Kansas City Southern has yet to see a major impact from the near-halt of freight leaving China. "I’m not really aware of any feedback we’ve gotten from customers that have indicated plans to slow down," CEO Patrick Ottensmeyer said.
As the #COVID19 outbreak continues to delay factory operations and depress global demand, take a look at Supply Chain Dive's ongoing coverage to see how companies are responding and what #supplychain risk experts recommend firms watch out for.
Maersk's acquisition of Performance Team will more than double its current warehousing and distribution footprint, supporting its goal of transporting customer goods "from factory floor to store door."
Advance Auto Parts credited the consolidation of multiple outdated warehouse management systems, improved distribution strategies and new digital pricing tools with reducing costly labor turnover, inventory shortages and distribution challenges
If shipments are currently stuck at a port in #China it could be difficult to determine when it will reach its final destination as navigating #coronavirus-related challenges is outside the norm for most transportation companies.
Jeff Bezos says he'll spend $10 billion to fight climate change. Some say the funding would be best spent on emerging technologies and scientific research, while others argue targeting policy and advocacy campaigns are the best use of $10 billion