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Dan Rivard
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An example of a few headlines sent to our customers on Feb, 17 2023
Logistic & Supply Chain

powered by Industry Intelligence, Inc.

February 17, 2023


Supply Chain / Logistics Disruption

Businesses in UK, globally must develop better understanding of multi-tier supply chains to limit disruption, according to insurance company Chubb; just-in-time supply chain models have been impacted by mass labor, goods shortages and energy access
PR Newswire (02/15)

DB Schenker and MSC Seal Important Biofuel Deal to Help Reduce Supply Chain Emissions
MSC Mediterranean Shipping Co. SA (02/15)

Geopolitical Change / Disruption

Report finds that supply chain management is primary area of investment in 2023, as well as mergers, acquisitions and restructuring services in terms of resources; companies also seek to localize supply chain, driven by geopolitical volatility: ALM
PR Web (02/15)


Supply Chain Security

Best Practices in Supply Chain Resiliency and Quality Working Group created to recommend best practices, expand MedAccred adoption to improve medical device quality, supply chain resiliency
Performance Review Institute (02/16)

Battery recycler Redwood Materials secures conditional US$2.0B green energy loan from US Energy Dept. in effort to boost US EV supply chain; Redwood claims it can recover over 95% of elements in spent batteries for use in new batteries
Indian Manufacturing News (02/14)

Cloud Computing

Nearly three-quarters of companies believe the cloud or a hybrid solution will be their preferred method for labeling within next three years, while 50% of businesses already deploy important business applications in cloud, global Loftware survey finds
Loftware Inc. (02/14)

Supply Chain / Logistics Software

Food Logistics names Nick Recht of TEKLYNX International as recipient of 2023 Rock Stars of the Supply Chain Award; TEKLYNX offers barcode labeling software, customer support to help supply chains work better
PR Web (02/15)


Rail Cargo / Shipping

CSX President and Chief Executive Officer to Address Barclays Industrial Select Conference
CSX Corp. (02/16)

Ocean Cargo / Shipping

Port of Long Beach in California reports moving 573,772 TEUs in January, down 28.4% from its busiest January on record last year; imports fell 32.3% while exports fell 14.2% amid softening consumer spending, inflation and a shift towards East Coast routes
Furniture Today (02/16)

Marine Ports

ITS Logistics US Port/Rail Ramp Freight Index for February shows significant complications with freight stored on wheeled containers as warehouses work through inventory; possible detention fees could cost shippers tens of millions of dollars/quarter
Globe Newswire (02/14)


Production & Output

Executive Perspective: Ford CFO says automaker can save up to US$2.5B this year through better management of production schedules, drop in raw material prices; Ford to aggressively cut manufacturing, supply chain costs this year
CE Noticias Financieras (Latin America) (02/16)


SymphonyAI Retail CPG's product management director Florian Loinard wins Food Logistics' 2023 Rock Stars of the Supply Chain award; Loinard developed replenishment algorithm to help grocers track fresh items' use-by-date within distribution channels
Business Wire (02/14)

US Foods receives its first battery-electric powered Freightliner eCascadia trucks at its La Mirada, California, distribution center, as company looks to support its near-term science-based emissions reduction targets 
Business Wire (02/14)

Supply Chain Management

Rio Tinto and Marubeni partner to create stronger and more responsible Aluminium supply chains
Business Wire (02/16)

Quest Diagnostics partners with Tower Health to deliver laboratory services; Quest to provide laboratory supply chain expertise, including the purchase of capital equipment, supplies and reagents for Tower Health
Quest Diagnostics Inc. (02/16)

Nonprofit organization Canopy announces that 11 companies have joined Pack4Good initiative to transform unsustainable paper packaging supply chains and protect Ancient and Endangered Forests; companies include Delfort, Seaman Paper, James Cropper, others
Canopy Planet (CanopyStyle) (02/14)

BMW to cut CO2 emissions in entire vehicle value chain by 40% from 2019 levels by 2030; initiatives include using plastic containers made from 90% recycled materials from 2023 onwards, starts pilot program of packaging made of 100% recycled material
Contify Energy News (02/14)

 Stock Report

Latest: Feb, 17 2023

Latest Value Prev Chg Volume YOY Chg
Fedex (FDX) 211.67 213.02 -0.64% 1,278,571 -7.57%
Hunt J B Transport Services (JBHT) 187.95 192.29 -2.31% 720,067 -1.60%
Kansas City Southern (KSU) 293.59 298.55 -1.69% NA 0.00%
Norfolk Southern (NSC) 230.02 238.00 -3.47% 3,169,479 -16.89%
Ryder System (R) 98.65 99.88 -1.25% 308,238 22.27%
United Parcel Service (UPS) 185.55 186.83 -0.69% 2,633,186 -13.82%