Skip to content
Search AI Powered

Latest Stories

OUTBOUND

A viral change in business

As with the dot-com bust of 20 years ago, the coronavirus outbreak will accelerate several trends already in play.

Newspaper headline: The World Is Changing

When we last put fingers to keyboard to fill this space on Feb. 18, 2020, we knew that writing about the coronavirus crisis was a calculated risk. A monthly column often does not mesh well with a story that’s changing so fast that last hour’s news looks like ancient history.

At that time, we pointed to Feb. 18 as a watershed date in the media coverage of the coronavirus outbreak, noting that news outlets were beginning to cover the story from a business—not just a global health—perspective. We went on to predict that we’d soon see a steady stream of stories on the economic fallout of the virus. In this regard, we were right.


In that column, we also expressed cautious optimism that the world might be getting ahead of the scourge. In that regard, we were wrong.

Now, on March 18, 2020, as these fingers work to fill this space again, the narrative has veered off in a whole new direction. Any hopes of containing the virus have gone out the window—at last count, 145 countries had been affected. Our focus has shifted to mitigating the damage. For business leaders, that means addressing the question of how to maintain business continuity while still protecting the health and safety of team members.

That question became very real for our own company leaders as the Modex trade show approached last month. By that time, the Covid-19 alarm had been sounded, causing both exhibitors and attendees to withdraw from what is widely considered the most important domestic logistics trade show of the year. After much deliberation and after seeking input from every member of our team, we opted to proceed with our plans to cover the show.

At our final pre-Modex staff meeting, our publisher, Gary Master, set the tone for the event as a leader should. “This show is always important to us and the industry,” he told us. “This year, even more so. We have to approach Modex with all the same passion and enthusiasm we always do. But this year, we have to work even harder. This may be our last opportunity for several weeks, if not months, to be face-to-face with key players in our market.”

The team rose to the challenge. On the editorial side alone, our 10-member Modex news team cranked out 61 news stories; produced a dozen video reports; covered four, and moderated two, main-stage keynote addresses; published four “Show Daily” e-newsletters; and conducted over 100 interviews.

What they discovered in the course of their reporting is that the coronavirus is reshaping the practice of logistics and supply chain management—largely by accelerating trends that were already in play.

The most obvious example, of course, is e-commerce. With more and more Americans sheltering in their homes, the demand for home delivery has never been higher. In mid-March, as the crisis deepened, Amazon announced it was seeking to hire up to 100,000 workers to deal with the crush of online orders. In the eyes of consumers, e-commerce is no longer just a convenience; it’s a necessity.

It’s a similar story with the digital platforms for remote work and customer engagement. We’ve all known these solutions existed, and most of us have used them to some degree. But now, their use is not optional. And as we collectively become more comfortable with the technology, we’re betting companies will decide that for many working remotely just makes sense, whether mandated by current events or not.

Finally, there’s the renewed case for robotics and automation. Although these technologies have been around for a while, their adoption will certainly be accelerated as companies look to lessen their reliance on human workers who are subject to illness or quarantines.

Again, these trend lines existed long before we ever heard the term “Covid-19.” Our hope is that when we look back on this time a year from now, we’ll see evidence all around us that the logistics world has leveraged what it learned in a crisis and made it a part of its everyday routine.

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

Study: Industry workers bypass essential processes amid mounting stress

Study: Industry workers bypass essential processes amid mounting stress

Manufacturing and logistics workers are raising a red flag over workplace quality issues according to industry research released this week.

A comparative study of more than 4,000 workers from the United States, the United Kingdom, and Australia found that manufacturing and logistics workers say they have seen colleagues reduce the quality of their work and not follow processes in the workplace over the past year, with rates exceeding the overall average by 11% and 8%, respectively.

Keep ReadingShow less
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