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An example of a few headlines sent to our customers on Mar, 18 2022
Logistic & Supply Chain

powered by Industry Intelligence, Inc.

March 18, 2022

 Disruptions

Supply Chain/Logistics Disruption

Antalis has stopped all sourcing from Russian suppliers and is seeking alternative sources in 'an already tight paper market'; company has no business activities in Ukraine, says its Russian subsidiary accounts for less than 0.3% of group's turnover
Antalis International SAS (03/16)

Port worker, driver shortages as well as container, vessel bottlenecks are hitting Chinese ports as COVID-19 outbreaks surge in manufacturing export hubs near Hong Kong and Shanghai; phones, televisions and toys may take longer to get to US, say analysts
Reuters (03/16)

Amazon says it does not expect 'significant disruption' despite warnings by Chinese trade group that COVID-19 lockdown in Shenzhen could delay online orders for even top retailers, including Amazon and Walmart, Bloomberg reports
Business Insider (03/16)

Over 96% of Canadian Pacific union workers voted in favor of a strike over wages, benefits and pensions in Calgary, which could begin on March 16, according to union; trade groups express concern over more supply chain and service disruptions
Baystreet US News Alerts (03/15)

Geopolitical Change/Disruption

Euromonitor expects agriculture, energy, transportation sectors to experience high global impact from Russia-Ukraine conflict; in agriculture, likely response includes passing on cost increases, potential government actions to improve global food security
Euromonitor International Ltd. (03/17)

Analysts on FedEx suspending service into Ukraine, Russia and Belarus: Stephens says decision shouldn't have material impact on results; KeyBanc says FedEx has little exposure in eastern Europe, but big-picture world situation may impact overall outlook
Commercial Appeal (03/16)

 Security/Technology

Supply Chain/Logistics Software

Next-day delivery tech company Veho announces acquisition of reverse logistics start-up QuikReturn to integrate its proprietary software and doorstep pickups platform for its e-commerce customers; Veho plans to scale services to 50 US markets this year
PR Newswire (03/17)

Kuehne+Nagel 's digital road service offering eTrucknow to integrate Alphabet's project Chorus's sensor tech to offer clients the ability to track real-time location, condition of goods; move to lower inefficiencies, gain insight on additional solutions
Kuehne + Nagel International AG (03/17)

TMS provider 3Gtms named on Food Logistics’ Top 100 Software and Technology Providers; platform leverages its offerings across all modes, including LTL and reefer truckload, through a single portal to streamline booking and executing refrigerated loads
GlobeNewswire (03/16)

Chicago-based tech startup OLIMP Freight launches mobile app that connects carriers, brokers with on-demand warehouses for cold and frozen storage, pallet reworks and last-mile delivery; OLIMP has partnerships with over 1,400 warehouses across US, Canada
PR Newswire (03/16)

ORBCOMM launches CT 3500 IoT telematics device, which enables end-to-end, remote management of refrigerated containers and their cargoes on land, rail and sea; users can adjust humidity, controlled atmosphere settings and run virtual pre-trip inspections
GlobeNewswire (03/16)

 Logistics

Trucking/Van Delivery

Autonomous trucking company Plus named to Fast Company's World's Most Innovative Companies list; in addition to a contract from Amazon for 1,000 driver-in units of PlusDrive, company started to deliver pre-orders for over 8,000 units from shippers in 2021
Wireless News (03/17)

Ascend appoints Brad Heisterkamp to newly created role of president of asset operations to help optimize company's networks, create driver-friendly jobs, and deliver high levels of customer service; Heisterkamp was previously regional VP for 3PL firm NFI
GlobeNewswire (03/16)

Yellow Corp. announces that eight of its employees have been named on Women In Trucking Assn’s Top Women to Watch in Transportation, which recognizes efforts to promote gender diversity; since 2019, carrier has had 30 employees earn the distinction
GlobeNewswire (03/16)

J.B. Hunt to grow intermodal fleet to 150,000 containers in next three to five years, up 40% from end of 2021, while BNSF to offer sites in California, Chicago, other hubs to improve efficiency at terminals; move part of joint venture to improve capacity
Business Wire (03/16)

Embark CEO to take US$0 2022 salary to launch Little Robots, a grant fund dedicated to youth robotics and STEM education; first donation awarded to the Afghan Girls Robotics Team to support its education and fund its robotics competitions
GlobeNewswire (03/16)

Ocean Cargo/Shipping

US DOT launches Freight Logistics Optimization Works to create a data exchange between supply chain partners to help speed up delivery times and reduce consumer costs; partners include Port of Los Angeles, Target, FedEx, Georgia Ports Authority and MSC
U.S. Dept. of Transportation (DOT) (03/17)

Seanergy announces completion of biofuel trials on NYK Line's capesize ship which was moving mining cargo between Singapore and South Africa; trials showed that the biofuel resulted in up to 10% less CO2 emissions, when compared with conventional fuel
GlobeNewswire (03/16)

New Zealand's log export market, international log prices improve, but rising fuel prices push up freight costs; Manulife Forest Management sees improvement but some forestry contractors squeezed by weak log prices, lack of work, move out of Northland
Northern Advocate (03/16)

Port traffic up 6.5% in 2021, driven by North America and South Asia, although all regions showed significant growth rates, according to Drewry; global container shipping up 8% in 2021, while air cargo volumes up by over 20% between January and November
CE NAFTA 2.0 Newswire (03/15)

Cold Chain Logistics

Air Canada inaugurates new US$16M cold chain handling facility for perishables such as pharmaceuticals and fresh food at Toronto Pearson International Airport; site features over 30,000-sq-ft of temperature-controlled areas and energy efficient equipment
Canada Newswire (03/16)

Lifoam Industries announces new testing results on its Envirocooler insulated shippers with compostable, 100% bio-based Bioffex technology; after 14 months of testing in a bioreactive landfill environment, Bioffex technology has shown over 90% degradation
Business Wire (03/16)

Seafood products supplier JJ McDonnell selects Tosca's reusable plastic crates for its supply chain; the crates offer a sustainable alternative to EPS foam and corrugated and are most cost effective per use than foam, says Tosca
PR Newswire (03/15)

Logistics/Transportation Management

Cyclyx welcomes freight railway company BNSF to its plastic recycling consortium to expand group's logistics and transportation solutions; BNSF's VP of environment and sustainability, John Lovenburg, joins Cyclyx's executive advisory board
Agilyx Corp. (03/15)

Belgian fresh produce cooperative Hoogstraten invests in life-cycle analysis tool to measure the environmental impact of packaging from factory to shelf; users can assess materials, source, production method, use of water and energy, impact of transport
Perishable News (03/15)

Mobile app Trucker Path debuts COMMANDtm, a transportation management system which aims to enhance driver relationships and manage operations; system integrates with app to provide fuel prices, shipping dock ratings, tracking as well as metric reporting
PR Web (03/15)

Saia LTL Freight opens new terminal in La Salle, Illinois, to offer shippers more direct coverage; company plans to add 10 to 15 terminals nationwide and relocate around 10 others this year
GlobeNewswire (03/15)

 Operations

Manufacturing/Production

Intel announces initial investment of over €33B along the semiconductor value chain in Europe, focusing on R&D and manufacturing; investment will create a next-generation chip ecosystem, address the need for a more balanced and resilient supply chain
Intel Corp. (03/16)

Warehousing

ABI expects 47,000 collaborative robots to be shipped to warehouses globally by 2026 at CAGR of 37%, from nearly 10,000 shipped in 2021; autonomous mobile robot shipments for last-mile delivery expected to increase to 309,000 in 2030 from 7,000 in 2021
ABI Research (03/17)

JD.com's JD Super and K-C enter partnership to deepen cooperation in C2M and large-scale marketing, seeking compound growth of 20% in next three years; current cooperation launched products in maternal and baby stores, supermarkets, built five warehouses
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (03/17)

Distribution

SRS Distribution to lift prices for asphalt shingles, residential roofing accessories by 10%-15%, effective April 11; company cites supply chain disruptions leading to rising costs and freight for products, inflation pressure intensified by global unrest
SRS Distribution Inc. (03/15)

Supply Chain Management

Commentary: New digital selling models will challenge retailers to transform while maintaining existing business, shape supply chain design including fulfillment, pickup, delivery; legacy retailers that fail to move to new model risk losing market share
Business Wire (03/17)

DHL Express signs crew and maintenance agreement with Singapore Airlines to deploy five Boeing 777 freighters to further expansion of its intercontinental air network, support e-commerce; freighters to be operated by SIA pilots from US via north Asia
Deutsche Post AG (DHL) (03/16)

 Fulfillment/Delivery

Order Fulfillment & Delivery

Maersk North America rebrands acquired B2C fulfillment unit Visible Supply Chain Management and its subsidiaries PC Synergy and TriCon to Maersk E-Commerce Logistics, effective March 18; nine fulfillment centers, corporate offices, website to be rebranded
Contify Retail News (03/17)

DHL to roll out global package locker operator Quadient's smart lockers in Sweden, which aim to provide flexibility in when and where to pick up packages to help lower shipping costs for carriers and customers; Quadient has over 15,100 stations globally
GlobeNewswire Europe (03/17)

Walmart plans to hire over 50,000 US workers in fiscal Q1, filling roles at its stores, clubs, campuses and supply chain facilities, Wall Street Journal reports; company also to hire 'thousands' of workers for its new tech hubs in Toronto, Atlanta
Reuters (03/16)

Caja Robotics and Ranpak partner to extend their joint product offerings for the logistics industry; together, companies will provide a broader solution that will optimize fulfillment processes, combining depalletization, picking and packing capabilities
Globe Newswire (03/15)

Protective Packaging

Orbis to feature its reusable containers and pallets optimized for automated systems at upcoming MODEX show in Atlanta; company to showcase its OptiBulk systems, 40x48 Odyssey pallet, PlastiCorr reusable plastic box, ORBIShield protective dunnage, more
ORBIS Corp. (03/15)

Mail/Parcel/Courier Services

California's Ontario International Airport saw over 129,000 tons of cargo shipments in January and February, up 15.8% over same time period in 2019; in February, airport received nearly 61,000 tons of freight and mail combined, up 18% from February 2019
ENP Newswire (03/15)

On-Demand Local Delivery

Rapid grocery delivery firm Getir raises US$768M in Series E funding at US$11.8B valuation as it approaches 40 million downloads in nine countries; company says funds will further support rapid growth within the countries in which it operates
PR Newswire (03/17)

Indian quick commerce startup Blinkit to implement surge pricing during peak demand hours; move seen as part of efforts to reduce burn rate, focus on profitability
Indian Technology News (03/16)

Co-op extends robot-powered grocery delivery service to five stores in Northampton, UK, via partnership with Starship Technologies; move adds 20,000 households to the Northampton service area, which now totals over 80,000 homes
Contify Retail News (03/15)

 Stock Report

Latest: Mar, 18 2022

Latest Value Prev Chg Volume YOY Chg
Fedex (FDX) 227.98 225.91 0.91% 5,701,352 -14.24%
Hunt J B Transport Services (JBHT) 216.28 218.05 -0.82% 891,473 35.26%
Kansas City Southern (KSU) 293.59 298.55 -1.69% NA 31.60%
Norfolk Southern (NSC) 274.39 273.32 0.39% 1,105,681 6.29%
Ryder System (R) 83.77 82.14 1.94% 521,780 10.11%
United Parcel Service (UPS) 222.32 217.81 2.03% 3,520,427 38.39%
SAMPLE REPORT