logistics

Retail
ABI Research: COVID-19 Pressures Logistics Sector

In the aftermath of consumer panic buying of items such as toilet paper and sanitizing supplies, a massive need for trucks to help restock stores has shrunk the capacity available for other products leading to an historically tight trucking market that has dropped 20% in volume in the past two weeks although high-demand goods are still soaking up specific transportation capacity, according to ABI Research.

Retail
Li & Fung Moves To Go Private

Golden Lincoln Holdings has proposed to take global logistics and sourcing company Li & Fung Ltd. private.

Retail
NRF: Imports Rise Ahead Of Tariffs

With concerns rising over proposed new tariffs on products from China, imports at the nation’s major retail container ports have set two new records this summer and are expected to set another in August, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Trade Shows
International Housewares Shippers Association Issues Rebate To Members

The International Housewares Shippers Association (IHSA) has issued a rebate to participants for 2016 totaling $142,672. The rebate is awarded by the IHSA board of directors at the conclusion of the association’s fiscal year. Each participant’s share depends on their level of participation and is based on every 40-foot equivalent unit (FEU) shipped.

Retail
Walmart Building On Jet.com Purchase

The game plan for recently acquired Jet.com is to target Millennials, provide a unique brand proposition and build on distribution advantages inherent and newly available to the e-commerce division, executives proposed at the Walmart annual analyst meeting.

Retail
Target Names Mosier SVP/Fulfillment

Target has named Preston Mosier as svp/fulfillment operations. He will oversee Target’s direct-to-consumer fulfillment centers, as well as the process improvement, customer experience and product management functions related to direct fulfillment.

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