Industry News
Supply Chain
- DOL will raise overtime salary threshold to $44K in July, $59K next yearThe final rule expands overtime pay eligibility to millions of U.S. workers, the department said.
- Lovesac pares back inventory costs as it simplifies operationsCosts associated with inbound freight and warehousing costs dropped as the furniture company rolled out planning capabilities and simplified operations.
- Why Amy’s Kitchen added a chief supply chain officerCreating the role helped the food manufacturer streamline its operations and reset its sourcing and logistics strategies, Oksana Woloszczuk said.
- Southern Glazer’s Wine & Spirits promotes supply chain executiveThe beverage alcohol distributor recently promoted Drew Vermilion to SVP of supply chain strategy and chief of staff.
- Biden’s call to hike China steel tariffs falls short, industry group saysThe Can Manufacturers Institute says the president should do more than triple the average tariff rate of 7.5% under section 301.
Packaging
- Automating with Sustainability in MindWatch now as Unboxing Logistics host Lori Boyer interviews Dematic retail expert Kim Baudry on sustainable logistics under the lens of profitability. From an end-to-end view, software and hardware, Kim shares her experience in driving sustainable solutions for businesses like yours.
- Next-Generation Packaging Brings Reliability and Visibility to Supply ChainsThe “next generation” of packaging must meet strict standards of recyclability, reusability, compostability, biodegradability and traceability.
- Industry Guide: Right-Sized Packaging On Demand® Solutions for Furniture and Cabinetry ManufacturersThis guide will share details on how right-sized packaging on demand can help manufacturers address challenges such as reducing product damage, supply chain inefficiencies, labor shortages, and throughput.
- Connecting the Dots: The Role of the Modern-Day Warehouse Execution SystemWithin the four walls of a typical warehouse today reside a host of applications, each designed to manage a wide assortment of tasks. Perhaps the most commonly known among these is the warehouse management system (WMS), which has played a key role in distribution facilities for decades.
- Nucleus Research: Tecsys Improves Throughput Times by 30 PercentAs labor shortages persist and warehouse automation becomes more prevalent, it is critical to stay competitive with a WMS that is both effective and adaptable.
Material Handling
- KION Group and Li-Cycle form battery recycling partnership focused on circular economyKION Group signs agreement with Li-Cycle, a leader in lithium-ion battery resource recovery. Recycling will initially be carried out beginning later this year in a new Li-Cycle plant in the Magdeburg, Germany area with expansion into other countries, including France.
- ProMat 2023 insights: Integrated robotics direction seems well-matched to the timesLabor availability issues remain a core driver for warehouse automation and robotics, but ProMat exhibitors were also talking up analytics, algorithms, and digital twin modeling as a means of containing costs in inflationary times.
- ProMat 2023 attendance sets new mark at nearly 51,000 registrantsProMat returns as biggest supply chain event in its history, with an overall registration count of 50,924 and 1,051 exhibitors.
- Gap Inc. expands its e-fulfillment networkA new 800,000-square-foot DC in Texas optimizes fulfillment processes and the network.
- MHI announces winners of 2023 MHI Innovation and StartUp awardsLast night, during Industry Night at ProMat 2023, MHI announced the winners of the 2023 MHI Innovation and Startup Awards.
Transportation & Distribution
- Watch: Introducing the New and Improved DAT iQ BenchmarkSamuel Parker, director of shipper segment with DAT, describes the company's iQ platform, which hosts the new and improved DAT iQ Benchmark, an AI-powered business tool for shippers.
- Regulators Close Probe After Union Pacific Cuts Back on Shipping LimitsThe STB opened its investigation after crew shortages led to Union Pacific imposing more than 1,000 embargoes in 2022.
- Bellwether Logistics Company J.B. Hunt Sees Dip in Profit, Revenue in Q1 2024The company posted a $127.5 million profit in the opening months of the year, down from nearly $200 million in Q1 of 2023.
- Streamlining Multiple Legacy IT Into a Single Data EcosystemFreight brokerage and transportation management company Transportation Insight needed to streamline multiple legacy systems for interacting with customers and carriers.
- Why Congestion Could Be on the Horizon for Port of L.A. Headed into Peak MonthsA growing economy, drought conditions at the Panama Canal, and systems not designed to plan for trucking schedules could all spell trouble for the Port of LA in the months to come.