OEMs will be able to close the gap that Tesla created with the help of energy policies from the White House and infrastructure already set in place.
Recent analysis from Gartner shows retailers with more than 50% of revenue from the online channel have logistics costs as a percentage of sales that are almost double those of their store-focused counterparts.
Reefer truckload capacity begins to tighten further in the Midwest and Southeast
Dealerships across the nation are already feeling the pressure of low inventory levels. A chip shortage is turning up the heat even more.
This is an excerpt from Monday’s Point of Sale retail supply chain newsletter. The UK grocery supermarket sector was once highly oligopolistic, but in recent years, European brands have expanded […]
Bed, Bath & Beyond reported EPS of less than half consensus estimates. CEO Mark Tritton pointed to tight shipping capacity and elevated freight costs for the miss. Get used to hearing this.
Reefer trailer orders were over 100% above replacement levels in November which shows capacity is trying to return to the reefer markets.
With 2020 in the rearview, there are promising signs that point towards industry growth if one crucial thing takes place: tight inventory levels need to be replenished.
COVID induced demand for goods and spending in the home. How will spending behavior change when vaccines are widespread? Retail Analyst Andrew Cox believes consumer spending will be “A Tale of Two Halves”. See what he means:
Droughts and geopolitical tensions are driving up cotton, corn, and soybean prices and in turn impacting supply chain costs.
Retail analyst Andrew Cox makes five predictions for retail supply chains in 2021. First and foremost: An inventory correction.
Automakers have put a high priority on EVs as the world shifts to cleaner modes of transportation. With demand for EVs forecasted to rise, the demand for rare earth metals used in both EV drivetrains and batteries will definitely be on the rise as well.
Reefer spot volume volatility has exploded across the nation over the past week.
There’s so much change happening around the world as society advocates for sustainable and clean transportation. Although a lot of the hype generated from EV development is deserved, some people believe EVs are overhyped, including Toyota President Akio Toyoda.
Lumber Prices are soaring which is threatening CPG companies with higher supply chain costs.
It’s safe to say that Apple has a major portion of the electronic market on lockdown. Apple’s next strategic move? Developing its own self-driving car and taking it to the streets by 2024. No joke.
Reefer tenders have strengthened significantly out of the nation’s largest markets.
New Class 8 truck orders are increasing and this trend is likely to continue through 2021.
After months of anticipation, COVID vaccines are finally rolling out across the country. However, both GM and Ford have decided against a mandatory vaccination policy.
Coca-Cola slashes jobs in an effort to restructure.
Shippers are looking to speed up delivery and avoid long wait times by utilizing space on the East Coast. As a result, import volumes at eastern ports are on the rise.
Frito-Lay is responding to customers’ demands and have introduced an option for consumers to customize their variety packs.
QuantumScape, a producer of solid-state lithium batteries, has announced a major breakthrough that enables batteries to get an 80% charge in as little as 15 minutes.
As states prepare to administer COVID-19 vaccines, it is still unclear who will be deemed “essential”.
The German automaker wants to put all its time and energy into R&D and building infrastructure that supports the production of EVs, such as plant improvements and equipment upgrades.
Reefer capacity is extremely tight across the country and especially out of port markets.
General Motors is not playing games when it comes to EV expansions. GM’s next move? Offering buyouts for Cadillac dealers who don’t want to invest in the necessary EV upgrades.
A coronavirus outbreak in Frito-Lay’s Vancouver manufacturing and distribution facility causes a temporary shutdown of the facility.
On Dec. 1, KCS announced that the blockades had officially come to an end. The Mexican economy has taken a hit due to the pandemic and the protests only added to the hurt.
The Uyghur Forced Labor Prevention Act is set to disrupt many CPG supply chains.
FedEx and UPS are running into a van shortage amid a record surge in parcel volumes. As the number of packages increases during the holidays, carriers are finding themselves without vans to make final mile deliveries.
DIY (Do It Yourself) projects are draining the supply of mason jars.
There is an ongoing race for EV domination as automakers across the globe push to be No. 1 in the EV market. Today’s focus? Tesla’s strategy to stay on top.
A shortage of smaller turkeys grips the nation as families gather in smaller groups for Thanksgiving celebrations due to the pandemic.
Detroit, like the rest of the U.S, is experiencing a resurgence of positive COVID-19 tests. However, the auto industry is projected to continue operations as normal thanks to effective virus protocols in place.
Consumer Brands Association’s latest survey shows fear among consumers regarding future stockouts.
While critics who oppose the USMCA believe this deal will ultimately disincentivize automotive companies to keep manufacturing facilities in North America due to an increase in production costs, there are strong country-of-origin protections in place that we believe will intensify North American automotive production.
Protestors blocking ports and rail ramps in the Mexican state of Michoacán are disrupting Kansas City Southern de Mexico’s operations and damaging Mexico’s economy.
Walmart’s On-Time and In-Full (OTIF) metrics are at the most strict levels in the company’s history just as the COVID exemption expires.
An increase in consumer demand is causing a container clog, with many ports and carriers running out of space. This surge has caused container prices to sharply increase, forcing automotive suppliers to pay a pretty penny for real estate on these large container ships.
Direct-to-consumer is viewed as a strong growth driver in the future for CPG companies.
