Week of 10/21: The Rundown by Rygen
Your lightning fast review of recent supply chain events
Dana Inc. Exploring a Sale?
Dana Inc. is considering selling its off-highway division, which supplies drive and motion systems for heavy-duty vehicles across the agriculture, material handling, mining, construction, and forestry industries. Read more…?
Declining Revenue for UPS and FedEx?
Increasing numbers of consumers are opting for slower delivery options to save money, but impacting FedEx Corp. and UPS Inc. Both companies lowered their projections, attributing the shortfall on cost-saving options, like ground shipping instead of air delivery. This trend may be signaling challenges during the upcoming holiday season. Read more… ?
Aftermath of the ILA Strike?
Although the International Longshoremen’s Association strike is over, shippers are facing some effects of the disruption, experts told Supply Chain Dive. One supply chain expert stated, “The even bigger issue is automation… By postponing the integration of advanced technologies into port operations, the nation risks undermining its competitiveness and efficiency on the global stage.” Read more…?