Skip to content
Search AI Powered

Latest Stories

newsworthy

March Madness—supply chain style: grad students face off in annual logistics competition

During the competition, each of the 12 teams played the role of a consulting firm preparing a supply chain plan for a start-up company in the wind-turbine industry.

March Madness came early to the University of Maryland. While their fellow students were preparing to play in the Atlantic Coast Conference tourney last month, a group of supply chain students from UM took home first prize in the 11th Annual FedEx Freight International Graduate Logistics Case Competition.

Teams from Brigham Young University and Penn State placed second and third, respectively, in the competition, which was sponsored by FedEx Freight in alliance with the Supply Chain Management Research Center at the University of Arkansas's Sam M. Walton College of Business.


During the competition, each of the 12 teams played the role of a consulting firm preparing a supply chain plan for a start-up company in the wind-turbine industry. The teams were given just 24 hours to review the logistics case and draft their recommendations.

Pat Reed, FedEx's executive vice president and chief operating officer, highlighted the educational value of the annual event. "Throughout the world, everincreasing supply chain efficiencies are made possible by dedicated and talented logistics professionals, and we're confident that many of tomorrow's transportation experts participated this weekend," he said in a statement announcing the competition's results.

The Latest

More Stories

autonomous tugger vehicle

Cyngn delivers autonomous tuggers to wheel maker COATS

Autonomous forklift maker Cyngn is deploying its DriveMod Tugger model at COATS Company, the largest full-line wheel service equipment manufacturer in North America, the companies said today.

The deal was announced the same week that California-based Cyngn said it had raised $33 million in funding through a stock sale.

Keep ReadingShow less

Featured

photo of self driving forklift
Lift Trucks, Personnel & Burden Carriers

Cyngn gains $33 million for its self-driving forklifts

photo of a cargo ship cruising

Project44 tallies supply chain impacts of a turbulent 2024

Following a year in which global logistics networks were buffeted by labor strikes, natural disasters, regional political violence, and economic turbulence, the supply chain visibility provider Project44 has compiled the impact of each of those events in a new study.

The “2024 Year in Review” report lists the various transportation delays, freight volume restrictions, and infrastructure repair costs of a long string of events. Those disruptions include labor strikes at Canadian ports and postal sites, the U.S. East and Gulf coast port strike; hurricanes Helene, Francine, and Milton; the Francis Scott key Bridge collapse in Baltimore Harbor; the CrowdStrike cyber attack; and Red Sea missile attacks on passing cargo ships.

Keep ReadingShow less
diagram of transportation modes

Shippeo gains $30 million backing for its transportation visibility platform

The French transportation visibility provider Shippeo today said it has raised $30 million in financial backing, saying the money will support its accelerated expansion across North America and APAC, while driving enhancements to its “Real-Time Transportation Visibility Platform” product.

The funding round was led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good and Yamaha Motor Ventures. With this round, Shippeo’s total funding exceeds $140 million.

Keep ReadingShow less
Cover image for the white paper, "The threat of resiliency and sustainability in global supply chain management: expectations for 2025."

CSCMP releases new white paper looking at potential supply chain impact of incoming Trump administration

Donald Trump has been clear that he plans to hit the ground running after his inauguration on January 20, launching ambitious plans that could have significant repercussions for global supply chains.

With a new white paper—"The threat of resiliency and sustainability in global supply chain management: Expectations for 2025”—the Council of Supply Chain Management Professionals (CSCMP) seeks to provide some guidance on what companies can expect for the first year of the second Trump Administration.

Keep ReadingShow less
grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less