If you are a manufacturer or distributor, most likely you use many modes to ship your freight, such as less-than-truckload freight shipping or LTL shipping. If you have any experience in shipping LTL, you know how volatile, process driven, and challenging it can be to make sure you get the best carrier, best time, best rate, and are making the best long term decisions.
BNSF Railway Co. says it intends to buy a fleet of 5,000 strengthened tank cars to haul oil and ethanol in a move that would set a higher safety standard for a fleet that's seen multiple major accidents. The Texas-based subsidiary of Warren Buffet's Berkshire Hathaway, Inc. announced the voluntary step Thursday.
"The Federal Reserve reports that industrial production fell 0.3 percent in January, following 0.3 percent growth in December. The abnormally cold weather caused a 4.1 percent surge in utility production last month."
There's one big reason why the United States has a dearth of execution drugs so acute that some states are considering solutions such as firing squads and gas chambers: Europe won't allow the drugs to be exported because of its fierce hostility to capital punishment.
Low U.S. electricity prices in natural-gas-fired plants, for example, are already encouraging investment in energy-intensive industries such as steel and glass. Not yet visible are the advantages that makers of intermediate products, such as plastic-resin pellets, and makers of finished goods, such as plastic toys and plastic auto parts, will reap from cheaper inputs.
Apple is betting on sapphires to be the next big thing for its products. It feels so strongly about using the material that it’s building a factory in Mesa, AZ and signed a development and supply contract with crystal materials manufacturing specialist, GT Advanced Technologies, to make sapphire material exclusively to Apple for consumer electronics.
The newly established Commission for Logistics and Supply Chain Collaboration, which holds its first meeting Feb. 11, aims to develop a statewide strategy featuring a partnership between government and industry in the pursuit of raising the international profile of Michigan’s logistics capabilities.
Wholesale distribution companies are under increasing pressure to reassert their role in the broader supply network. Direct-to-consumer sales by manufacturers threaten to erode margins. The launch of AmazonSupply.com sets the stage for B2B buyers to take advantage of economies of scale that are virtually impossible for mid-market distributors to match.
The 2013 figures, released today by the U.S. Department of Commerce's International Trade Administration, represent a nearly four percent increase in South Carolina's export value, which was $25.1 billion in 2012 and previously an all-time record for the state.
Mondelez International Inc., the maker of Oreo cookies and Ritz crackers, said Thursday that it will close a Philadelphia bakery by 2015 as part of a plan to restructure its supply chain and save money. The Deerfield, Ill.-based snack food maker said the closing will affect about 350 employees.
While a key enabler for the modern supply chain, ERP is often mistaken as the single universal solution to meet every need. Whether the result of over-aggressive vendors or self-imposed rationalization to justify the large investment, the outcome is the same: disappointment with supply chain functionality.
Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
“While U.S. manufacturing continued its growth into the new year, survey data from the Institute for Supply Management (ISM) showed that the pace of factory activity slowed considerably. The overall Index fell by 5.2 percentage points from 56.5 in December to 51.3 in January, still signaling overall output advances but at a far more muted pace."
Country of original labeling supporters, including consumer groups, environmental groups and some independent farmers, say the requirements give consumers valuable information. But livestock groups and meatpackers say it's costly to have to segregate and track animals along the entire supply chain.
Amazon Supply’s stated goal is “to provide earth’s largest, easiest-to-research, discover, and access selection of professional products required to support the maintenance, repair, operations, and project needs of business and professional customers.” And it's already creating disruption in the larger business-to-business buying ecosystem.
Throughout 2013, the company exported 108,705 U.S.-made Honda and Acura vehicles while importing 88,537. In addition, the company achieved record production levels of 1,309,917 units on American soil — a 7.4 percent increase over the previous record in 2012.
Amid a few newsworthy derailments of trains carrying crude oil, energy companies and the public alike are concerned about the future of the U.S. rail infrastructure and what can be done in the near future to mitigate potentially serious and deadly incidents.
A General Motors supplier that manufactures acoustic insulation plans to open a new plant in Warrensburg. Michigan-based Janesville Acoustics announced Tuesday that the plant will supply the Chevrolet Malibu model built at GM's Fairfax plant in Kansas City, Kan. The plant is expected to create 164 jobs in the next two years.
For the second consecutive year, Smalley is pleased to have received General Motor’s prestigious GM Suppler Quality Excellence award. The company develops and manufactures retaining rins, constant section rings, snap rings and more, in standard configurations and non-standard sizes at no additional charge.
Our #3 choice is a very well-known one: Starbucks. Starbucks recently won the AME’s Manufacturing Excellence Award, and is using unique and innovative managerial techniques in order to streamline production and boost efficiency. Starbucks’ Carson Valley production branch went Lean in 2009, and has tweaked its procedures in company areas like shelving, interaction with partners, company safety and plant improvement.
U.S. import prices recorded no change in December, the U.S. Bureau of Labor Statistics reported today, following declines of 0.9 percent in November and 0.6 percent in October. In December, higher fuel prices offset declining nonfuel prices. U.S. export prices advanced 0.4 percent in December, after edging up 0.1 percent the previous month.
With 90 percent of the world’s data created in the last two years, what can we expect our data vaults to hold two or even twenty years from now? Companies who are hiring data scientists with the hopes of harnessing big data and data analytics' mythical promises are potentially making a huge mistake.
A key lean trend is consolidating suppliers and doing away with redundancies. Although this certainly creates cost efficiencies, the main suppliers who are left quite often end up providing needed parts to many companies in the same industry. And if these companies are all depending on the same supplier, or only a few suppliers, unforeseen production problems or sudden shifts in demand can easily send ripples throughout multiple systems.
Our #9 pick is DGI Supply, which uses consolidation as a long-term business strategy that integrates the needs of the organization with a technique to troubleshoot the challenges of an aging workforce in a still-thriving industry.
Inchcape Shipping Services (ISS) is advising that due to the extreme cold weather which has settled over the eastern North American continent, there have been heavy delays in shipping operations since 4th January 2014.