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accolades: awards and recognition

  • Web savvy. Forbes.com has named GT Nexus a "Best of the Web" company in its annual business-to-business directory. This is the third straight year that GT Nexus has been included in the list, which is compiled from surveys of companies in 36 different industries. GT Nexus was named to the Logistics category for the on-demand software and services it delivers over the Internet. Clients use the software to manage complex global transportation, logistics and supply chain activity.
  • All papers are in order. Georgia-Pacific has honored Leicht Transfer and Storage with two awards. The company presented Leicht with its 2004 Service Award for outstanding service for Georgia-Pacific's retail business and also named it the winner of its Inventory Accuracy Award for outstanding inventory management. Georgia-Pacific selected Leicht for achieving a "very high level of control in all facets of its operations with a focus on getting it right on each and every transaction." In 2003, Leicht implemented an inventory management system that includes Pocket PCs, bar-code readers and radio frequency to track Georgia-Pacific products in the more than one million square feet of warehouse space Leicht dedicates to this client.
  • South American salute. Ryder Brazil has received the 2004 Volvo Logistics Award. The award is a joint initiative of the Center for Logistics Studies at Coppead/Federal University in Rio de Janeiro, Volvo Brazil and Tecnologistica magazine. Ryder Brazil was selected for overall excellence in logistics services and cargo transportation throughout Brazil. This is the second time Ryder has received this award.
  • Uplifting choice. Masco Corp., a manufacturer and supplier of home improvement and building products, has selected Crown Lift Trucks as a winner in its MASTAR (Masco Supplier Team Award Recognition) Awards Program. The award recognizes leadership, communication, commitment and cooperation among Masco's leading suppliers.

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Trucking industry experiences record-high congestion costs

Trucking industry experiences record-high congestion costs

Congestion on U.S. highways is costing the trucking industry big, according to research from the American Transportation Research Institute (ATRI), released today.

The group found that traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022, a record high. The information comes from ATRI’s Cost of Congestion study, which is part of the organization’s ongoing highway performance measurement research.

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From pingpong diplomacy to supply chain diplomacy?

There’s a photo from 1971 that John Kent, professor of supply chain management at the University of Arkansas, likes to show. It’s of a shaggy-haired 18-year-old named Glenn Cowan grinning at three-time world table tennis champion Zhuang Zedong, while holding a silk tapestry Zhuang had just given him. Cowan was a member of the U.S. table tennis team who participated in the 1971 World Table Tennis Championships in Nagoya, Japan. Story has it that one morning, he overslept and missed his bus to the tournament and had to hitch a ride with the Chinese national team and met and connected with Zhuang.

Cowan and Zhuang’s interaction led to an invitation for the U.S. team to visit China. At the time, the two countries were just beginning to emerge from a 20-year period of decidedly frosty relations, strict travel bans, and trade restrictions. The highly publicized trip signaled a willingness on both sides to renew relations and launched the term “pingpong diplomacy.”

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forklift driving through warehouse

Hyster-Yale to expand domestic manufacturing

Hyster-Yale Materials Handling today announced its plans to fulfill the domestic manufacturing requirements of the Build America, Buy America (BABA) Act for certain portions of its lineup of forklift trucks and container handling equipment.

That means the Greenville, North Carolina-based company now plans to expand its existing American manufacturing with a targeted set of high-capacity models, including electric options, that align with the needs of infrastructure projects subject to BABA requirements. The company’s plans include determining the optimal production location in the United States, strategically expanding sourcing agreements to meet local material requirements, and further developing electric power options for high-capacity equipment.

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map of truck routes in US

California moves a step closer to requiring EV sales only by 2035

Federal regulators today gave California a green light to tackle the remaining steps to finalize its plan to gradually shift new car sales in the state by 2035 to only zero-emissions models — meaning battery-electric, hydrogen fuel cell, and plug-in hybrid cars — known as the Advanced Clean Cars II Rule.

In a separate move, the U.S. Environmental Protection Agency (EPA) also gave its approval for the state to advance its Heavy-Duty Omnibus Rule, which is crafted to significantly reduce smog-forming nitrogen oxide (NOx) emissions from new heavy-duty, diesel-powered trucks.

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screenshots for starboard trade software

Canadian startup gains $5.5 million for AI-based global trade platform

A Canadian startup that provides AI-powered logistics solutions has gained $5.5 million in seed funding to support its concept of creating a digital platform for global trade, according to Toronto-based Starboard.

The round was led by Eclipse, with participation from previous backers Garuda Ventures and Everywhere Ventures. The firm says it will use its new backing to expand its engineering team in Toronto and accelerate its AI-driven product development to simplify supply chain complexities.

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