ORLANDO, Fla. — The exhibition floor of the Gartner Supply Chain Symposium is annually marked by rows of providers of technology solutions operating out of booths adorned with buzzwords: AI, transparency, resiliency. “Transform” and “transformation” also make frequent appearances. But what Sumit Dutta of EY Americas knows is that the success rate on true supply…
Europe’s shortage of truck drivers will be in the spotlight this year as the European Commission recognizes the Year of Skills, officially launched during Europe Day on May 9. According […]
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Chattanooga, Tennessee-based Lipsey Logistics has confirmed that it was forced to cut a number of jobs as the result of a “constrained and declining freight market.” “We have taken [the] initiative for restructuring, controlling cost and mainstreaming efficiencies, which included a reduction of our workforce,” Kendal Helms, vice president of human resources for Lipsey Logistics,…
Look at virtually any stock chart in any ocean shipping sector and you’ll see a similar pattern. Sometime around late February or early March, shares hit a high for the year to date, posting strong gains versus Jan. 1. Then they went south. Shipping equities significantly outperformed the S&P 500, Dow Jones Industrial Average and…