Supply chain leaders looking to enhance operations with artificial intelligence need to start small with large language models, says Dave Evans, chief executive officer of Fictiv.

AIT says the acquisition of European-based marine spare parts logistics specialist with more than 600 teammates in 11 countries is its most significant to date.

Industry experts are watching its smaller less-than-truckload segment, where operating margins are better, and revenue grew rapidly last year.

In January, Macy’s announced plans to cut 2,350 jobs, or 3.5% of its workforce, calling for a “bold new chapter that concentrates more on luxury shopping.

Ancora Holdings is looking to overhaul Norfolk Southern’s leadership through its roughly $1 billion stake in the carrier.

As grocery retailers navigate inflation and workforce retention, optimizing supply chains and pricing strategies becomes crucial.

The U.S. planemaker was faulted for ineffective procedures and a breakdown in communications between senior management and other members of staff.

The high cost of labor, among other variables, will not go away, says Mark Richardson, chief executive officer of Ocado Intelligent Automation.

Federal investigators found children, some as young as 13, employed by Fayette Industrial as industrial cleaners at meat processing plants in Iowa and Virginia.

Supply chain organizations that prioritize safety and risk management through data analytics, telematics, and newer equipment position themselves as competitive leaders.