Shifting away from non-asset transportation services
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Third-party logistics firms have long flourished while offering non-asset-based services, but a change is in the air. Today, 3PLs are beginning to focus on new strategies rooted in assets and the revenue opportunities they provide.
Check out today’s featured article from Supply Chain Management Review to read about the shift to asset-driven companies, as non-asset services provided by 3PLs become a thing of the past. ☕️
Featured Article:
The times they are a-changin’ for the 3PL industry | Supply Chain Management Review
“With apologies to Bob Dylan, the next two to five years will see a shift to asset-driven companies.”
Human Resources & Company Culture 🎉
Military employees can teach critical principles to manufacturing companies
Manufacturing companies can absorb a lot of valuable knowledge from military employees. Improving processes is critical to a company’s success and those with military training have much to offer. Teamwork key indicators, speaking up, and analyzing talent management strategies are just a few of the areas of improvement military personnel can give their two cents.
When changing a company’s leadership culture, there are often many challenges to consider. But change is a core value in the military, and “old thinking” doesn’t last long.
Fuel Tech & Trucking ♻️
The new zero-emission hydrogen electric commercial vehicle is here
Glasgow-based Hydrogen Vehicle Systems (HVS) has unveiled its new clean-sheet-designed hydrogen commercial vehicle, a 40-ton zero-emission HGV (Heavy Goods Vehicle). This vehicle would be the first indigenous UK-designed and developed hydrogen-electric HGV on the market - a major goal of the company.
HVS’ strategic investment partner is the service station and grocery corporation, EG Group, along with Innovate UK, Scottish Enterprise, and Energy Technology Partnership. HVS CEO Jawad Khursheed has highlighted the company’s desire to supply customers with the most advanced HGV in the sector.
Let’s Get Global 🌎
Season 8 Warehouse GIF via GIPHY
📦 There is a growing demand for cold storage which requires new tech implementation. Predicted to grow to $372.29 billion by 2030, the cold storage market will need more energy-efficient cold storage warehousing. Global revenue estimates for cold storage round out at about 77.91% in frozen storage. There is a major need to procure in-house storage solutions for manufacturers’ and distributors’ operations. A data-centric approach is one way to produce a customized solution that ensures optimized storage space for future business growth.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.