Last week Macy’s, the department chain retailer, announced its fourth quarter results. The company has done well in a tepid economic environment. Macy’s has been beating estimates for same-store sales for several months, posting year-over-year comparable store sales growth of 3.7 percent. In its peer group, Macy’s is one of the industry’s star performers. As […]
Predicting the future has never been easy. Back in 1943, Tom Watson, the president of IBM at the time, said “I think there is a world market for maybe five computers.” And in 1995, Robert Metcalfe, the founder of 3Com and the co-inventor of Ethernet, made this astonishing prediction: “Almost all of the many predictions […]
This was a relatively quiet week for news, so let’s get right to it… Ryder Launches Mobile RydeSmart® 3.0 App Intermec To Be Acquired by Honeywell for $600 Million FedEx employee emails claim firm overcharged businesses (Reuters) Freight Shipments Fell 1.9% in October from September Cass Truckload Linehaul Index Driver Turnover at Truckload Carriers Remains […]
The US presidential election is finally over. $6 billion (yes, billion) was spent on the presidential campaign to end up where we started: same president, the Republicans in control of the House, the Democrats in control of the Senate, and the country still very divided. It’s hard to see how things will be different this […]
Meet Google, your new supply chain and logistics technology provider. According to a New York Times article, Google has started to test a same-day delivery service in San Francisco with some Google employees and their friends. At least one national apparel retailer is participating in the test, according to a source. Although Amazon and Walmart […]
Recently, I’ve been reading some articles in Army Sustainment, a logistics publication for the US army. “Sustainment” refers to sustaining troops in the field. I began reading this publication with the hope of learning something from the field of military logistics that companies in the private sector could apply in their supply chains. The military […]
In January, the Food Safety Modernization Act (FSMA) was passed and signed into law. The bill increases the Food and Drug Administration’s authority over food recalls. It allows the FDA to require food producers to have safety plans and enhances the FDA’s ability to improve the safety of imported foods. The bill, however, does not […]
