In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long span. The collapse sent vehicles and people plunging into the water. According to a Coast Guard memo, a harbor pilot and an assistant aboard the […]
The energy transition is driven by the goal to decarbonize the energy used for transportation, buildings, and industry. Lacking a low-cost way of removing greenhouse gases from the air, the solution is to electrify as much as possible with clean power. In 1990, coal accounted for 54.6 percent of the total electricity generated in the […]
Yesterday was February 29th, meaning that 2024 is a Leap Year and yesterday was Leap Day. Leap years exist because while the world follows a 365-day Gregorian calendar, it actually takes Earth 365 days, 5 hours, 48 minutes and 46 seconds to orbit the sun, according to NASA. While that is rounded down to the […]
UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.” What stood out even more was the “subhead” of UPS’ announcement. As reported by The Wall […]
I spent the beginning part of the week in New York attending the NRF Big Show. It was a very busy show, with more than 35,000 attendees walking the floors of the Javits Center. I certainly saw a lot of exhibitors touting their AI capabilities, especially when it came to more informed decision making across […]
To say that Black Friday weekend shopping was a success would be an understatement. In fact, to kick off the holiday shopping season, a record 200.4 million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The turnout topped […]
Next Tuesday is Halloween, a night when kids don costumes and go trick or treating, and parents open their wallets for all sorts of Halloween fun. Total Halloween spending is expected to reach a record $12.2 billion, exceeding last year’s record of $10.6 billion, according to the National Retail Federation’s annual survey conducted by Prosper […]
The leaves are changing, the mornings and nights are getting cooler, Halloween is less than a week away, and Amazon, Target, Walmart, and Best Buy have launched holiday kickoff deals. That means that we are getting ready for the annual holiday logistics bonanza. The National Retail Federation (NRF) has issued its annual forecast, anticipating that […]
Over the last few months, I’ve heard the term greenwashing over and over again. Greenwashing is a form of advertising or marketing spin in which green PR and green marketing are deceptively used to persuade the public that an organization’s products, aims and policies are environmentally friendly. A notable example of greenwashing is when McDonald’s […]
In the course of doing ARC’s latest global market study on Global Trade Compliance, I came across important changes in trade regulation occurring that supply chain professionals need to be aware of. Environmental, social and governance issues are increasingly finding their way into trade policy. Increases in business process outsourcing means that human rights and […]