What Fortune 500 is learning from the automotive industry
“…at FreightVerify, it is a distinct honor to play a role in the industry’s transformation,” said FreightVerify’s Greg Nelson.
“…at FreightVerify, it is a distinct honor to play a role in the industry’s transformation,” said FreightVerify’s Greg Nelson.
This week in Borderlands: New Mexico lands first major auto parts manufacturing plant; FedEx closing facility in Texas; Nippon Express opens logistics warehouse in Arizona; and San Diego customs agent charged with taking bribes.
Most sectors, especially retail, are experiencing weakened demand and falling volumes. This is not the case for the automotive industry.
Inside this edition: Warehousing automation will be key; the automotive sector is hot for 2023; and an upsetting trend hits too close to home.
The automotive industry has been going strong while other sectors of the economy are slowing. What are some of the reasons for this and how long will it last?
FreightWaves’ Tony Mulvey and Torqata’s Rak-Joon Choi discuss how visibility and blockchain technology are impacting the automotive industry.
FreightWaves’ Kevin Hill and Teclo Garcia, economic development director for the city of Laredo, discuss supply chain bottlenecks during FreightWaves’ Global Supply Chain Week.
On-demand air charter companies are providing emergency parts deliveries for automakers trying to cope with demonstrations blocking a key U.S.-Canada border bridge.
The American Trucking Associations warned that supply chain disruptions caused by protesters in Canada will affect the U.S. economy.
Manufacturers are feeling the pressure to up their production big time, and that means finding ways to get around continued hurdles like shortages.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s automotive production hits 9-year low; Amazon begins hiring for El Paso fulfillment center; Port Houston appoints first chief business equity officer; and new Arizona distribution center to support e-commerce growth.
“The common agreement is that climate change is real and the need to act is now.”
Sebastian Blanco looks at how different chips can play a big role in making auto production simpler.
New car inventories are down significantly from 2019 due to manufacturing slowdowns and parts shortages. Meanwhile, demand continues to surge, with multiple used car pricing indices showing prices up about 27% year-over-year.
On this episode of Transmission, Grace Sharkey and Sebastian Blanco talk about how user interfaces are changing in the cars of the future.
Parts shortages are beginning to let up, pointing to a looming surge in vehicle production. Still, the market is expected to remain strained for the foreseeable future.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Chip shortage sinks Mexican auto exports in July; Bennett Motors acquires American Eagle Logistics; Yokohama opens new distribution center near Dallas; and meth, fentanyl worth $13M seized at Otay Mesa port of entry.
The automaker is eyeing locations in Texas and Arizona as possible sites for its second electric vehicle factory.
The instability of a global pandemic made it clear that up-to-date technology is required to survive, not just thrive.
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May’s container movements at the Jacksonville port beat the previous record set in October 2019.
Worker pay at Volkswagen’s plant in Puebla, Mexico, ranges from about $15 per day for new employees to more than $50 per day for veteran workers.
On this episode of Transmission, Sebastian Blanco and Grace Sharkey check in with automakers about current supply chain pain points.
On this episode of Transmission, Sebastian Blanco dissects the standard supply chain and explores where there is major room for improvement.
A Mexican auto parts supplier became the first company to receive a labor violation complaint under the United States-Mexico-Canada Agreement (USMCA) on Monday. The complaint against the Tridonex auto parts […]
Ford and GM say the chip shortage could cost the automakers more than $1 billion in earnings during 2021.
On the first episode of Transmission, Sebastian Blanco and Grace Sharkey dive into the ins and outs of the automotive supply chain.
You know that your corner of the automotive industry isn’t exactly niche anymore when mainstream media outlets start encroaching on the topic.
This transaction will benefit the automotive supply and distribution network throughout North America.
There are a couple of trends shaking up the automotive industry in the years ahead. Outside of digitization and electrification, one trend often gets left out: the growing reliance on Mexico and cross-border trade. As OEMs relocate manufacturing down in the South, suppliers are starting to follow in their footsteps.
The United States’ infrastructure was put to the test recently when Winter Storm Uri passed through the lower half of the country. As a result, production at petrochemical plants shut down and the industry is now on the brink of a potential seat shortage.
At this point, the vaccine has rolled out to nearly 24.8 million Americans and counting. The vaccination story is just getting started for the automotive industry, with Stellantis becoming the first automaker to administer vaccines to its workforce.
Tesla has shut down production of its California assembly plant for two weeks due to a variety of supply chain problems. Should there be concerns over the true demand for Tesla vehicles?
Gentherm’s Jaymi Wilson discusses how the traditional supply chain will be disrupted by a new way of thinking with electric and autonomous vehicles.
Cooper Tire sold to Goodyear Tires in a deal worth about $2.8 billion. What effects does this have on Goodyear’s supply chain?
Winter storm Uri was brutal for a lot of people, specifically in the Southeast and Southwest. With that being said, the auto industry experienced some repercussions from the storm worth noting.
It’s a difficult task selling new vehicles when lot inventories are thin. However, with the right strategy, dealers can overcome disruptions in the automotive supply chain.
On Wednesday, the U.S. International Trade Commission ruled against SK Innovation Co. Ltd. for stealing battery trade secrets from LG Chem. What implications does this have for OEMs that rely on SK?
From truck parts to fuel cells, business leaders face challenges in getting critical components and meeting customer expectations for delivery.
Thanks to the congestion in Los Angeles, container rates and volumes in Savannah are both hitting highs. When will volumes stabilize?
The global chip shortage has been running rampant for more than three months now. U.S. senators urged President Biden this week to work with Congress to address this threatening problem.
2020 brought disruption and volatility. But dealers, against all odds, actually performed much better than expected.
Automakers called on the Taiwanese government Tuesday to persuade Taiwan chip manufacturers to reallocate production capacity for the auto industry. It looks like those pleas for help were heard.
Lean inventory doesn’t sit well with supply volatility. The chip shortage, as well as the pandemic, have been a wake-up call for supply chain managers.
There’s a push for more digitization and a growing need for more software as more EVs emerge and more self-driving capabilities are added to cars. Automakers are finding themselves without the expertise to fulfill the need for connected services and AI insights.
Reshoring had been in a slump the past decade, but 2020 saw it increase by more than 45%. As companies look to bring home operations, nearshoring will be on the rise.
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.
Dealerships across the nation are already feeling the pressure of low inventory levels. A chip shortage is turning up the heat even more.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
We’re creating targeted content for the retail, CPG, and automotive supply chains.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Volkswagen Taos starts production in Mexico; Lalamove launches delivery services in Dallas; Dachser Mexico expands in Querétaro; and OmniTRAX grows in South Texas.
Chapman Freeborn buys Arcus Air Logistics, a longtime provider of ad-hoc charters and on-board courier services to the European automotive industry.
Companies that have been outsourcing and far-sourcing their supplies might now look to source closer to their assembly line to have flexibility during times of disruption.
P.A.M. Transportation Services calls out GM strike as the primary reason the carrier failed to meet earnings expectations.
Tariffs starting June 10 at 5 percent to escalate to 25 percent by October 1.
Delays could extend to U.S.-Canada as customs personnel are relocated to deal with immigration on the southern border.