As we say goodbye to 2020, for the first Friday Five of 2021, we take a look back at the biggest moments and best reads from a year like no other. Hindsight is truly 2020!
This week's top stories in supply chain and logistics: Slync.io raises $11M Series A amid coronavirus chaos, FedEx pushes through surcharges, True Value wants to make hand sanitizer, Southwest flies a first with cargo only, and Amazon steps up warehouse safety, hires 80,000.
This week's top news in supply chain and logistics: ONE Apus loses 1,900 containers overboard, XPO to split company in two, Asia-Europe spot rates up 200% year-over-year, IBM uncovers global email attack on Covid vaccine supply chain, and Penske Logistics buys Black Horse Carriers.
This week's top stories in supply chain and logistics: Costco rides #CostcoPanicBuying wave, ISM national factory activity index falls to 50.1 for February, Blank sailings to cost Ocean Carriers an estimated $1.9 billion, Instacart launches new delivery option, and Lobster prices fall to 4-year low thanks to COVID-19.
This week's top stories in supply chain and logistics: The Port of Beirut explodes, Wakashio leaking Bunker Oil off Mauritius, Aluminum Tariffs are back for Canada, India delays SCMTR Rules, and Beyond Meat repacks $6M.
On Monday, software provider SolarWinds announced that some of its customers unknowingly installed malware this spring through seemingly routine updates to a network-management tool. The updates included a weak point created by cyber attackers that could have exposed nearly 18,000 of its 300,000 customers. These customers include the Commerce, Treasury, and Homeland Security departments of the U.S. Government.
Best wishes to all of you 2021! Don’t forget to check out last week’s news and come back next week for the following Friday Five logistics news roundup!
Congestion rises on multiple fronts due to black swans and systemic issues, while there finally seems to be some good news coming out of Long Beach and Los Angeles. Also, the Ever Given is back!
While coverage of COP26 has been all but scarce this past week, this week’s Friday Five has the supply chain angle to Glasgow’s buzzing talks, plus a port congestion update and an innovation win for Walmart.
Second verse, same as the first? In this week’s Friday Five, ports remain congested despite new attempts to move boxes out the door, while the reigning champs of supply chain chaos continue their shopping sprees.