Trucking companies newly flush with cash are stepping up strategies to grow through acquisitions, but they’re finding new challenges in financial reporting along the road.
If anything is in constant flux, it is manufacturing and supply chain. MODEX 2018 is the best venue to showcase the services, products and solutions needed to meet the challenges these two vital areas face.
General Mills Inc. suffered the worst plunge since mid-2015 after shipping costs and other expenses squeezed profit margins to their thinnest point in years.
The owners of 60,000 cargo ships are bracing for tighter emissions rules that are forcing them to make a multibillion-dollar choice: Start buying cleaner-burning fuel or invest in a device that treats the ship’s exhaust before letting it out.
Five years ago, a team of researchers from the University of Texas at Austin boarded an $80m yacht with the intent of trying to fool the vessel's navigation system and stealthily push it off course.
The ability to reduce risk for companies that use 3PLs can be narrowed down to the type of relationship that exists between the two parties. Typically, companies opt for a "vendorship," in which they simply purchase a service at an optimal price. Ideally, they should have a partnership with their 3PL providing them a seat at the table where the company's strategy is developed. -Daniel Sears, Senior Consultant, Tompkins International
Multiple business influences mean that managing global supply chains in a digital economy requires a new perspective and skill set not yet robust in many firms. Achieving this end state requires transformation of key supply chain activities – one of which is transportation. -Karl B. Manrodt, Professor of Logistics and Supply Chain Management, Georgia College & State University; and Mary Collins Holcomb, Professor of Supply Chain Management, University of Tennessee
Deutsche Post AG’s DHL business is tiptoeing back into the domestic parcel delivery in the U.S., drawn in by the strong growth in e-commerce to bring new competition to a market that’s been dominated by United Parcel Service Inc. and FedEx Corp. for a decade.
