GE Aerospace trims lead times by 60%
The aircraft engine manufacturer consolidated processes and cut distance traveled during the quarter, leading to a jump in F110 deliveries in Q2.
The aircraft engine manufacturer consolidated processes and cut distance traveled during the quarter, leading to a jump in F110 deliveries in Q2.
The project, which is largely tied to the innovative medicine segment, will see the company exit certain facilities and incur costs of up to $750 million.
Last week’s $604 million advisory verdict from a Dallas County jury isn’t final and will be appealed if approved, but liability is becoming a bigger issue for freight brokers.
Major carriers on the trade lane have notified customers of spot rate increases in excess of $1,000 per FEU effective Aug. 1, with forwarders saying the hikes could stick.
The automaker is upping its domestic production investments while securing memory supply to shield rising commodity and logistics costs.
The ability to commit enormous human and financial resources to deploy AI-initiatives across divisions and geographies provides the world’s two largest forwarders with a competitive advantage over smaller forwarders.
The carrier is increasing its use of automation in a bid to reduce package handling costs and more flexibly adjust capacity.
The central bank held the main interest rate steady as inflation remained elevated due to supply shocks across sectors such as energy.
The automated facility in Kent is set to support 196 Walgreens stores across the region by streamlining prescription fulfillment.
Less-than-truckload companies searching for freight are digging deeper into economic indicators for signs of demand that still hasn’t hit their docks.