Food waste is a major problem in the U.S. Business Insider reports that one-third of all food produced in the U.S goes to waste, which equals 133 billion pounds of food per year. Supermarkets are some of the worst offenders. Big brands like Walmart have been caught dumping food into the dumpster because it was…
Recalls can have damaging effects on a brand. Investors predicted that Samsung would learn this firsthand after recalling its Note 7 smartphone in October 2016. Many consumers lost trust in the brand, and Samsung has spent millions of dollars trying to alleviate the damage. Check out how Samsung handled the recall and what this means…
The 2008 financial crisis put the global container industry in turmoil. Since then, the road to recovery has been long and difficult. Even A.P. Moeller-Maersk, the biggest shipping company in the world, has cut costs and adjusted its operations accordingly. Around the world, several ocean carrier mergers have occurred in order to keep companies in…
Electric vehicles aren’t new to the market, but electric trucks are. Most electric vehicles are small and don’t have much horsepower. Trucks need to be able to pull thousands of pounds in freight, so they need significant horsepower. That’s one reason the debut of electric trucks is so exciting. Take a look at how electric…
The Panama Canal recently expanded its locks to accommodate larger cargo ships. This has had a major impact on ports in the United States because they’ll need to unload cargo ships more quickly and to accommodate larger ships. To prepare, American ports are spending money on upgrades.
The United States recently lifted decades-long restrictions on trade with Cuba. FedEx now plans to open air cargo services to and from the country to expand its global distribution reach. FedEx is the first American air cargo company to submit such an application to the United States Department of Transportation (DOT). Take a look at…
Farmers have been implementing new technology for decades. Today, some dairy farms can practically run themselves thanks to technological advances. Thanks to robotic milking machines, cows can roam freely and then go to a milking station when they need to be milked. This automated process saves farmers a lot of time and allows them to…
For over two years, Amazon has operated its Prime Pantry service, through which it delivers non-perishable grocery items to customers’ homes. Now the company aims to implement a new program that delivers all grocery items, even those that need refrigeration. Take a look at this new program, called AmazonFresh, and learn how Amazon continues to…
Most companies around the world do not have supply chain practices in place to promote sustainable sourcing. As customers push for sustainability, however, this issue is becoming a big deal. Take a look why consumers are demanding more sustainability and the steps companies are taking to improve.
Forced labor is a serious problem around the world, but many companies have begun to stand up for human rights by boycotting all forced labor goods. KitKat recently announced its participation in ethical procurement. Take a look at how this chocolate brand is getting involved.