Indiana’s economy just got good news. The Indiana Economic Development Corporation persuaded John Morrell Food Group to create a new distribution center in Hancock County. In return, Indiana will give the company up to $1.5 million in tax credits. However, the tax credits are conditional on John Morrell’s job creation plan. The new distribution center…
Several companies, including Amazon, want to use commercial drones, but there have been too many restrictions to make it a reality. These drones could change the farming, military, transportation, logistics, and public safety industries. That’s why the government has decided to lift some restrictions on commercial drones and create regulations to protect peoples’ safety and…
Hundreds of companies had problems fulfilling their supply chain needs because of the labor disputes at west coast ports. One major company affected by the delays was McDonalds. For instance, some Japanese stores went without French fries for a time. However, McDonald’s was able to quickly overcome the problem by turning to local suppliers. They…
For decades now, businesses have been using large metal containers to ship their goods around the world. These containers easily transfer from large cargo ships to trains for distribution. However, manufacturers are making larger and larger cargo ships that end up causing supply chain issues.
Third-party logistics provider, Wheels Group, Inc., just announced that they are being acquired by Radiant Logistics, Inc. Wheels is one of the largest logistics providers in Canada serving hundreds of small and large companies. Wheel’s operations are based in Toronto, Canada and they have warehouse and distribution centers located throughout Canada and the U.S. A…
The Panama Canal has been the only route for ships to travel between the Atlantic and Pacific oceans without going around South America for over 100 years. However, Nicaragua just started construction on the Interoceanic Grand Canal of Nicaragua. It is a 278 mile canal through the infamous Magellan Strait that is going to cost…
North America has seen some pretty bizarre weather this year. Right now the east coast is seeing record low temperatures as cold, dense air flows down from the Arctic. These freezing conditions are causing havoc for the transportation industry. In addition, several crops are threatened, causing commodity prices to rise.
FedEx is not the biggest logistics provider in the world, or the U.S., but that doesn’t stop them from trying to compete and continue to grow. Their latest move involves acquiring GENCO, a third-party logistics provider that has more than 130 warehouses in North America. This places FedEx in a better position to deliver products…
All foreign and domestic facilities that manufacture food products are required to register with the U.S. Food and Drug Administration (FDA) to export goods to the U.S. Food facilities must also renew their registration every other year to stay eligible. The registration deadline is December 31, 2014. Facilities that do not register are uneligible for…
President Barack Obama wants to strengthen the manufacturing supply chains of the U.S. Therefore he supports the Supply Chain Innovation Initiative created by the Department of Commerce’s Manufacturing Extension Partnership. It is a competition aimed at helping small manufacturers in the U.S. implement new technologies and ultimately strengthen the economy. Several companies and groups have…