Logistics service providers looking to cut emissions from their transportation operations have largely focused on the switch from internal combustion engines to battery electric vehicles (BEVs). But some proponents say that hydrogen fuel cells are a better way to generate the electricity required to reach that goal. A new demonstration project now underway is designed to prove their point.
The FCEV began real-world testing on routes in the San Francisco Bay Area in August. Over the next few months, the truck will head down to the Los Angeles area before making its way to northern California and then to western Canada.
Those tests follow similar demos in Australia as well as a July trial of Hyzon’s Class 8 FCEV tractor-trailer with some of its North American fleet customers, which include waste haulers. According to Hyzon, those tests showed that hydrogen fuel-cell technology is a viable replacement for heavy-duty diesel engines and can overcome some of the inherent challenges associated with other zero-emission technologies, such as fluctuations in operating temperatures, payload limitations, and short ranges (the company says its hydrogen fuel cells provide the refuse-collection trucks with reliable power for up to 125 miles).
Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.
Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.
Gartner defined the new functions as follows:
Agentic reasoning in GenAI allows for advanced decision-making processes that mimic human-like cognition. This capability will enable procurement functions to leverage GenAI to analyze complex scenarios and make informed decisions with greater accuracy and speed.
Multimodality refers to the ability of GenAI to process and integrate multiple forms of data, such as text, images, and audio. This will make GenAI more intuitively consumable to users and enhance procurement's ability to gather and analyze diverse information sources, leading to more comprehensive insights and better-informed strategies.
AI agents are autonomous systems that can perform tasks and make decisions on behalf of human operators. In procurement, these agents will automate procurement tasks and activities, freeing up human resources to focus on strategic initiatives, complex problem-solving and edge cases.
As CPOs look to maximize the value of GenAI in procurement, the study recommended three starting points: double down on data governance, develop and incorporate privacy standards into contracts, and increase procurement thresholds.
“These advancements will usher procurement into an era where the distance between ideas, insights, and actions will shorten rapidly,” Ryan Polk, senior director analyst in Gartner’s Supply Chain practice, said in a release. "Procurement leaders who build their foundation now through a focus on data quality, privacy and risk management have the potential to reap new levels of productivity and strategic value from the technology."
Businesses are cautiously optimistic as peak holiday shipping season draws near, with many anticipating year-over-year sales increases as they continue to battle challenging supply chain conditions.
That’s according to the DHL 2024 Peak Season Shipping Survey, released today by express shipping service provider DHL Express U.S. The company surveyed small and medium-sized enterprises (SMEs) to gauge their holiday business outlook compared to last year and found that a mix of optimism and “strategic caution” prevail ahead of this year’s peak.
Nearly half (48%) of the SMEs surveyed said they expect higher holiday sales compared to 2023, while 44% said they expect sales to remain on par with last year, and just 8% said they foresee a decline. Respondents said the main challenges to hitting those goals are supply chain problems (35%), inflation and fluctuating consumer demand (34%), staffing (16%), and inventory challenges (14%).
But respondents said they have strategies in place to tackle those issues. Many said they began preparing for holiday season earlier this year—with 45% saying they started planning in Q2 or earlier, up from 39% last year. Other strategies include expanding into international markets (35%) and leveraging holiday discounts (32%).
Sixty percent of respondents said they will prioritize personalized customer service as a way to enhance customer interactions and loyalty this year. Still others said they will invest in enhanced web and mobile experiences (23%) and eco-friendly practices (13%) to draw customers this holiday season.
That challenge is one of the reasons that fewer shoppers overall are satisfied with their shopping experiences lately, Lincolnshire, Illinois-based Zebra said in its “17th Annual Global Shopper Study.”th Annual Global Shopper Study.” While 85% of shoppers last year were satisfied with both the in-store and online experiences, only 81% in 2024 are satisfied with the in-store experience and just 79% with online shopping.
In response, most retailers (78%) say they are investing in technology tools that can help both frontline workers and those watching operations from behind the scenes to minimize theft and loss, Zebra said.
Just 38% of retailers currently use AI-based prescriptive analytics for loss prevention, but a much larger 50% say they plan to use it in the next 1-3 years. That was followed by self-checkout cameras and sensors (45%), computer vision (46%), and RFID tags and readers (42%) that are planned for use within the next three years, specifically for loss prevention.
Those strategies could help improve the brick and mortar shopping experience, since 78% of shoppers say it’s annoying when products are locked up or secured within cases. Adding to that frustration is that it’s hard to find an associate while shopping in stores these days, according to 70% of consumers. In response, some just walk out; one in five shoppers has left a store without getting what they needed because a retail associate wasn’t available to help, an increase over the past two years.
The survey also identified additional frustrations faced by retailers and associates:
challenges with offering easy options for click-and-collect or returns, despite high shopper demand for them
the struggle to confirm current inventory and pricing
lingering labor shortages and increasing loss incidents, even as shoppers return to stores
“Many retailers are laying the groundwork to build a modern store experience,” Matt Guiste, Global Retail Technology Strategist, Zebra Technologies, said in a release. “They are investing in mobile and intelligent automation technologies to help inform operational decisions and enable associates to do the things that keep shoppers happy.”
The survey was administered online by Azure Knowledge Corporation and included 4,200 adult shoppers (age 18+), decision-makers, and associates, who replied to questions about the topics of shopper experience, device and technology usage, and delivery and fulfillment in store and online.
The ocean freight carrier and logistics solution provider CMA CGM today announced the winners of its “startup awards” for new companies in the shipping, logistics, and media sectors.
The French company named seven winners from along more than 400 entries and 60 finalist startups. Each winner will receive personalized support from CMA CGM’s startup incubator division, “Zebox,” funding of up to $158,000, and opportunities to work with the CMA CGM Group to accelerate their development.
According to the company, the top startups stood out for the viability of their project, their level of innovation, and their impact and synergy with the CMA CGM Group’s activities. Winners were chosen by a jury including members of CMA CGM Executive Committee, experts from different business sectors, and representatives of venture capital funds (VCs). This was the inaugural version of a planned annual contest, and was organized in partnership with BFM Business, La Tribune, and Zebox.
Maritime sector awards:
• Sébastien Fiedorow, CEO of Aerleum, is developing groundbreaking technology to produce synthetic fuels from atmospheric CO2.
• Valéry Prunier, CEO of Elonroad, offers an electric charging system via rail for all vehicles and rolling equipment at terminals.
• Michiel Gunsing, founder of GBMS, develops a tool that measures ship motions and calculates all the forces acting on the container stacks, showing this information in real time to the crew.
• Friederike Hesse, co-founder of ZERO44, offer software that enables shipping companies to find the most economically viable compliance strategies for carbon regulations (CII, EU ETS, FuelEU) and to reach carbon zero.
Logistics Awards:
• Rodolphe Vogt, CEO of Okular Logistics, provides smart cameras and AI-powered analytics to automate warehouse operations, ensuring real-time inventory accuracy, reducing costs, and enhancing productivity.
• Bart Gadeyne, CEO of Optioryx, uses AI-driven microservices to fill intelligence gaps in WMS and TMS systems through integrable add-ons, boosting supply chain processes with a focus on dimensioning, picking, and packing.
Media Award:
• Laodis Menard, CEO of Argil, offers the ability to Generate videos with humanlike avatars in 2 minutes
Jury Prize award:
• Charles Cohen, CEO of Bodyguard, provides an AI-powered social monitoring and moderation solution, seamlessly integrating into social networks and platforms of all sizes to safeguard communities and brands from toxic content.
An eight-year veteran of the Georgia company, Hakala will begin his new role on January 1, when the current CEO, Tero Peltomäki, will retire after a long and noteworthy career, continuing as a member of the board of directors, Cimcorp said.
According to Hakala, automation is an inevitable course in Cimcorp’s core sectors, and the company’s end-to-end capabilities will be crucial for clients’ success. In the past, both the tire and grocery retail industries have automated individual machines and parts of their operations. In recent years, automation has spread throughout the facilities, as companies want to be able to see their entire operation with one look, utilize analytics, optimize processes, and lead with data.
“Cimcorp has always grown by starting small in the new business segments. We’ve created one solution first, and as we’ve gained more knowledge of our clients’ challenges, we have been able to expand,” Hakala said in a release. “In every phase, we aim to bring our experience to the table and even challenge the client’s initial perspective. We are interested in what our client does and how it could be done better and more efficiently.”