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Aurora raises another $483 million for driverless trucks
Self-driving trucking technology provider Aurora Innovation Inc. on Friday raised $483 million in financial backing, which puts the Pittsburgh-based company on the path to deploy driverless trucks at scale and become a cash flow positive…
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Report: common workplace accidents are majority of claim costs
The most common workplace accidents lead to the costliest claims, according to an annual report from insurance firm The Travelers Companies Inc.By the numbers, the most frequent causes of workplace injury are:Overexertion (29% of claims…
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Containership and port operators face a host of issues as peak season arrives
The first half of 2024 hasn’t been particularly kind to shippers, global containership operators, and U.S ports. They’ve dealt with rebel attacks on ships transiting the Suez Canal and the Red Sea, as well as extended transit times and…
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Hurricane Debby threatens “catastrophic flooding” across Southeast
Flooding could disrupt supply chains across the Southeast U.S. this week, as Hurricane Debby sweeps slowly over the region state with drenching rain after making landfall this morning in northern Florida’s Big Bend.The region’s major…
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Track and trace revenues to surpass $7 billion in 2032, ABI says
Revenues generated by products used in food cold chain track and trace practices are forecast to surpass $7 billion annually in 2032 as the adoption of cold chain telematics solutions for refrigerated trucks and containers in the food…
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Alibaba to launch AI-powered sourcing engine for B2B e-commerce
Chinese e-commerce powerhouse Alibaba will launch an AI-powered conversational sourcing engine in September, saying the tool will revolutionize the global sourcing process for small and medium-sized enterprises (SMEs), making it more…
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Gartner: 76% of logistics transformation projects never fully succeed
Logistics leaders regularly launch transformation initiatives, but a Gartner study shows that 76% of them never fully succeed, instead failing to meet budget, timeline, or key performance indicator (KPI) metrics.A principal reason for…
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Citywide Facilitates $27.5M Industrial Building Acquisition for Setna iO/Setnix
Tempe, Ariz. – July 30, 2024 – Citywide Commercial is pleased to announce that it has successfully facilitated the acquisition of a prime 112,300-square-foot industrial property located at 1345 S. 52nd St. in Tempe, Arizona.
The…
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ABB Baldor-Reliance EC Titanium motors earn ENERGY STAR Emerging Technology Award
The ABB Baldor-Reliance EC Titanium motor has been recognized with the U.S. Environmental Protection Agency’s 2024 ENERGY STAR Emerging Technology Award. This annual award recognizes products that meet stringent performance criteria in…
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Making Mattel’s supply chain strong “kenough”: interview with Roberto Isaias
This story first appeared in the July/August 2024 issue of Supply Chain Xchange, a journal of thought leadership for the supply chain management profession and a sister publication to AGiLE Business Media & Events’ DC Velocity. …
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