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Supply Chain Dive | January 28, 2020
The World Economic Forum (WEF) launched a self-service, public blockchain traceability platform available for businesses to start mapping and tracking their supply chains with help from Everledger, the International Trade Centre (ITC) and Lenzing Group Thursday. The platform allows users to create maps of their materials and product flow. ITC's other databases will soon be included in the maps — adding "key environmental and social indicators and certifications of supply chain par...
JB Hunt | July 20, 2020
As the year progresses, the increased cost pressure on carriers from pandemic-related expenses will begin to show up in pricing discussions with shippers, J.B. Hunt President of Intermodal Darren Field said on a Thursday call with analysts. The carrier's intermodal revenue was down 7% year over year (YoY) in the second quarter, with operating income down 14% YoY. Volume for the segment was down 2% YoY."It’s hard to see three months, four months from now, much less next year ...
Blue Yonder, Panasonic | April 26, 2021
Panasonic Corporation announced today the acquisition of Blue Yonder, the leading end-to-end digital fulfillment platform provider. Panasonic will buy the remaining 80% of Blue Yonder's shares (for USD5.6 billion), contributing to the 20% it purchased in July 2020. The added investment, including debt repayment, amounts to USD7.1 billion, valuing Blue Yonder at USD8.5 billion. Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone signed an agreement tod...
Prologis | December 01, 2020
A report recently issued by San Francisco-based real estate investment trust organization Prologis brought a profound plunge into how "automation has the power to revolutionize logistics operations.
The report, named "Automation and Logistics Real Estate #1: The State of Automation in Supply Chains," featured three patterns that the firm said will prompt to higher levels of automation in Prologis’s facilities.
The patterns refered to in the repo...
PROCUREMENT AND SOURCING, FREIGHT
PROCUREMENT AND SOURCING, SUPPLY CHAIN
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