🌊 Flood Fiasco
Good morning! We hope this message finds you well and in good spirits as we delve into the heart of summer. As avid followers of the latest trends and happenings in the supply chain and logistics world, we believe it's important to highlight not only the intricate web of operations that keep our global systems running smoothly but also the occasional delightful diversion that brings a smile to our faces. Every year, on the 11th of July, 7-Eleven, the iconic convenience store chain, celebrates the magical elixir that has captivated taste buds for decades - the Slurpee. This icy, flavorful concoction, loved by millions around the world, is a summertime staple that provides a momentary respite from the scorching temperatures. And on this special day, 7-Eleven generously offers a free Slurpee to all patrons who walk through their doors.
Now, you might be wondering, "What does National Free Slurpee Day have to do with supply chain and logistics?" As professionals in this field, we understand the intricate dance behind the scenes that ensures everyone can enjoy their favorite treats. 🥤🌭
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Severe storms in the Northeast have led to heavy rainfall, resulting in road closures, water rescues, and flash flood warnings. Over 9 million people across the region, including parts of New York, Vermont, Massachusetts, and Maine, are under flood alerts. The National Weather Service issued a flash flood emergency in central Vermont, where severe flooding has already occurred. Tragically, one woman lost her life after being swept away by floodwaters while evacuating her home in Orange County, New York. The rainfall has been extraordinary, with some areas experiencing a 1-in-1,000-year rainfall event. The situation remains critical, and authorities are urging residents to stay safe and be prepared for potential evacuations.
Flash flooding, landslides, and power outages are ongoing concerns. The impact of the storm has been widespread, affecting various states across the region. Emergency personnel and swift water rescue teams have been deployed to assist those in need. The threat of flooding and further rainfall persists, and residents are advised to stay vigilant and avoid unnecessary travel.
Check out today’s featured article from CNN to read more about the horrible floods that are hitting the Northeast and what it could mean for the future. Will there be even more severe weather this winter? When will this be resolved? Will there be more consequences?
Featured Article
Trapped drivers swam out of their cars. A woman died after being swept away by floodwaters. What to know about the heavy rainfall hitting the Northeast | CNN
“Intense rain and flash flooding that left at least one dead in southeastern New York continued to pelt the Northeast on Monday, forcing residents from their homes and prompting road closures and water rescues.”
Human Rights & Ethics
Supply Chain Transparency and Accountability Gain Traction in the Fight Against Forced Labor
The drive for supply chain transparency and accountability in combating forced labor has gained momentum, with consumers, governments, and businesses taking action. Initiatives such as SlaveryFootPrint.org have raised awareness among consumers, leading to increased demand for transparent supply chains. Legislation and technological advancements are pushing companies to map their supply chains and address human rights abuses, while government actions, such as the Uyghur Forced Labor Prevention Act, are reinforcing the need for responsible sourcing.
Despite challenges, the ongoing effort to fix supply chains is crucial in combating forced labor and creating lasting change.
Trucking & Regulations
Battle over Tailpipe Emission Regulations Intensifies between State Attorneys General
Republican and Democratic attorneys general are clashing over the Biden Administration's proposed regulations on tailpipe emissions. While Republican attorneys general argue that the plan would harm the economy and threaten energy security, their Democratic counterparts are pushing for more stringent requirements to combat climate change.
The dispute extends to the regulation of big rig emissions as well, with industry representatives and officials expressing concerns about the feasibility and impact of the proposed rules.
Let’s Get Global 🌎
Checking out the scoop outside of the United States…
♻️ IMO Adopts Stricter Greenhouse Gas Emission Targets for Global Shipping Industry. The International Maritime Organization (IMO) has approved more rigorous greenhouse gas (GHG) emission targets for the global shipping sector, aiming for net-zero emissions "by or about 2050." The agreement also includes interim goals for reducing GHG emissions by at least 20% by 2030 and at least 70% by 2040. While some experts and organizations criticize the targets for not going far enough, the crucial challenge lies in enforcing these standards and ensuring active participation from member nations and shipping companies. Retrofitting ships, exploring alternative fuels, and embracing sustainable propulsion systems will be essential for meeting the goals, but significant investments and technological advancements are required.
🇨🇦 Strike Paralyzes Canadian West Coast Container Terminals. A union strike has halted container terminals at Canada’s West Coast ports, causing significant disruptions to supply chains. The International Longshore and Warehouse Union Canada and the British Columbia Maritime Employers Association failed to reach an agreement, resulting in the strike that began on July 1. The strike mainly impacts containerized operations in key seaports like Vancouver and Prince Rupert, prompting concerns over supply chain effects, inflation, trade reputation, and potential cargo diversions. While proposals have been made to resolve the strike, challenges remain, including the enforcement of new terms and the need for investments in sustainable technologies.
🇲🇽 Mexico Overtakes China as Top US Exporter, Shifting Supply Chain Dynamics. The second quarter witnessed a significant shift in supply chains, with Mexico surpassing China as the leading exporter to the United States, according to the Supply Chain Stability Index by ASCM and KPMG. US imports from Asia declined sharply, highlighting the need for adjustments in supply chains, which will put strain on infrastructure and labor resources. The shift towards near-shoring will require long-term adaptations and collaboration within the supply chain, while also necessitating a reconfiguration of return logistics arrangements.
iLevel With You 🏡
More topics for the average American household to consider…
👩🔧 June Services Economy Shows Growth, Marking Sixth Consecutive Month of Expansion. The latest ISM Report on Business reveals that the services economy experienced growth in June, marking the sixth consecutive month of expansion. The Services PMI stood at 53.9, indicating growth, with 15 out of the 18 services sectors showing gains. Despite concerns about rising inflation and potential interest rate hikes, panelists expressed optimism about the continued growth of the services sector in the coming months.
🤝 Understanding the Expectations of Today's Job Seekers. A recent survey conducted by Hireology highlights the changing expectations of job seekers in the post-pandemic era. The findings reveal that candidates are seeking immediate responses, value factors beyond salary, prefer simplified application processes, and prioritize mobile-friendly experiences. Effective communication, efficient onboarding, and alignment with candidate preferences are crucial in attracting and retaining top talent.
📸 State Attorneys General Engage in Debates over Ticket Camera Use and Automated Enforcement. State lawmakers across the United States are considering legislation on the use of ticket cameras and automated enforcement systems in response to federal guidance authorizing investment in roadway safety programs. Republican and Democratic attorneys general present differing views on the implementation of these technologies, with Republicans expressing concerns about their impact on the economy and energy security, while Democrats advocate for stricter enforcement to enhance road safety. The ongoing debates involve various states, including Arkansas, California, Colorado, Connecticut, Delaware, Illinois, Indiana, Michigan, Oregon, Pennsylvania, and Washington.
Get Smart 🧠
Ramp up that brain power for these advanced topics…
📉 Logistics Industry Contracts for Second Consecutive Month, Inventory Levels Decline. Economic activity in the logistics industry declined for the second consecutive month in June, as revealed by the Logistics Managers' Index (LMI) report. The LMI, which surveys logistics managers across the United States, recorded an all-time low index reading of 45.6, primarily driven by declining inventory levels. The report indicates concerns about a possible inventory shortage for the upcoming peak shipping season, as sluggish conditions in Chinese manufacturing and lower container imports persist. However, future expectations point towards a potential return to more normal industry conditions over the next 12 months.
🤝 Demand Shaping Strategies Extend from B2C to B2B. The adoption of demand sensing and shaping techniques, previously prevalent in the B2C sector, is now making its way into the B2B landscape, according to Sujit Singh, COO of Arkieva. B2B sellers are leveraging data and analytics to sense supply-demand mismatches, identify opportunities, and mitigate risks by shaping demand. While the execution of demand shaping in B2B still relies on human involvement, the integration of predictive analytics offers unprecedented scalability and enables sellers to generate more demand.
🤖 The Magical Transformation of Quick-Service Restaurants with Low-Code Software. Low-code software is revolutionizing the quick-service restaurant (QSR) industry, offering accelerated application development, flexibility for customization, seamless integration, enhanced customer experiences, improved operational efficiency, cost savings, and agility. With low-code solutions, QSRs can wave their magic wands and create delightful experiences, optimize operations, and stay ahead in the competitive landscape. Embracing low code is the key to unlocking the transformative power of technology for QSRs.
🚢 Labor Issues Continue to Impact US Container Imports, According to Port Tracker Report. The Port Tracker report, published by the National Retail Federation (NRF) and Hackett Associates, highlights labor concerns as a significant factor in assessing the state of US-bound container imports. The report projects a decline in import volumes for the coming months, citing labor disputes and potential disruptions as ongoing challenges. While economic growth is expected to continue, concerns over a potential recession remain.