PROCUREMENT AND SOURCING,SUPPLY CHAIN
Boston Consulting Group | December 12, 2022
Boston Consulting Group (BCG), a global management consultancy, and leading advisor on decarbonization to the maritime industry, and American Bureau of Shipping (ABS), a global leader in providing classification services for marine and offshore companies and assets, have today signed a memorandum of understanding to join their technical and consulting expertise in the maritime and offshore industries, providing joint support to clients’ decarbonization journeys.ABS has deep knowledge of and experience in the marine and offshore industries, as well as extensive insight into the dynamic sector’s regulatory landscape and a global network of sustainability centers.
BCG offers strategic perspective, change management, and transition design that provide a unique, end-to-end proposition to capture future benefits in the marine and offshore value chain.
Peter Jameson, Partner and Global Lead for Climate and Sustainability in BCG’s Infrastructure, Transport and Cities practice, said: “High uncertainty around regulation, technology and new markets requires every player across the maritime value chain to work together. Taking a bold leadership position, even with uncertainty, will create an advantage for first movers, and sustainable business for followers.”
“We are excited to be bringing two global and industry recognized brands together to help the maritime industry, governments, charterers, suppliers, shipyards and shipowners deal with the challenges and opportunities of decarbonization. ABS is built to play in the sweet spot of safety, technology and regulations while BCG is built to play in the sweet spot of strategy, transformation and change management. Bringing these capabilities together will provide a unique offering to help the industry safely unlock value, manage risks and take advantage of opportunities over the life cycle of the clean energy transition in a changing world. Success is a team sport and together ABS and BCG will make a difference.”
-Christopher J. Wiernicki, ABS Chairman, President and CEO
The new joint proposition will help clients achieve their net-zero goals, supporting asset owners in their efforts to explore feasible options for operational and technical improvement, advise on carbon capture technologies, and the uptake of alternative and low-carbon fuels, among other consultative services that support carbon reduction strategies.
The BCG/ABS offer is also aimed at those looking to tap into the opportunities afforded by the transition to net zero. This would include all businesses that feed into the low-carbon value chain for offshore industries, including renewable energy producers, low-carbon fleet development, and subsea storage, among others.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fuelled by the goal of helping our clients thrive and enabling them to make the world a better place.
About ABS
ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance, and operational efficiency for marine and offshore assets.
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LOGISTICS
FedEx Corp | December 14, 2022
FedEx Corp. (NYSE: FDX) announced the launch of FedEx Consolidated Returns in the U.S., a solution that offers a low-priced, easy e-commerce returns option that merchants can pass on to shoppers. The expanded solution will launch in early 2023.“As the returns market grows, FedEx continues to explore innovative alternatives for our customers. While this solution will provide a low-priced returns option for merchants, it’s also a simple, convenient process to help retailers deliver a shopper-friendly experience,” said Ryan Kelly, Vice President, E-Commerce & Retail Marketing, FedEx Services.
FedEx Consolidated Returns is facilitated through supply chain services offered by FedEx Logistics and FedEx Office. Shoppers who purchased from participating merchants can drop off the items they wish to return – no box or label required– at approximately 2,000 FedEx Office locations. The returned items will then be consolidated with other returns from a variety of merchants, saving materials and space. The items are then processed through FedEx Logistics and sent back to the merchants via a less-than-truckload option.
This marks the latest addition to the growing FedEx Returns portfolio, which also includes printer-less and package-less return options at over 10,000 locations nationwide.
According to data from Forbes, consumers now rank in-person box-free returns as the number one preferred method for online returns, while mail-in returns have dropped to the fourth-ranked position. Nearly half of the shoppers surveyed do not have continuous access to a printer that can be used for printing return labels.
“FedEx Consolidated Returns is another way FedEx is helping merchants build customer loyalty by making the returns process simple and effective. Having a streamlined but low-cost option helps retailers stand out in a competitive market and adds to the overall returns portfolio at FedEx,”
-Patrick Super, Vice President, Retail, FedEx Supply Chain.
FedEx Consolidated Returns– Key Points
FedEx Consolidated Returns is a low-priced e-commerce solution for low weight returns tendered through FedEx Office and consolidated back to merchant via FedEx Supply Chain reverse logistics.
Value for merchants: lower-cost solution for high-volume returns, end-to-end visibility of return items, helps provide shopper-friendly experience in a competitive e-commerce market.
Convenience for shoppers: no box or label needed with access to approximately 2,000 FedEx Office locations. Simple return process using a QR code.
Environmental benefit: may reduce carbon emissions compared to single prepackaged/prelabeled returns as return items are consolidated into one box before being shipped to returns center.
About FedEx Logistics
FedEx Logistics plays a key role within the FedEx portfolio with its comprehensive suite of integrated logistics solutions. The company provides air and ocean freight forwarding, supply chain solutions, customs brokerage, and trade management tools and data from a single trusted source. For more information, visit fedex.com/logistics.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $95 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its nearly 550,000 employees to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
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PROCUREMENT AND SOURCING,TRANSPORTATION
Gardewine Group Limited | November 09, 2022
Gardewine Group Limited Partnership ("Gardewine"), a leading service provider in the transportation and warehousing industry has announced the addition of seven electric Ford Transit vans and one International electric MV series truck to their existing fleet of vehicles.
"We're excited to make this announcement,.As we announced in October 2021, having the opportunity to bring our fleet to the next level of innovation and follow through with our commitment to reduce emissions is important to us. We made this commitment, we stuck to it, and here we are with a sustainable solution we believe in."
-Mr. Darin Downey, President and Chief Operating Officer of Gardewine
The new Ford E-Transit courier vans run on an all-electric platform. With no gas usage or oil changes these units are true zero emission vehicles. The E-Transit carries a single 198.0-kW electric motor on the rear axle, with a 68.0-kilowatt-hour (usable) lithium-ion battery and integrated with a single-speed transmission. With Ford's telematics connectivity suite of fleet management tools such as instantaneous and cumulative energy consumption, charge speeds, distance to empty, etc., Gardewine will help to better optimize overall running costs and fleet uptime.
The International electric MV series truck is a zero-emissions vehicle outfitted with an electrified, fully integrated powertrain thus ensuring all components are optimized to work with each other as a system. The truck is outfitted with a combined 210kWh Lithium Iron Phosphate (LFP) battery pack capable of moving loads up to 13,000lbs (about 5897 kg).
Mr. Downey continues, "The world has changed, and we recognize the need to make ongoing commitments to make the world a better place while continuing to provide the world-class level of service our customers deserve and have come to expect. This is an exciting and inspiring time for our company." You can learn more about Gardewine at gardewine.com.
About the Gardewine Group
Gardewine, a multi-service transportation company headquartered in Winnipeg, Manitoba is a subsidiary of Mullen Group Ltd. of Okotoks, Alberta. Gardewine has 70 years of experience in the trucking industry, operating seven divisions – General Freight, Dedicated, Deck, Bulk, Logistics, Warehousing, and Moving & Storage – and offers a wide range of transportation, logistics, and warehousing solutions. With a network of 34 terminals, Gardewine serves communities and customers from BC to Quebec, as well as offers single-source third-party logistics to national and global markets.
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