Ahold Delhaize USA today announced plans to transform and expand U.S. supply chain operations over the next three years by investing $480 million, including leases. The investment supports a strategy to transition the supply chain network into a fully-integrated, self-distribution model. The move includes the acquisition of three warehouse assets from C&S Wholesale Grocers and new leases on another two facilities. In addition, Ahold Delhaize USA will partner with various companies to build t...
AHOLD DELHAIZE USA
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Amazon's delivery stations, the facilities closest to the consumer, are growing the most as the e-tailer expands its logistics footprint, according to a research note published last week from RBC Capital Markets based on data from the supply chain consultancy MWPVL and Amazon's financials. Amazon delivery stations are growing in number and getting larger, the researchers noted, pointing out this helps Amazon get inventory "dramatically closer to the consumer." Amazon announced ...
SUPPLY CHAIN DIVE
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Lineage Logistics raised $1.6 billion in new equity for business growth and to continue its investment in technology and automation, according to a Tuesday press release. The cold storage provider will use the equity in part to fund future M&A, adding to its growing list of recent acquisitions and in response to the global demand for cold storage. Lineage Logistics also announced new arrivals to its board — all with extensive experience in real estate investment and management, tipping...
SUPPLY CHAIN DIVE
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Researchers were able to fool popular autopilot systems into perceiving projected images as real – causing the cars to brake or veer into oncoming traffic lanes. Researchers said that autopilot systems used by popular cars – including the Tesla Model X – can be fooled into detecting fake images, projected by drones on the road or on surrounding billboards, as real. Attackers could potentially leverage this design hole to trigger the systems to brake or steer cars into oncoming ...
THREATPOST
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A.P. Moller-Maersk, along with BMW, H&M, Levi Strauss, Copenhagen University and others, formed a coalition to explore the use of "LEO" fuel for sustainable ocean shipping. LEO fuel is a blend of ethanol and lignin, a polymer found in plant cell walls. The project currently is in the lab development phase at Copenhagen University. Maersk said the next phase is testing fuel on vessels, which is slated for Q2 2020. The final phase will involve scaling up production of LEO fuel....
SUPPLY CHAIN DIVE
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DBS Bank on Wednesday launched its first multi-tier financing facility on a logistics blockchain platform to help small and medium-sized enterprises (SMEs) in China get faster access to trade financing. With this technology, trade financing can be provided in 24 hours, compared with the weeks and months using the traditional paper-based approach, said DBS. The blockchain platform named Rong-E Lian was developed in partnership with an undisclosed Chinese logistics player believed to be SF Group, ...
THE BUSINESS TIMES
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