📺 DoorDash - DoorBuys!
Good morning! On this first day of Hanukkah, as we light the initial candle of the menorah, we also ignite the spirit of anticipation in the world of supply chain and logistics. Welcome to the latest edition of "The Workday Dash," your go-to newsletter for staying informed and inspired in the dynamic realm of logistics.
So let's embark on this enlightening journey together, kindling the flame of knowledge to conquer the challenges ahead. Happy Hanukkah and welcome to the "Workday Dash"! 🕎☺️
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Best Buy Teams Up with DoorDash for Convenient Deliveries
Best Buy is teaming up with DoorDash, and guess what? You can now get all your cool gadgets delivered right to your doorstep through DoorDash. It's not just about electronics; they've expanded their lineup with stuff like electric rides, outdoor gear, wellness goodies, and even gear from Tonal, that home gym company that recently caught your eye. Best Buy is also diving into the world of livestream shopping. They're joining forces with TalkShopLive for a holiday shopping series. So, if you're looking for some virtual shopping expertise, they've got you covered.
This move comes as Best Buy is on a mission to spice up its sales game, especially after a few quarters of not-so-great numbers. Let's see if they can light up the holiday shopping season!
Check out today’s featured article from Supply Chain Dive to learn more about why Best Buy is using a delivery platform to expedite convenient delivery. Will this boost profits for Best Buy? How much money will they earn in the next year?
Featured Article
Best Buy to offer deliveries via DoorDash | Supply Chain Dive
“The partnership marks the first national consumer electronics retailer available on the DoorDash marketplace.”
EV & Sales
Electric Cars in the U.S. Are Hitting Speed Bumps Despite a Strong Start
This year, electric vehicle sales hit a historic high, absorbing a chunk of the market. But, there's a catch – their growth is hitting the brakes, falling short of what the industry expected in its journey to replace gas-guzzlers. More than one million shiny new EVs hit the American roads this year, making up 7.5% of all vehicle sales until November. However, that rapid growth from last summer (when sales skyrocketed by 90% compared to the previous year) has now dwindled.
What's causing this slowdown? Well, it's a mix of lower gas prices, cheaper EVs, and a shift from tech-loving early birds to budget-conscious mainstream buyers. And there's more – worries about finding charging stations, EV range, and where to juice up are still on people's minds. Consequently, the latest data shows EV sales growing at a slower pace, around 35% year over year.
Grant & Funding
CARB Approves $624 Million for Electric Car and Big Rig Funding
The California Air Resources Board (CARB) is making moves in the electric vehicle world. They just gave the green light to a $624 million plan for EV incentives. This cash will touch everything from truck fleets to everyday commuters. Here's the scoop: 63% of the funds set aside for the 2023-24 fiscal year will focus on making EV perks more accessible for low-income and disadvantaged communities. But that's not all - CARB's plan also includes a nifty outreach strategy. They're going all-in with surveys, sit-downs with community groups, and evening virtual meetings to make sure everyone gets a shot at these incentives.
CARB is using this as a toolbox for cleaner transportation. They're backing zero-emission vehicles, giving a boost to e-bikes, chipping in for electric school buses, and helping out truckers who want to go electric.
Let’s Get Global 🌎
Checking out the scoop outside of the United States…
🛢 Russia and Saudi Arabia Call for Full OPEC+ Participation in Oil Cuts. In the world of oil, Saudi Arabia and Russia, the big dogs of exporting, have joined forces. They're sending out a clear message: ‘Let's stick to the plan!' There's been some hiccups and disagreements during recent meetings about output cuts. Now, both Saudi Arabia and Russia are speaking out, but they're not naming names. They just want everyone in the club to play by the rules and help out the global economy. Iran's the elephant in the room here, as they're not too keen on cutting, but no one's calling them out – at least not in public.
🔋China’s Electric Car Assault On Europe Hits Unexpected Ship Snag. Europe's electric car scene is booming, but it's hitting a little speed bump. The early adopters who were all in for electric rides have maxed out, and things are slowing down a bit. However, new rules are coming in to push more electric cars onto the streets. More ships are needed to bring those cars over, and they're not your regular cargo ships. They're specialized electric car carriers, and they're in short supply. China's been eyeing Europe's EV market, but this snag might just give European carmakers a chance to play catch-up, especially in the budget-friendly electric car game.
iLevel With You 🏡
More topics for the average American household to consider…
😕 Loneliness Takes a Toll on Employees in the Workplace, Study Reveals. Did you know that over 40% of folks on the job, especially those in the trucking industry, are dealing with some major workplace loneliness? This is not good news for both workers and bosses. According to a report by Perceptyx, this lonely feeling can lead to a lack of interest in work, less productivity, trouble sleeping, and even not-so-great coping habits. The funny thing, though, more meetings don't seem to help – they just make things lonelier. So, going back to the office might not be the silver bullet either. Even remote workers, who felt the loneliest, didn't think spending more time at the office would fix it.
🚛 California Trucking Regulation's First Deadline Approaches with Little Attention. California's got a new deal called the Clean Truck Check (CTC) rule, which used to go by the name Heavy-Duty Inspection and Maintenance rule. Now, here's the thing – this one's for all trucks, no matter where they're from, that roll around in the Golden State. The clock's ticking, and the first big deadline is truck registration by December 31. But guess what? Lots of truckers out there seem to be in the dark about what this rule's all about.
🎤 Singing Machine Transitions from In-House Logistics to 3PL. Your favorite karaoke gear provider is making some moves. They've decided to team up with Logistics Plus because things are getting a bit pricey out there. The cost of renting commercial spaces, paying for labor, and dealing with supply chain complexities is shooting through the roof. So, Singing Machine thought, 'Hey, why not let the experts handle this logistics stuff?' And guess what? It's paying off big time! This change is going to save Singing Machine a cool $1.6 million in rent and another $1.2 million in labor costs every single year.
Get Smart 🧠
Ramp up that brain power for these advanced topics…
🛳 Port Everglades Enhances Operational Efficiency with New Ship-to-Shore Container Gantry Cranes. Big news from Port Everglades – they've just welcomed three brand-new Super Post-Panamax container gantry cranes to the crew. These mammoth cranes are worth a cool $15.1 million each and stand as tall as a 17-story building – that's a whopping 175 feet! They're not just tall; they can lift containers stacked eight high off a ship's deck and reach a whopping 22 containers across. With these new additions, Port Everglades now boasts a crane collection that includes six Super Post-Panamax, seven Post-Panamax, one Paceco, and one mobile harbor crane.
🔌 Prologis Achieves Halfway Point in Generating 1 Gigawatt of Solar Power by 2025. Prologis, a logistics real estate firm, has achieved a significant milestone by generating 500 megawatts (MW) of energy through rooftop solar and storage installations on its buildings. That's half a gigawatt (GW) of power – and they're shooting for a full GW by 2025. To put it in perspective, 500 MW can keep the lights on in about 86,500 American homes. Prologis has been going green since 2005, slapping solar panels on their rooftops and increasing their solar power output by a solid 32% since September 2022.
🚛 Fleets Can Capitalize on Rising Reverse Logistics Costs and Waste Accumulation. Retailers are facing a real head-scratcher when it comes to handling returns and reverse logistics, especially when the holiday shopping frenzy kicks in. Companies like uShip are riding to the rescue with their online marketplace. It's like a matchmaker, connecting businesses or folks like you and me with carriers who are experts at handling returned merchandise. These carriers know their way around packaging and blanket-wrapping items, so they're perfect for the reverse logistics gig.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 22, 2024, from iLevel Logistics Inc.