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Rya Hazelwood
/ Categories: Industry News

IAMC News Briefs—Week of September 11, 2023

By John Salustri

Daimler, Cummins, Paccar Shake on $3B Battery Strategy

TRUCKING DIVE—Daimler Truck has entered into a $3-billion joint venture with Cummins and Paccar for a factory to produce lithium-iron-phosphate batteries. Each of the partners will hold a 30% stake in the plant, while EVE Energy out of China will serve as technology partner and reap the remaining 10%. “This planned joint venture enables economies of scale beyond Daimler Truck,” said that firm’s CEO, Martin Daum. “It is a key puzzle piece of our battery industrialization strategy, ensuring access to the right battery cell technology at the right cost.” No location was announced.
https://www.truckingdive.com/news/cummins-accelera-daimler-truck-paccear-joint-venture-batteries/692826/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202023-09-06%20Trucking%20Dive%20%5Bissue:54255%5D&utm_term=Trucking%20Dive

 

Dollar General’s SVP Takes on Supply Chain

SUPPLY CHAIN DIVE—Rod West, formerly SVP of Dollar General’s distribution program, has taken on a new role. The 23-year veteran of the firm will now serve as EVP of Dollar General’s global supply chain. The promotion fits within the discount retailer’s current initiatives, including last year’s addition of multiple distribution centers in Nebraska, Georgia, Texas and New York State.
https://www.supplychaindive.com/news/Dollar-General-promotes-Rod-West-EVP-global-supply-chain/692583/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202023-09-06%20Supply%20Chain%20Dive%20%5Bissue:54228%5D&utm_term=Supply%20Chain%20Dive

 

Westcore Takes 3 Industrial Assets in CA for $327M

The Real Deal—Three manufacturing/warehouse facilities—two leased by Tesla—are now in  the hands of Westcore, the result of a $326.8-million acquisition. The assets, in Livermore, CA, are all part of Oaks Logistics Center and were sold by BGO, formerly BentallGreenOak. The 1.3 million square feet of assets had a combined assessed value of $154.3 million as recently as this past June.
https://therealdeal.com/sanfrancisco/2023/09/06/westcore-pays-327m-for-industrial-properties-in-livermore/


 

Maersk Differentiates Omnichannel From Omni-Commerce

MAERSK NEWSROOM—Omni-channel approaches have become a keystone in retail customer outreach, incorporating everything from mobile apps to AI and the Internet of Things. As complex and, says Maersk, logistically nightmarish as omnichannel strategies can be, they are not as comprehensive as an all-inclusive omni-commerce strategy. “While omnichannel is more about the idea of a unified brand presence in recognition of catering to the consumers preference for different channels, omni-commerce refers to a more comprehensive business approach to provide a seamless and unified shopping experience for consumers from end-to-end. This includes the integration of various systems, processes and data across multiple channels as well as the optimization of technology to create a consistent and personalized consumer experience.”
https://www.maersk.com/insights/digitalisation/difference-between-omnichannel-and-omnicommerce?utm_source=salesforce_mc&utm_medium=email&utm_campaign=M_5E65E328CC50F_64CB4AEB47D33&utm_term=M_5E65E328CC50F_64CB4AEB47D33+Read_how_Mod1_CTA_Web_Other_NoVertical_Email_Body&utm_content=D5BE4CD457BCEA6C35FA2F836B539DAD3ED289DE1791CD993B394B6BCA55A5D5&utm_id=122132&sfmc_id=262622637

 

Do Land Planners Plan on Industrial’s Value?

URBAN LAND INSTITUTE—Smart growth typically mandates walkable communities, diverse housing and environmental protection. “But what,” asks the Urban Land Institute, “about jobs?” While much well-located industrial space has been converted to housing, “under the name of smart growth and sustainability,” it is imperative to remember that industrial facilities of all types  offer “many positive externalities and ‘back of house’ functions that are under-appreciated, and . . . provide diverse jobs, many services and property taxes. Flexible and responsive spaces are needed for adaptable and resilient cities.”
https://urbanland.uli.org/public/the-working-city-smart-growths-blind-spot-to-industrial-jobs-and-lands/?utm_source=realmagnet&utm_medium=email&utm_campaign=HQ%20Urban%20Land%2009%2E11%2E23

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