Nordstrom Considers Going Private
The Nordstrom family is looking into the possibility of taking their department store private, with a special committee set up to review potential bids.
Why TikTok is outsourcing?
TikTok is reportedly working with third-party logistics (3PL) fulfillment service providers to build its own logistics network.
The Home Depot Unveils Ambitious $500 Million Cost-Savings Initiative
The Home Depot is embarking on a cost-saving initiative worth $500 million to optimize its supply chain and reduce fixed operating costs.
General Motors plans to allocate $632 million to produce next-generation pickup trucks in Indiana
General Motors (GM) has revealed its plan to invest $632 million in an Indiana plant for the production of the next generation of full-size pickup trucks.
Understanding the Factors Behind Rising Business Prices
The reasons behind the ongoing global inflation crisis remain a topic of debate among economists.
Watch: Rethinking the End-to-End Supply Chain
Sumit Dutta, a supply chain expert from EY, believes that to achieve a true "end-to-end" supply chain, businesses need to design their supply chain from the start, considering factors such as sourcing, shipping destinations, and customer service.
CH Robinson, a leading logistics company, has chosen a Ford executive as its new CEO
Bozeman, who most recently served as the vice president of Ford's customer service division, will assume the role on June 26.
Walmart has revealed a series of new initiatives
Walmart has announced new measures to reduce packaging waste in its online orders.
The Impact of Supply Chain Risks on Board Agendas
Supply chain management has gained prominence in board discussions as recent events have highlighted the need for effective risk mitigation.
Dollar Tree appoints former Dollar General executive as Chief Supply Chain Officer
Mike Kindy, who previously served as Executive Vice President of Global Supply Chain at Dollar General, has been appointed as the new Chief Supply Chain Officer at Dollar Tree.
Top US cities for starting a business in 2023, according to WalletHub
A recent WalletHub study ranked major U.S. cities to determine which are the best for starting a business in 2023.
Air Cargo Space Becomes Attractive for Large Shipping Companies
Steamship lines are diversifying their services and seeking a larger share of the global logistics market by entering the rapidly growing air cargo market, according to the International Air Transport Association.
Knight-Swift Reports Weak First Quarter Results
A recent report indicates that the operating income of trucking companies' holdings has declined by 51% this quarter.
Supply Risk Detection Draws Investment from 70% of Companies
A new study by Moody's Analytics has revealed that more than half of businesses are making significant investments in third-party risk management in response to increasing threats to the supply chain and the economy.
Walmart Shuts Down Four Stores in Chicago
Since Walmart set up shop in one of the biggest U.S. cities, it has lost tens of millions of dollars, with its yearly losses doubling in the last 5 years.
Small and Medium-Sized Businesses Face Credit Crunch
In the recent years, with the rise in interest rates, small businesses have been under a lot of financial pressure.
Amazon's Marketplace E-Fraud Battle Costs $1.2 Billion
It has been revealed that retail giant Amazon has spent over $1 billion to combat fraud and fake products on its website.
Challenges arise for FedEx with the integration of ground and express services
FedEx has recently announced that they will be combining their ground and express services, but this move may cause more problems than they anticipated.
The failure of Virgin Orbit's recent launch and the reasons behind it
Virgin Orbit is a subsidiary of the Virgin Group that offers launch services for small satellites through a unique air-launch system.
CEOs need to step up to protect global supply chains from growing risks
By moving out of a reactive mode and proactively addressing supply chain resilience, CEOs can identify and mitigate risks before they become major disruptions.