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.
Walmart plans to increase its investment in its supply chain logistics in China by about $1.2 billion, building or upgrading more than 10 logistics distribution centers over the next 10 to 20 years.
Wayfair has appointed Christoph Stark head of North America supply chain.
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.
Target has appointed John Bauer as senior vice president, global inventory management.
Do it Best Corp. has promoted co-op veteran Steve Rose to national logistics manager.
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.
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.
Target Corp. has appointed Ben Cook as svp/global logistics, inventory allocation and replenishment. The company stated that Cook would lead…
The International Housewares Shippers Association (IHSA) has issued a refund to participants for 2015 totaling $186,139. The refund was awarded by…