Bonneville Lock Closure Hinders Supply Chain in Pacific Northwest
More than 100,000 tons of exports will be stranded upriver at the Bonneville Dam for about a month as the Army Corps of Engineers repairs a damaged navigation lock that river users call a “critical link” of the Columbia River trade corridor.
Quest Global Acquires Dakota Moon
Quest Global acquired Dakota Moon Enterprises LLC, a Nevada-based engineering and supply chain services provider to the aerospace industry, according to a Quest news release.
July 3, 2019Walmart Creates Supply Chain to Stock 500 US Stores With Angus Beef
Walmart, The nation’s biggest grocer has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its U.S. stores beginning later this year.
Cynosure Invests in Visible Supply Chain Management
Visible Supply Chain Management has received an unspecified equity investment in its business from The Cynosure Group, an investment firm controlled by the Eccles family in Salt Lake City, according to a statement released April 3.
Opinion: Using Predictive Analytics for More Efficient Supply Chains
Logistics companies depend greatly on accuracy, timeliness and efficiency to meet distribution and customer demands. The use of predictive analytics, however, is changing the game for this industry because of its ability to determine real-time patterns, track data and anticipate these demands to streamline operations.
MUFG Union Bank to Acquire Trade Payable Services
Mitsubishi UFJ Financial Group Union Bank, a subsidiary of MUFG Americas Holdings, will acquire Trade Payable Services, a supply chain finance platform, from GE Capital, per a Jan. 16 press release. Terms were not disclosed.
January 24, 2019Eclipse IA Announces Merger With On Time Staffing
Eclipse IA, a productivity-based staffing solutions provider for the supply chain industry, has announced a merger with On Time Staffing, along with its People Logistics division.
January 22, 2019Oaktree Capital Invests $450 Million in Rail Transportation Firm Watco
Oaktree Capital Management is investing $450 million and forming a strategic partnership with Watco Cos., a privately owned company that provides a broad range of rail transportation services in North America and Australia.
Opinion: The Benefits of a Data-Driven Supply Chain
Methods such as Statistical Process Control, Lean and Six Sigma have been in use for decades, helping manufacturers maximize the efficiency and reliability of their processes. But when it comes to complex, global supply chains, a lack of data has limited the effectiveness of these tools.
Uber Freight Adds Analytics Tool for Shippers
Uber Freight has launched a new data analytics feature designed to help shippers pinpoint problem areas within their supply chains and take action to improve efficiency.