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  • Australia, Japan Collaborate on Alternative Energy

    • APICS staff
      2017
    Australian Maritime Safety Authority representative Alex Shultz-Altmann and Japanese Transport Ministry representative Masumi Ito signed a memorandum of understanding last week allowing liquid hydrogen to be shipped in bulk for the first time, paving the way for potential commercial trade among other nations. The agreement is part of a sustainable energy trade pilot project that is scheduled to begin in 2020, according to The Japan Times.......Read More
  • Fiat Chrysler Disputes EPA Allegations

    • APICS staff
      2017
    Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne is disputing allegations made by the US Environmental Protection Agency (EPA) that the London-based automaker utilized undisclosed software in some of its models that allowed the vehicles to release more emissions than legally allowed. Marchionne said in a press conference that he is concerned people will draw parallels between these allegations and Volkswagen’s situation, the Detroit Free Press reports.......Read More
  • South Korea Turns to US Eggs Amid Bird Flu

    • APICS staff
      2017
    After losing 26 million chickens to bird flu since November, South Korea has entered into an agreement to buy shell eggs from the United States, according to ABC News. The H5N6 bird flu strain has been the worst in the country’s history, killing a third of its egg-laying hens. Although deals are still being signed, Urner Berry Protein Market Analyst Brian Moscoguiri reports that there are contracts for as many as 3 million to 4 million eggs.......Read More
  • AI Spending to Reach $47 Billion by 2020

    • APICS staff
      2017
    As artificial intelligence (AI) becomes more prevalent in the business community, International Data Corp. predicts that corporate spending on this technology will nearly sextuple within four years from an estimated $8 billion in 2016. Declining technology costs and an increasing need to identify patterns within the growing amounts of business data are driving this trend, The Wall Street Journal reports.......Read More
  • Whipped Cream Shortage Looms Over Holiday Baking Season

    • APICS staff
      24
    An industry-wide supplier issue has resulted in a whipped topping shortage, The Washington Post reports.......Read More
  • Amazon Makes First UK Drone Delivery

    • APICS staff
      2016
    Amazon completed its first successful drone delivery in the United Kingdom on December 7, three years after the e-commerce giant announced it was working toward this new delivery method. The company delivered a package containing an Amazon Fire TV video-streaming device and a bag of popcorn to a customer in Cambridge, England, within 13 minutes of order time, The Seattle Times reports.......Read More
  • Samsung Takes Steps to End Contract Worker Abuse

    • APICS staff
      2016
    Samsung has taken steps to improve treatment of migrant workers in its supply chain following media reports last month that alleged employee abuse. TechCrunch reports that Samsung conducted an on-site investigation into its labor supply companies in Malaysia and has since terminated its contract with one company as a result of the findings. Other labor supply companies still are under investigation.......Read More
  • UPS, FedEx Challenged by Record Holiday Orders

    • APICS staff
      2016
    As this year’s holiday order volume surges past expectations, UPS and FedEx are struggling to handle the millions of online orders that have been placed since Thanksgiving. As a result, on-time delivery rates for both carriers have dipped slightly in recent weeks, compared with their average rates for the rest of the year, according to The Wall Street Journal.......Read More
  • Crude Oil Hits 16-Month High

    • APICS staff
      2016
    A rush on the crude oil market following last week’s Organization of the Petroleum Exporting Countries (OPEC) agreement pushed prices to a 16-month high. As of Monday morning, crude oil cost more than $55 a barrel, Reuters reports.......Read More
  • Maersk Line to Buy Hamburg Süd

    • APICS staff
      2016
    Maersk Line has agreed to buy Hamburg Süd for approximately $4 billion. The deal between the container shipping unit of Copenhagen-based A.P. Moller-Maersk and the German shipping line will make Maersk Line the world’s largest container-shipping line, JOC reports.......Read More
  • Amazon Claims 30.9% of Cyber Weekend Spending

    • APICS staff
      2016
    Amazon garnered nearly one-third of all e-commerce sales between Thanksgiving and Cyber Monday, according to data gathered by Slice Intelligence. Although Amazon still led other online retailers by a wide margin, the e-commerce giant’s market share dipped slightly from 31.1 percent in 2015 because of increasing competition from other players, CNBC reports.......Read More
  • Brazilian Drought Squeezes Coffee Production

    • APICS staff
      2016
    Dutch banking group Rabobank predicts a 2.8 million bag global deficit of Robusta coffee beans for the 2016–2017 growing season. Nearly three years of dry weather have ruined southeast Brazil’s coffee trees, diminishing production and raising prices to multiyear highs, The Wall Street Journal reports.......Read More
  • Toblerone Changes Shape to Combat Rising Ingredient Costs

    • APICS staff
      2016
    Mondelēz International is altering the shape of its Toblerone candy bars. The Deerfield, Illinois-based chocolate maker is increasing the gaps between the candy bar’s famous peaks in response to rising ingredient costs, The Wall Street Journal​ reports.......Read More
  • Alibaba Garners $17 Billion in Singles’ Day Sales

    Chinese e-commerce giant garnered $17.79 billion in sales on Singles’ Day 2016
    • APICS
    • APICS staff
      2016
    Chinese e-commerce giant Alibaba garnered $17.79 billion in sales on Singles’ Day 2017. The self-indulging holiday’s sales fell short of the forecast of $20 billion but surpassed 2015 sales by nearly $3.5 billion, setting a new record.......Read More
  • UPS to Acquire Marken

    • APICS staff
      2016
    United Parcel Service (UPS) has agreed to acquire Yorkville, Illinois-based clinical logistics company Marken. The move will help the Atlanta-based delivery leader broaden its reach in the profitable medical deliveries industry, according to The Wall Street Journal.......Read More
  • Target Taps More Supply Chain Talent

    • APICS staff
      2016
    Minneapolis-based Target Corporation announced the appointment of Shekar Natarajan to the newly created role of senior vice president of network planning and operational design. Starting November 20, Natarajan will oversee the design of the company’s direct-to-store and direct-to-customer supply chain systems, the Minneapolis/St. Paul Business Journal reports.......Read More
  • IMO Sets Sulfur Emissions Limits

    • APICS staff
      2016
    The 170 members of the International Maritime Organization (IMO) made a landmark agreement on Thursday to set limits on sulfur emissions. By 2020, the sulfur content in ship fuel will be limited to 0.5 percent, down from the current limit of 2.5 percent, The Wall Street Journal reports.......Read More
  • Uber's Otto Makes First Autonomous Truck Delivery

    • APICS staff
      2016
    Otto, the self-driving truck subsidiary of Uber, made the world's first autonomous truck delivery in mid-October. A truck retrofitted with $30,000 worth of Otto technology transported 50,000 cans of Budweiser beer from Fort Collins to Colorado Springs, Colorado, according to Wired. ......Read More
  • Global Wine Production Expected to Fall 5%

    • APICS staff
      2016
    The International Organisation of Vine and Wine estimates that wine output will only reach 259.5 million hectoliters in 2016, marking the lowest annual production in two decades, The Guardian reports. Experts are pointing to climatic events as a cause for this year’s projected 5 percent drop in global wine production.......Read More
  • Omnitracs Launches Halloween-Themed Trucking Game

    • APICS staff
     
    Global fleet management solutions provider Omnitracs is helping to make supply chain fun this Halloween with the release of Zombie Dispatch. The web-based game is designed to recognize the important role of truck drivers in the economy and illustrate solutions that can help make fleets more efficient, according to an Omnitracs press release. ......Read More