2020 has seen a big jump in big-box occupancy, with net absorption increasing by 51% in the first half of the year compared to the same period last year, according to a report from real estate brokerage firm Colliers International Group. Amazon is among the top occupiers and is projected to lease almost 98 million square feet in the US this year, the report says.
Indian River Consulting Group's Pandemic Revenue Index of 12 distributors declined by 0.7% the week of Sept. 14 to 18. "When looking at average daily sales, this is the first decrease since the beginning of August," IRCG says.
Grainger is helping customers during the pandemic by using data and better search results to direct buyers to the most relevant products, Chairman and CEO D.G. Macpherson says.
Amazon Business' revenue will surpass $31 billion within three years as it continues to expand its logistics operations, says RBC Capital Markets Managing Director Mark Mahaney. "They are building out the lowest-cost distribution business out there, whether they are serving customers in their home or serving businesses," he says.
Distribution salespeople and customer service representatives can "flip the script from price to value" by understanding how your company can affect specific aspects of customer operations, writes Debbie Paul of Distribution Strategy Group. "Instead of focusing on today's sale, they should be asking about customer pain points and finding real solutions," she writes.
A federal appeals court on Tuesday issued a stay on new emission standards for trailer manufacturers from the Environmental Protection Agency and National Highway Traffic Safety Administration. Truck Trailer Manufacturers Association President Jeff Sims said the ruling "means trailer manufacturers will be able to continue receiving orders for trailer delivery in 2021 while we await the final decision from the court on the legality of the both the NHTSA and EPA rules."
With online shopping expected to surge as the holidays approach, more retailers are partnering with third-party services to offer same-day delivery. Bed Bath & Beyond and Sephora have launched delivery via Instacart, while fashion retailers including H&M and Anthropologie have teamed with Postmates.
Swiss biotech company Relief Therapeutics and NeuroRx have forged supply chain agreements for manufacturing and logistics involving their potential COVID-19 treatment RLF-100. The treatment is being evaluated in a Phase IIb/III study to treat critically ill COVID-19 patients in the US, and trials in Europe are scheduled to launch in the first three months of next year.
The breakdown of barriers between the public and private sectors enabled much-needed supply chain collaboration during the first wave of the coronavirus pandemic, and "[w]hat we now need are systems capable of ensuring that the progress achieved during these months doesn't disappear," writes HP Inc. Chief Commercial Officer Christoph Schell. Industries need to continue taking advantage of global supply chains while also using the latest technologies "as a stopgap measure" to meet sudden changes in manufacturing demand, he writes.
S.C. Johnson has expanded its portfolio of cleaning products packaged in plastic collected from the Social Plastic program, which collects plastic before it enters the ocean. Three Windex formulas sold in the US and Canada as well as the Mr Muscle Platinum Window & Glass Cleaner brand in the UK and Ireland are now packaged in 100% recycled ocean-bound plastic.
- Page 1