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Technology: Page 147
Port of LA Kicks Off 2024 with Near-Record January Volume
January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.
Airbus Aims to Complete 800 Aircraft Deliveries in 2024
The company said in an annual earnings report February 15 that it wants to deliver 800 commercial planes in 2024, up from 735 in 2023.
General Motors, Panasonic Sign Investment Deals with Canadian Graphite Producer
GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said.
Oil Demand Growth Slowing as Non-OPEC Supply Increases
The IEA said that it anticipates oil demand will peak by 2030 as the world attempts to transition to cleaner energy sources. OPEC says it will peak after 2044.
Three Critical Steps Toward Mastering Total Inventory Optimization in 2024
Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side.
Log-hub Update Includes 3D Maps for Supply Chain Visualization
Log-hub said that its 3D maps offering will provide users with increased efficiency and more strategic insights into how companies navigate global supply chain networks.
Maersk: Red Sea Diversions Could Extend into Second Half of 2024
Maersk said that it has added about 6% more vessel capacity to its schedule to keep the flow of trade moving, further adding to the company’s operational costs.
Staff Shortages Remain Top Challenge for Supply Chain in 2024
Respondents expressed optimism in the economy, and more than 50% say they’ve seen a “greater focus and understanding of supply chains” from those in the C-Suite.
China-U.S. Average Container Leasing Rates Up Threefold Since November
An industry expert from a Californian freight forwarding company said they anticipate organizations will have to deal with equipment shortages due to vessels being rerouted away from the Red Sea.
Accenture Agrees to Acquisition of Insight Sourcing
Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.
Rideshare, App-Based Delivery Drivers Striking in the U.K. and the U.S.
Uber and Lyft drivers are holding daylong strikes in Chicago, Philadelphia, Pittsburgh, Miami, Orlando, Austin, Newark and several other cities.
Oracle Unveils New Supply Chain Logistics Tools
The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.
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