There were many new and exciting developments throughout the transportation and shipping industry during this month. Check out some of the top stories that made headlines during November!
Largest Ocean Carriers Announced a Formation of Industry Association
The ocean shipping giants, A.P. Moller Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express (ONE), recently confirmed their plan to set a global association in their announcement. The organization will be a non-profit, and all of the ocean carriers will be invited to join when it is officially established. The main purpose of this decision is to smooth the shipping processes and create common standards inside the industry. According to the release, it will help the industry gain more transparency, and easily implement new technologies. To read more about new association, click here.
Walmart Will Open an AI Lab in One of its New York Stores
The retail giant announced its plan to create an Intelligence Retail Lab right in Levittown, New York. Walmart executives claim developing AI technologies and applications will help them proactively improve the customer’s experience and business performance by identifying which products are in low demand, and replace them effectively. To read more about the AI lab, click here.
Amazon is Building an Operations Center of Excellence in Nashville
In its latest press release, Amazon revealed that a new supply chain hub is about to open in Nashville, Tennessee. The facility will handle more than 5,000 employees and costs $230 million in investments. Apart from the Center of Excellence, the retailer will also open two new headquarters in New York City and Virginia. To read more about center in Nashville, click here.
California Fire Impacts Thousands, Including Logistics Workers and Truckers
Three wildfires caused an enormous amount of fatalities and property damage in Northern and Central California and have continued to impact supply chain performance in the affected areas. Smoke areas endanger truck drivers and workers because of hazards and bad road visibility. When the largest burning began, a huge Amazon warehouse with 2,000 employees in Sacramento, CA, was closed because of the health damage due to hazardous gas emissions. To read more about California’s fire impact, click here.