Inside Hershey’s $1B push to boost its supply chain capacity
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Hershey plans to spend $1 billion to strengthen its supply chain for the long term, but don’t call its operations a cost center. Jason Reiman, Hershey senior vice president and chief supply chain officer, joined the company […]
Businesses battle to afford higher wages in tough climate
South African employment increased by 784 000 jobs (5%) in the second quarter, reflecting a growing resilience on the part of businesses to cope with electricity outages, but weakened consumer spending is challenging the retail sector. This was among the highlights of the latest PwC South Africa Economic Outlook report for 2023 released this week, […]
Ports of Los Angeles and Long Beach welcome ratification of Longshore worker contract
The International Longshore and Warehouse Union (ILWU) announced that a six-year contract between the ILWU and the Pacific Maritime Association (PMA) had been ratified. According to a statement, the ratification of the contract will have a profoundly positive influence on the US economy, which is heavily reliant on the ports of Los Angeles and Long […]
ILWU ratifies 6-year contract | Supply Chain Dive
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. The International Longshore and Warehouse Union voted to ratify a six-year contract agreement with the Pacific Maritime Association yesterday. The union, which covers more than 22,000 longshore workers at 29 ports across the West Coast, voted 75% […]
Shippers pay millions to beat Panama Canal logjam
As ships continue to back up in the Panama Canal due to drought-induced water restrictions, desperate shippers are paying top dollar to skip the queue (*). This is as the Panama Canal Authority (PCA) has warned that they will continue to impose water-restricting measures for at least 10 months due to the onset of the […]
CMA CGM revamps vessel fleet of LIBERTY BRIDGE service
CMA CGM is altering its deployed fleet of vessels running the LIBERTY BRIDGE service between North Europe and the US East Coast as a result of the current market imbalance aiming to maintain high service efficiency. The French carrier further indicated that the new fleet deployment will have no effect on the current service pattern, […]
Parcel carrier Better Trucks expands into top Texas markets
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Better Trucks has launched its parcel delivery services in major Texas markets, the carrier announced Monday. With the additions of the Dallas-Fort Worth, Houston, Austin and San Antonio metro areas, Better Trucks now offers delivery in 32 […]
Brace for fuel price hike
According to the Central Energy Fund (CEF), the under-recovery on petrol indicates an increase in the fuel price, across all options, on Wednesday. These increases could be R1.65 for 95 unleaded, R1.60 for 93 unleaded petrol, while diesel may see a hike of between R2.76 (50ppm) and R2.85 (500ppm) per litre. These figures are not […]
Chemical blast rocks Laem Chabang port
An explosion rocked Laem Chabang port on 29 August, after a container in the dangerous goods section in Thailand’s main container port caught fire that morning. No one was hurt as 183 workers were evacuated, but six workers suffered breathing difficulties. Health permanent secretary Opas Karnkawinpong said that the fire broke out around 10 am […]
Norfolk Southern says train backlog recovery may take weeks
Listen to the article 1 min This audio is auto-generated. Please let us know if you have feedback. Norfolk Southern reports it may take weeks to recover its backlog of trains after a service outage halted operations earlier this week, the railroad said in a statement Friday. The Atlanta-based railroad confirmed the outage was not […]
