Why UPS Stock Can Rise 30%

Investopedia | July 05, 2018

Having underperformed the broader market and rival FedEx Corp By up, we mean the stock could rise 30% based on the $137 price target given by Bernstein analyst David Vernon, who is optimistic about the company’s recent agreement with the Teamsters labor union that he thinks will contribute to slower wage growth. While Vernon also likes FedEx, he warns that investor concerns over protectionism and tariffs are not without merit, according to Barron’s. Follow us: Investopedia on Facebook By up, we mean the stock could rise 30% based on the $137 price target given by Bernstein analyst David Vernon, who is optimistic about the company’s recent agreement with the Teamsters labor union that he thinks will contribute to slower wage growth. While Vernon also likes FedEx, he warns that investor concerns over protectionism and tariffs are not without merit, according to Barron’s.

Spotlight

Global supply chains are becoming longer and more fragmented, presenting significant new issues for logistics professionals. In one survey, 104 global supply chain executives reported that visibility (21.1%), fluctuating consumer demand (19.1%), and inventory management (13.2%) were their biggest challenges.1 Many factors add complexity to global supply chains, including longer lead times and lead-time variability and an increasing number of suppliers, partners, carriers, customers, countries, and logistics channels.


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SUPPLY CHAIN

DHL SUPPLY CHAIN EXPANDS PARTNERSHIP WITH LOCUS ROBOTICS, DEPLOYING HIGH-PRODUCTIVITY ROBOTICS AUTOMATION AT TWO NEW WAREHOUSE SITES

DHL SUPPLY CHAIN | September 28, 2022

Locus Robotics, the leader in autonomous mobile robots (AMR) for fulfillment warehouses, announces the expansion of their partnership with DHL Supply Chain, the contract logistics leader within Deutsche Post DHL Group. The extended partnership includes the deployment Locus autonomous mobile robots (AMRs) at DHL Supply Chain's Canal Winchester and Lockbourne, Ohio fulfillment centers to support high-volume order fulfillment for global clothing retailer customer, Carhartt. Locus's growing relationship with DHL Supply Chain further emphasizes the increasing demand for warehouse automation to support fast-growing retail brands such as Carhartt, said Rick Faulk, CEO, Locus Robotics. "Locus's flexibility, seamless scalability, and fast ROI has been a proven approach that enables DHL to consistently meet and exceed their customers' expectations, especially as we head into the peak season. DHL Supply Chain's ongoing implementation of Locus's innovative AMR technology ensures that DHL fulfillment center operations are optimized to meet rapidly increasing volumes and seasonal peakswhile also helping to control operating and labor costs. LocusBots optimize worker productivity in the order fulfillment process by decreasing walking time and improving worker ergonomics and workplace quality. "Implementing Locus has quickly proven to be an ideal choice to deliver high productivity, letting us fulfill orders at a record pace, Locus's ease of use and fast training has also helped us with recruiting and retaining employees and seasonal workers. So, all the way around, there are some real competitive advantages." -Tony Gariety, Vice President Distribution Operations, Carhartt. Since 2017, DHL Supply Chain North America and Locus Robotics have partnered to support piece picking order fulfillment in warehouses for a range of retail and healthcare brands. LocusBots navigate autonomously through the warehouse and collaborate closely and safely with associates to improve order picking productivity and throughput efficiency. They can be flexibly and seamlessly deployed as demand changes, supporting a diverse range of picking strategies and workflows. ` As the supply chain and logistics industry has rapidly transformed, we have developed an accelerated digitization program, which aims to identify, nurture and deploy innovative technology solutions at scale," said Tim Dolcich, Director of Engineering, DHL Supply Chain. Locus has been a trusted partner in providing solutions that challenge how we do business and improve customer outcomes. About Locus Robotics Locus Robotics' revolutionary, multi–bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece–handling productivity 2–3x, with less labor compared to traditional piece handling systems. Locus helps retailers, 3PLs and specialty warehouses efficiently meet – and exceed – the increasingly complex and demanding requirements of fulfillment environments. Easily integrating into existing warehouse infrastructures without disrupting workflows, Locus transforms productivity without transforming the warehouse. For more information, visit www.locusrobotics.com. DHL – The logistics company for the world DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 350,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as "The logistics company for the world".

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LOGISTICS

Shipwell Partners with NMB Solutions Inc. to Provide Certified, Robust TMS Solution for the Microsoft Dynamics 365 Community

Shipwell | September 16, 2022

Shipwell, an industry-leader in cloud-based shipping and logistics, and NMB Solutions Inc., which provides a Microsoft-certified D365 Gateway for multi-modal transportation, parcel shipping and compliance solutions for Microsoft Dynamics 365 (D365), today announced their partnership, bringing Shipwell’s modern, best-in-class Transportation Management System (TMS) to the Microsoft D365 community.Now, more than ever, industries across various sectors are demanding significant efficiency gains and looking to reduce transportation and supply chain-related costs. By integrating Shipwell’s powerful, modern TMS with NMB’s Microsoft-Certified Gateway for D365 Finance and Operations module, this partnership paves a way for state-of-the-art, cloud-native solutions to automate, optimize and streamline customers’ supply chains. Born from the recognition that supply chains must evolve to match the needs of a changing industry, Shipwell’s technology creates a better experience for businesses and customers. From instantly uncovering greater efficiency and cost savings in shipping options to automated disruption monitoring and management, Shipwell’s centralized solution transforms supply chains to be responsive and streamlined. NMB Solutions has been an innovator in the Microsoft community for 15+years, and has been hyper-focused over the last several years on providing mission-critical and purpose-built solutions for the Microsoft D365 community. “This partnership is a natural fit for both companies, Shipwell’s TMS solution slides right into the wheelhouse of the majority of North American D365 Finance and Supply Chain customers. It is affordable, robust and scalable. D365 customers needing modern-day TMS capabilities will be amazed by what they can achieve with this solution.” -Chris Morgan, president of NMB Solutions. Shipwell’s robust, reputable, Gartner-recognized TMS platform integrates seamlessly with existing business applications, partners and workflows, reducing implementation time for go live in as little as 8-10 weeks. The solution not only minimizes customers’ IT and integration resource requirements but also maximizes savings and value. We are excited about the opportunity to bring D365 ERP connectivity and experience to the Shipwell network with NMB Solutions,said Greg Price, CEO of Shipwell. “NMB is an expert in D365 and supply chain, and they bring a wealth of knowledge and capabilities to this partnership and to the Microsoft community. NMB’s Gateway for TMS is a game changer, and combined with Shipwell’s modern-day TMS, the Microsoft D365 community will now have the ability to deploy best-in-class, certified solutions for transportation management and real-time visibility – resulting in significant efficiencies, savings and continuous improvements. Backed by AI and machine learning capabilities, Shipwell’s data-driven technology provides automation, comprehensive tracking, exception management and advanced analytics at every point in the supply chain, allowing customers to proactively address delays and reduce spend. To learn more about this partnership, visit the NMB booth and product showcase at the upcoming D365 Community Summit in Orlando. About Shipwell In a world where shipping expectations and complexity are greater than ever, Shipwell is on a mission to empower supply chain efficiency at scale across every company size, stage, and industry. Supply chain solutions today are highly disconnected, rigid, and difficult to use, but Shipwell is disrupting the status quo. Our solution combines everything our customers need in a comprehensive platform that adapts as the market and business demands change, so they can effectively manage the entire process in one place and never have to rip and replace. Shipwell is proud to be recognized by industry experts as a leader in shipping and logistics, including Gartner Magic Quadrant for TMS, Forbes 2020 Next Billion-Dollar Startup, and was named fourth fastest-growing company in North America on the 2021 Deloitte Technology Fast 500. To learn more, visit www.shipwell.com. About NMB Solutions Inc. NMB Solutions is a Microsoft Gold Business Applications Partner. The company was founded in 1999 as a VAR and implementer of Axapta, which would go on to become Microsoft Dynamics AX. In 2013, NMB transitioned to an ISV, solely focused on delivering third-party parcel shipping and LTL solutions for Dynamics AX. Today, NMB has customers across the globe in many different industries. To learn more, visit: www.nmbsolutions.ca, or visit our booth #814 at NA Community summit 2022.

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LOGISTICS,TRANSPORTATION

Harbinger and Wabash to Collaborate on Next Generation Solutions for Transportation and Logistics

Harbinger | September 15, 2022

Harbinger, a revolutionary vehicle and technology manufacturer poised to transform the medium-duty commercial electric vehicle (EV) industry, announced a new collaboration with Wabash, North America's leading manufacturer of trailers and truck bodies, that aims to leverage Wabash's industry-leading expertise in composite materials in the last mile delivery space. The persistent driver shortages that logistics providers now face are driving new demands for vehicles that are comfortable to operate in all climates. At the same time, stubbornly elevated fuel prices, widespread emissions reduction targets, and an increased public awareness of the impacts of climate change are raising the pressure on manufacturers to reduce vehicle weight, leading to competing engineering demands that cannot be satisfied using yesterday's technology. "Electrifying the medium-duty trucking industry will only happen with the commitment of manufacturers, distributors, and technology companies who are actively seeking innovative solutions to define the next frontier of the industry We are working closely with industry leading partners like Wabash to bring the commercial electric vehicles to market that are so desperately needed today to improve supply chain efficiency and reduce environmental impacts." -John Harris, CEO of Harbinger With 13 primary manufacturing locations, over 6,000 employees, and over $1.8B in revenue in 2021, Wabash is attacking the challenges of electrification with scale and experience. The company has a comprehensive network of dealers, parts, services, and upfit capabilities to streamline the ownership experience for end users. As the first company to develop an entirely new, vertically integrated electric platform for the medium duty segment, Harbinger's vehicles offer improvements in safety, driver experience, and productivity, tuned to the needs of commercial fleet operators and specialty vehicle customers. We're excited to continue our collaborations with electric vehicle manufacturers like Harbinger to deliver sustainable solutions in the last mile and home delivery market," said Dustin Smith, chief strategy officer at Wabash. Wabash intends to be at the forefront of the commercial EV market, leveraging our proprietary DuraPlate® and EcoNex™ material technologies to reduce weight without sacrificing structural integrity of the vehicle. By combining Harbinger's electric chassis with our lightweight and long-lasting truck bodies, together we are building solutions that are responsive to today's dynamic market conditions. About Harbinger Harbinger is a commercial electric vehicle (EV) company on a mission to transform an industry starving for innovation. Harbinger's best-in-class team of EV, battery, and drivetrain experts have pooled their deep experience to support the growing demand for medium-duty EVs. Leveraging a foundation of proprietary, in-house developed vehicle technologies designed specifically for commercial vehicles, Harbinger is bringing a first-of-its-kind EV platform to market, priced for zero acquisition premium. Harbinger: familiar form, revolutionary foundation. To learn more about Harbinger, please visit www.harbingermotors.com. About Wabash As the innovation leader of connected solutions for the transportation, logistics, and distribution industries, Wabash ( NYSE: WNC) is Changing How the World Reaches You®. Headquartered in Lafayette, Indiana, the company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from first to final mile. Wabash designs and manufactures a diverse range of products, including: dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment.

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FREIGHT

TenderEasy, Part of Alpega, Announces Partnership with Upply to Provide Users With Smart Freight Benchmarking Data

TenderEasy | July 12, 2022

TenderEasy, Alpega’s cloud-based freight procurement solution, is glad to announce its latest partnership with Upply, an AI-driven benchmarking provider offering road, sea and air freight data prices across the globe. The partnership delivers live benchmarking data to TenderEasy’s users through full integration of Upply’s data into TenderEasy‘s platform, providing them with the necessary information to understand the current prices in the market, as well as their evolution over time. This gives the customer the possibility and the power to decide when a tender is competitive and what steps to take in the potential negotiation rounds with carriers. “Partnerships and integrations like this one adds value to everyone planning or running a freight RFQ. In such a volatile market, we at TenderEasy want to ensure users have the latest insights to decide if, where and when to run a tender”, -Johan Vagerstam, co-founder of TenderEasy and Director Product Management at Alpega. Partnerships in the digital ecosystems are key to provide cutting-edge software and platforms. Even more in the transportation industries today where prices fluctuate on a weekly basis and capacities are difficult to find and secure. Our partnership with TenderEasy aims at sharing market data and making it available directly to supply chain experts in their procurement solutions for them to take the best decisions.comments Thomas Larrieu, CEO at Upply.

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Spotlight

Global supply chains are becoming longer and more fragmented, presenting significant new issues for logistics professionals. In one survey, 104 global supply chain executives reported that visibility (21.1%), fluctuating consumer demand (19.1%), and inventory management (13.2%) were their biggest challenges.1 Many factors add complexity to global supply chains, including longer lead times and lead-time variability and an increasing number of suppliers, partners, carriers, customers, countries, and logistics channels.

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