Swiss manufacturer ABB has said it will focus on reducing cost to offset economic uncertainty. In order to combat the sluggish global economy that has damaged sales for many providers of industrial equipment, ABB has focused on the bottom line. "In the short term, there are still a lot of questions around the pace of growth in Europe and the U.S. and the timing of the rebound in China," said Joe Hogan, chief executive officer of ABB.
Ahold USA plans to launch a vendor collaboration initiative next month that will include sending POS, supply chain and merchandising data via a third-party to some number of its CPG suppliers in order to improve product availability and customer satisfaction.
The Supply Chain Resource Cooperative (SCRC) in North Carolina State University's Poole College of Management is one of several partners in a five- year, $3.9m grant-funded project to build and evaluate supply chains for local farmers and fishers to supply large-scale markets in North Carolina. The project is led by the Center for Environmental Farming Systems (CEFS) in NC State's College of Agriculture and Life Sciences (CALS), which has been awarded the first year's funding of the grant by the Agriculture and Food Research Initiative (AFRI), part of the U.S. Department of Agriculture's National Institute of Food and Agriculture.
Shell, BP, Maersk, Stena and the Japanese shipping companies NYK, MOL and "K" Line have announced their joint collaboration with the United Nations Development Program (UNDP) to support job creation and capacity building projects in Somalia.
Moonlighting van drivers are probably to blame for the growing problem of GPS jamming on Britain's roads, the latest survey of the problem by the Technology Strategy Board's Sentinel Project has suggested. In advance of the Global Navigation Satellite System (GNSS) Vulnerabilities 2013 event, the organization revealed its network of sensors had recently detected up to 100 potentially dangerous jamming incidents a day near one busy UK airport alone.
Canadian National Railway has suspended the feasibility study for the construction of its proposed rail line and terminal handling facility to serve the Quebec/Labrador iron ore range.
DB Schenker Logistics says it has started building a 23.5m euro ($32m) logistics centre in Rudna u Prahy, close to the Czech capital of Prague. The 90,800-square-metre terminal has been designed to meet the most advanced technological, safety and environmental requirements, the company says.
London Gateway, the new container port under construction on the banks of the River Thames, got a huge vote of confidence recently from an important source. The DP World funded operation is already in talks with several leading shipping lines, but the scheme is two-tiered and the plans eventually are to couple the dockside activities directly with a giant logistics park situated immediately behind the wharves.
FedEx has introduced new features to its Deep Frozen Shipping Solution to provide more options and broader access for its healthcare customers. The company said that the new service helps customers move temperature-sensitive samples and specimens globally using an alternative to dry ice.
Seventy percent of companies believe that climate change has the potential to affect their revenue significantly, according to a new report by the Carbon Disclosure Project (CDP) in partnership with Accenture.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.