) and marketing (48 percent), followed by store operations (42 percent), e-commerce (42 percent), supply chain (27 percent), finance (23 percent), and loss prevention (21 percent).
Import volume at the nation's major retail container ports is expected to increase 12.4 percent in March as retailers begin to stock up for the spring and the summer season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.