Macy’s rolls out AI inventory replenishment tool
The forecasting capability is moving from pilot to broader implementation as the retailer targets improved in-stock levels and operational efficiencies.
The forecasting capability is moving from pilot to broader implementation as the retailer targets improved in-stock levels and operational efficiencies.
Demand for manufactured goods, while “resilient for now,” will “likely wobble as output prices rise further,” Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said.
The off-price retailer is planning installations at upcoming facilities in Arizona and California, as well as an existing warehouse in Georgia.
A 2.1% year-over-year gain last month broke a 42-month decline in the Cass Freight Shipments Index, with Cass stating “the bottom is probably in.”
A further round of strikes at German ports would likely worsen port congestion and schedule reliability on major trades.
US importers are scrambling to keep northbound freight from Mexico moving as temporary business visitor visa revocations cut deep into Mexico’s supply of cross-border truck drivers.
The ability to customize port calls and aggressively manage capacity is translating into higher rates for MSC, while the Gemini Cooperation’s rates are below the market average despite its higher schedule reliability, according to rate benchmarking platform Xeneta.
The company is pushing to meet AI server demand by signing multiyear pacts to reduce lead times and improve backlog conversion, EVP and CFO Marie Myers said.
Heavy Weight Express can handle up to 6,000 pounds per shipment and targets shippers in multiple sectors, including automotive manufacturing and pharmaceuticals.
The automotive and technology manufacturer expects the 538,720-square-foot facility to be operational by the end of 2028, per a state filing.