Help wanted: America needs truck drivers. In 2015, American Trucking Associations estimated that for-hire trucking companies had nearly 50,000 fewer drivers than they needed. The shortage was less severe in 2016, but the trade group expects it to worsen in coming years.
China's government pledged to dramatically slow a coal-power building binge that is threatening its environment, saying it would shut down dozens of coal-power plants and stop some new construction.
South Korean conglomerate LG Electronics Inc. said it is planning to build a new washing machine factory in Tennessee, its first major U.S. plant, and hire at least 600 workers by the end of 2019.
The largest U.S. retailers reported strong online sales in their second-quarter earnings reports recently, extending a trend that has seen e-commerce revenue expand far faster than store sales, and several said they are making strides in delivering goods to consumers more profitably.
E-commerce retailers are starting to add smaller, urban warehouses to their supply chains as the pace of online shopping and delivery transforms distribution demands.
Thieves are making off with less cargo and stealing less-valuable shipments, according to a new report by FreightWatch International, which provides supply-chain security services.
Many companies have become adept at using supply-chain management to increase their competitiveness, yet the function remains under-utilized in one vital area: working capital management.
Companies are finding that the growing complexity of supply chains has a significant consequence: hiring the right people to build and manage the expansive operations is more difficult than ever.