IAMC News Briefs—Week of November 20, 2023
By John Salustri
TRUCKING DIVE—BNSF, JB Hunt and Grupo México Transportes are teaming on a new US-Mexico intermodal service, kicking into service the first of the new year. Leveraging rail networks on both sides of the border, Grupo México will operate trains six days a week between three major Mexican markets: Monterrey, Silao-Bajio and Pantaco-Mexico City, and interchange with BNSF at Eagle Pass, TX. The new plan is expected to reduce by one day the service between Monterrey and Chicago.
https://www.truckingdive.com/news/jb-hunt-bnsf-gmxt-launch-us-mexico-intermodal-service/699747/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202023-11-15%20Trucking%20Dive%20%5Bissue:56480%5D&utm_term=Trucking%20Dive
SUPPLY CHAIN DIVE—It is called the UPS Supply Chain Symphony, it launched on November 15 and through it, UPS anticipates providing to shippers greater visibility and efficiency. The platform allows shippers to access previously standalone data to view virtually real time shipping information. It also offers a menu of tools such as quoting and booking for air and ocean freight and customer navigation of international trade regulations.
https://www.supplychaindive.com/news/ups-unveils-supply-chain-symphony-platform-software/699894/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202023-11-16%20Supply%20Chain%20Dive%20%5Bissue:56511%5D&utm_term=Supply%20Chain%20Dive
MAERSK NEWSROOM—Do you celebrate Singles Day? The Chinese do, a sort of anti-Valentines Day, a celebration of being single also known as Double 11, since it is celebrated on 11/11. It is also apparently a major shopping day (although who is receiving gifts is a question), and this year wrapped up with $US 156 billion in estimated sales. To enhance the celebration, Maersk has unveiled “robust Omnichannel-Fulfillment (OCF) to support Double 11 retail promotions for 56 key clients in 16 OCF locations in China. The OCF team managed 8.15 million outbound orders this year. OCF is credited with “resolving our supply chain challenges,” says Sophy Chen, head of OCF accounts in Jiangsu & North China operation.
https://www.maersk.com/news/articles/2023/11/17/maersk-unveils-robust-omnichannel-fulfillment-capabilities-for-singles-day-shopping-festival
COMMERCIAL PROPERTY EXECUTIVE—The Rockefeller Group has partnered with the Matan Cos. in the development of a 5-million-square-foot logistics center in Suffolk, VA. The first phase of the massive, $300-million, 540-acre Port Logistics Center will focus on five buildings pacing out to 2.4 million square feet, and is slated to commence in 2025. The area is zoned for heavy industrial, logistics, advanced manufacturing, life science and warehouse uses. JLL is handling the leasing.
https://www.commercialsearch.com/news/rockefeller-group-matan-cos-to-develop-5-msf-logistics-project/
IAMC CORNERSTONE—Are retailers circumventing industrial space? A new Colliers report reveals that more brands are dedicating store space to fulfill online orders. “Retail companies will need more last-mile warehouse space because their consumers attribute brand loyalty, in part, to speedy delivery,” says the report. As an example, Colliers points to Walgreens. With 78% of its customers within a five-mile radius of a store, the retailer is dedicating more of its store footprint to fulfillment and using services such as Uber Eats and DoorDash for deliveries. Ther issue with traditional distribution channels is that, even with the pandemic-driven warehouse construction boom, “last mile supply has not kept pace with e-commerce growth,” the report states.
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