When photos from the megafires that blazed through New Mexico appeared on the screen, several people gasped. The Cerro Grande fire in 2000 burned 43,000 to 48,000 acres and cost Los Alamos National Laboratory $331m, not including productivity. The Las Conchas fire in 2011 cost $15.7m. Then two years later came the flood.
President Trump has personally pushed U.S. Postmaster General Megan Brennan to double the rate the Postal Service charges Amazon.com and other firms to ship packages, according to three people familiar with their conversations, a dramatic move that probably would cost these companies billions of dollars.
Companies are paying more for supply-chain skills in a hunt for buyers, planners and transportation managers who can help offset growing freight and raw materials costs.
A relatively high duty exemption for small packages imported into the U.S. is having all kinds of consequences for the flood of goods generated by e-commerce.
Convinced that blockchain is on the brink of transforming the package-delivery business, FedEx Corp. is testing the technology to track large, higher-value cargo.
In December, the sticker price on the average U.S. automobile hit $38,616, a level not seen since “Tesla” evoked the image of an electrical engineer. Come summer, carmakers will probably break that price record again. It’s true, there are still plenty of cheap wheels to be had in the reasonably priced basement. It’s just that the top of the market is speeding away.
One year ago it was the WannaCry ransomware attack. Less than a year ago, the NotPetya cyberattack cost organizations like Merck & Co., FedEx, the port of Rotterdam and a whole host of others billions of dollars in total. Today geopolitical tensions are increasing and with them, the threat of more, and more-devastating, cyberattacks.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using finance and revenue management solutions for supply chain optimization.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.