The truck driver population in the U.S. is aging. That’s bad news for the supply chain industry, because not enough new truck drivers are entering the labor force to replace the truck drivers who retire. Take a look at what supply chains are doing to address this problem.
The U.S. has been working on a Transatlantic Trade and Investment Partnership (TTIP) with the E.U. However, it has been held up by European Parliament because some members are skeptical of the benefits to Europe. Additionally, some citizens are protesting the deal and making their voice known to parliament. There were over 200 complaints and…
At the beginning of June 2015, Campbell Soup Co. signed an agreement to acquire Garden Fresh Gourmet for $231 million. Garden Fresh Gourmet makes dips, salsa, hummus, and tortilla chips. The acquisition will expand the line of products sold by Campbell Soup Co. and keep the company on trend with what consumers want.
Subway is an international brand. They have franchise locations throughout the U.S. and Europe. Subway is known for their sandwiches, but they also sell cookies, chips, drinks, and other add-on items to support their profits. Previously, all of their cookies were produced in the U.S. and shipped to franchises around the world. However, Subway decided…
In May 2015, DHL Express announced their plans to renovate and expand their major airport hub at the Cincinnati/Northern Kentucky International Airport. The company will invest $108 million on the project and create approximately 50 new jobs in the Covington, Kentucky, area. The expansion will help DHL Express compete better in global logistics and air…
Millions of Americans grab a cup of coffee from Starbucks on their way to work each morning. In this niche market, smart business decisions mean this coffee chain stays on top in terms of sales. Starbucks leads the market with an efficient supply chain and careful attention to product sourcing.
Fast food workers around the nation are lobbying for an increased minimum wage. They are proposing $15 per hour because that’s what it takes to support the cost of living in many of the larger cities around the world. Los Angeles, St. Louis, and New York are leading the fight. It’s a controversial subject, and…
One of the biggest pieces of supply chain news this year was the delays at the West Coast ports. For more than nine months, the Pacific Maritime Association and the International Longshore and Warehouse Union could not come to an agreement over their labor contract. This caused organized strike days and all sorts of delays…
During the first quarter of 2015, there were major slowdowns at the West Coast ports because the Pacific Maritime Association and the International Longshore and Warehouse Union could not come to a consensus over worker contracts. It took clear until May for an agreement to be drawn up that both parties agreed to sign. There…
President Obama feels that climate change is a serious issue that he needs to address. That’s why this summer his administration is pushing several changes to regulations on carbon emissions from big trucks, planes, and power plants. Curbing emissions sounds like a good idea, but it is going to cost a lot of money and…