Innovation in the supply chain is necessary and only occurs when the right thinking and plan are in place, says Kristi Montgomery of Kenco. She says several steps have to happen within the organization prior to innovation occurring, including breaking down silos and looking beyond costs.
Retail secondary market sales have been growing at about 7.5% per year, according to Zac Rogers of Colorado State University, with goods being resold at a discount by retailers, offloaded to liquidation platforms or discarded. "The good retailers have been through this for many years and they've improved their processing," leading to up to 50% of holiday returns being restocked, says Tony Sciarrotta, executive director of the Reverse Logistics Association.
Lyft will invest $270,000 in a partnership with the Baltimore Bike Share to provide five transportation hubs over a three-year period. The hubs would include bike docking stations as well as drop-off and pick-up locations for Lyft services.
The Illinois State Toll Highway Authority has indicated that it is willing to take over Interstate 80 and add tolls to help with needed upgrades and repairs on the interstate. The authority is completing its $14 billion Move Illinois project and is looking to advance new projects.
House Transportation and Infrastructure Committee Chairman Bill Shuster, R-Pa., and Peter Defazio, D-Ore., are beginning to craft an infrastructure bill that may be ready this summer. Shuster says he wants the bill to be bipartisan, and he adds that a gas tax hike could be included.
This photo gallery of 17 romantic buildings to visit includes Boldt Castle, a historic castle owned and operated by the Thousand Islands Bridge Authority, an International Bridge, Tunnel and Turnpike Association member. It is a popular tourist attraction on Heart Island, near Alexandria Bay, N.Y.
It may be possible to pay for construction on South Carolina's Interstate 73 with tolls, an idea that has garnered the support of a local congressman and a business leader. Studies show that tolls could generate $5.2 million during their first year.
In response to President Donald Trump's infrastructure plan, several transportation industry leaders have released opinions. Also, the Intelligent Transportation Society of America has announced the formation of its Smart Infrastructure Task Force.
This analysis of the administration's infrastructure plan notes that it would radically change the way infrastructure is built in the US. The move to push funding onto state and local governments, as well as the focus on private investment, could lead to innovation.
- Page 1