Big-box distribution centers are back in fashion, with a record number of facilities now under construction nationwide, as reported by Robert Carr in National Real Estate Investor.
Consumers depend on mobile devices and search for online and offline shopping, according to a new Google study.
More than two-thirds of smartphone owners use their devices to purchase products or services weekly, according to the report “Mobile Has Changed How People Get Things Done” from Google Inc. released today.
Growing Intermodal volumes are promoting investments by port authorities in inland ports and by railroads in logistics centers.
While some may have you believe that railroads today still use “Civil War era technology,” today’s network features countless components unfathomable at the time of Lincoln. From a sophisticated system in the final stages of testing that uses multidimensional ultrasonic technology to locate defects in tracks before they cause problems, to the use of drones for track and bridge inspections, the industry increasingly resembles Silicon Valley rather than iconic black and white railroad images of days gone by.
Hub walks and talks Green whether it’s at home—its Oak Brook, Illinois, headquarters has been recognized by the U.S. Green Building Council for its environmental and human health performance—or on the road. Learn why we made the list!
As shippers continue to increase demand for supply chain efficiency and speed, and focus their attention on improving the environment by reducing emissions as much as possible, U.S.-based transportation organizations are investing considerable funds in either developing or restoring their rail/intermodal infrastructure.
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Michelin North America said it plans to spend $270 million to build a new distribution complex near Spartanburg, South Carolina, to handle tires for passenger vehicles, heavy trucks and agricultural equipment.Source →
Demand for truckload capacity has been steady but unspectacular of late, and through mid-September, rates for spot van, refrigerated, and flatbed freight varied little from averages in June, July, and August. Shippers have benefited from a sense of “normalcy” on the spot TL freight market, which thus far has been devoid of big splashes and ripple effects that typically drive contract rates higher.Source →
•Lands’ End CEO Federica Marchionni has resigned from her role, effective immediately, the outdoor apparel retailer announced Monday morning.Source →
INDIANAPOLIS — If you intend to be in business 10 to 15 years from now, there are some big issues you’ll face, as trucking and the rest of the surface transportation industry will see big changes – and that will mean companies will have to rewrite their playbooks.Source →
The trucking industry is on the precipice of 10 to 20 years of change unlike it’s ever experienced, says transportation economist Noël Perry, and carriers who want to survive these changes must be prepared for them, he said.Source →
FTR Senior Partner Noel Perry noted at his firm’s transportation conference in Indianapolis last week that average recovery growth for GDP continues to decline, from 7 percent in 1950 to 1 percent in 2016, which means that there will not be much help coming from economic growth over the next 2-3 years, with a best case scenario being 2-3 percent growth during that span.Source →
U.S. truck tonnage jumped 5.9% in August, the largest year-over-year gain for the American Trucking Associations index since May – an increase attributed to volatility rather than clear economic growth.Source →
Hanjin Shipping Co. won’t allow containerships anchored at sea to complete their journeys to the United States, according to an e-mail obtained by Transport Topics.Source →
It’s no secret that a large percentage of orders placed online are being picked up by customers in stores. For IKEA, the combination of online ordering and in-store pickup is central to the international furniture chain’s growth prospects.Source →
The global thermoformed plastics market is expected to grow at a CAGR of close to 5 percent during the period 2016-2020, according to Technavio’s latest report.Source →
Golfsmith International, America’s largest specialty golf retailer, struggling under a pile of debt, appears to have failed in an attempt to sell itself and could be forced to file for bankruptcy within days, The Post has learned.Source →
It’s the greatest thing since sliced bread.
It’s sliced bread delivered right to your car by someone else who fulfilled your shopping list for you! No maneuvering a wonky-wheeled cart, no time-consuming and literally fruitless searches around the store (the raisins aren’t in the fruit aisle or the baking aisle? Which nutcase put them in the nut aisle?) and no waiting in line required.Source →
This week, American Trucking Associations kicked off National Truck Driver Appreciation Week, and many companies within the trucking industry and serving it are recognizing drivers for hard work and dedication.Source →
Campbell Soup Company has been on fire this year, with its stock up 20 percent, and its CEO Denise Morrison says this is just the beginning of leading a major change happening in the food industry.Source →
Q&A: How changing consumer demands are driving incubation, innovation and acquisition in the CPG sector
Consumers’ changing habits and evolving demands are putting increased pressure on consumer packaged goods companies to innovate and offer products that cater to a particular diet or set of beliefs. Large legacy food and beverage companies often lack the agility to quickly change course or bring new products to market and, as a result, many major companies are looking to invest in or acquire small startups.Source →
Pier 1 Imports CEO Alex Smith is leaving at the end of the year. The Fort Worth-based home furnishings retail company said Wednesday the decision was mutually agreed to by the board and Smith. He has been Pier 1’s CEO since 2007.Source →
Target Corp. is building dedicated teams to manage the grocery sections of its stores as part of an effort to turn around declining sales in its food business.Source →
The Department of Transportation (DOT) is considering a 60 mile per hour speed limit for trucks that it estimates could save as many as 500 lives each year.Source →
Today, mobile is a must in every industry, including food retail. From mobile-enabled websites to engaging mobile apps, retailers must establish mobile connections with their shoppers. And with the rising popularity of online grocery ordering and delivery, a strong mobile presence is more important than ever for retailers to stay ahead of the game.Source →
Millennials, a driving force in the economy, are defined as people born from 1980 to 2000 (ages 16-36). According to a report by the U.S. Chamber of Commerce Foundation, millennials are “vocal customers” who “influence the purchases of others.” Because of millennials, there have recently been many new trends in supermarkets and supermarket shopping.Source →
Food that knows if it’s spoiled. Machines that know if they’re about to break. An inventory that regulates itself. It’s not a crazy vision of the future. These are all possible through the meshing of online technology and the devices we depend on for our life and livelihood known as the Internet of Things, commonly abbreviated as IoT.Source →
South Korea’s biggest shipping line, Hanjin Shipping Co., filed for bankruptcy protection on Wednesday as falling trade volumes claimed another victim, shipping is one of the sectors in which South Korea is a global leader, so what does this recent collapse tell us about world trade?Source →
Meijer is jumping into the increasingly crowded food delivery arena. In a move to deliver even more convenience to its time-starved shoppers, the Michigan-based retailer launching an app-based grocery delivery service in Detroit and southeastern Michigan.Source →
In the lead-up to this year’s holiday season, retailers across the country are already making important preparations in the hopes of increasing sales, improving customer service, and preventing data breaches. This last concern carries with it a heavy price tag; according to a survey from the Ponemon Institute, the average cost of holiday season cyber attacks is $8,000 per minute or nearly half-a-million dollars per hour.Source →
Kohl’s comprehensive omnichannel distribution network is about to get even bigger.Source →
PepsiCo is introducing a version of Gatorade that’s certified organic by the U.S. Department of Agriculture, testing whether a product created in a lab with artificial flavors and colors can adapt to America’s growing natural-food movement.Source →
Up and down the West Coast, freight businesses were scrambling Wednesday in the wake of news that Hanjin Shipping Co. of South Korea had filed for receivership.Source →
The department store model could use some fresh ideas. For an upscale department store chain in Australia, one of the ideas they’re trying out is fresh food.Source →
Kroger Co. could be a prime bidder for some Rite Aid or Walgreens drug stores that will need to be sold when those two companies finally complete their merger later this year.Source →
The incredible shrinking Macy’s empire plans to announce the locations of most of its 100 store closures by the end of January.Source →
J. Crew Group Inc.’s flagship chain will start selling an assortment of women’s clothes at Nordstrom Inc. stores, part of a push to revive growth at the moribund brand.Source →
Start with the shoes but move on from there. That’s the plan at Foot Locker Inc., long known for its sneakers. It is reorganizing its stores to further highlight top brands, designating areas to showcase trends, and adding more displays of full sports gear to encourage broader shopping.Source →
This summer, dockworkers, truckers and railroads geared up for a surge of retail goods passing through U.S. ports that hasn’t occurred.Source →
Oreo cookie maker Mondelez says it has ended discussions of a possible merger with The Hershey Co., a combination that would have created a global powerhouse selling some of the world’s best known chocolates and snacks.Source →
Hormel Foods Corporation implemented its plans to use only cage-free eggs in its products that uses them. “We understand that consumers are increasingly requesting cage-free eggs, and are proud of the fact that 100 percent of the eggs we purchase to manufacture our products are cage-free eggs,” according to a Hormel statement.Source →
Federal regulators are proposing a requirement that would force truck and passenger bus companies to install devices that limit their speeds to under 70 mph.Source →
Money. That is the primary reason more women are entering the trucking industry to become drivers, says Ellen Voie, president and CEO of Women In Trucking Association Inc.Source →
TJX Cos. has had consistently strong financial results — the envy of most retailers — but is this the result of something specific to the company or a consumer trend that can be tapped by others?Source →
Back-to-school shopping season is back in full swing. The retail industry’s annual rite of passage is shaping up as a windfall for merchants: Parents are expected to shell out an average $1,642 on student expenses this year, up 33% from 2015’s average of $1,239, according to the latest American Express Spending & Saving Tracker.Source →
Traditional warehouses — large buildings sitting in affordable rural areas along popular shipping routes — have been replaced by new breeds of fulfillment centers. Retailers’ warehouse strategies are changing dramatically and becoming a more critical piece of the ecommerce landscape — from how the geographic location of each warehouse is chosen to how products are documented and placed in a warehouse’s inventory. These logistical innovations are allowing retailers to stay competitive and offer shipping options that keep their customers happy.Source →
Tesco has fired the latest salvo in what is being dubbed the “time wars” between food retailers by launching a same-day click and collect service for grocery orders.Source →
A week after reporting its first quarterly comp decline in more than two years, Target yesterday ran its first-ever storewide sale. Called #TargetRun, the promotion delivered an extra 10 percent off any purchase (with some exceptions) in stores and on Target.com.Source →
Energy drink launches grew 29% in the five years between 2010 and 2015, as the category enjoyed “a new lease of life”, according to market insights provider Mintel.Source →
Traditional breakfast staples such as bacon, eggs and sausage have experienced slight to moderate declines in usage as consumers increasingly choose portable options that are perceived as healthier, said market research firm Packaged Facts. Still, the data suggest Americans aren’t abandoning their beloved battered fare. Sixty per cent of U.S. households use pancake and waffle mix, and 48% choose frozen varieties of waffles, pancakes and French toast.Source →