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Detroit Big Three, Tier 1 Suppliers Join Together For Summit

July 22, 2014 10:49 am | by Michigan Economic Development Corporation | News | Comments

Chrysler Group LLC, Ford Motor Company, General Motors and 43 of their Tier 1 partners joined forces with Pure Michigan Business Connect to host the first Detroit Three supplier summit.           

Amada Machine Tools America Joins IBC As A Preferred Supplier

July 17, 2014 11:14 am | News | Comments

IBC has announced the addition of Amada Machine Tools America, Inc., to its buying group as a...

Praxair Signs Long-Term Supply Agreement

July 17, 2014 10:59 am | by Praxair | News | Comments

Praxair, Inc., through a subsidiary, has signed a long-term contract to supply industrial gases...

Gov't Sets Duties On Steel Pipe Imports

July 15, 2014 10:22 am | by The Associated Press | News | Comments

The U.S. government has imposed duties on imports of steel pipe from South Korea, India and...

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The Big Rig Truck That Drives Itself

July 10, 2014 3:02 pm | by USA Today | Videos | Comments

German automotive manufacturer, Daimler, is taking self-driving vehicles to the next level. Check out this big rig truck that drives itself.                   

Industry ... in 3D

July 10, 2014 2:55 pm | by Anna Wells, Executive Editor - @industrialanna | Articles | Comments

3D printing is being touted as the most disruptive technology to hit the industrial marketplace in years, but exactly how will manufacturers and distributors be affected?               

Just When You Thought International Electronic Payments Were Safe

July 10, 2014 12:09 pm | by Fred Mendelsohn, Partner at Burke, Warren, Mackay & Serritella, P.C. in Chicago | Articles | Comments

Recently, the FBI released a bulletin titled “Man-in-the-Email” Fraud Could Victimize Area Businesses, outlining how three Seattle area businesses sent electronic payments to their China-based suppliers, only to learn that the payments were intercepted by thieves and diverted from the supplier, sometimes leaving the supplier, and other times the purchaser, “holding the bag.”

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Safety Manufacturer Radians Invests In Warehouse Automation

July 9, 2014 10:16 am | by Radians, Inc. | News | Comments

Radians' new order fulfillment system, or pick module, from Integrated Solutions will be fully operational by July. Once completed, the automated system will become the central hub of their warehouse operations, expediting the pick and ship process for optimum product flow.

Steel Pipe Imports Put American Jobs at Risk

July 9, 2014 9:59 am | by John D. Oravecz, Pittsburgh Tribune-Review | News | Comments

The steel industry was expected to benefit greatly from the domestic boom in oil and gas drilling. But the anticipated windfall from supplying drilling companies with tubular steel for oil and gas pipelines is being undermined by a flood of cheap imports.

The Columbus, OH Region: A True Logistics Hub

July 1, 2014 5:03 pm | by Abbigail Kriebs, Associate Editor - @AbbigailatID | Articles | Comments

With its diverse economy comprised of retail, apparel, and manufacturing industries and its central location (10-hour drive from almost 50% of U.S. markets), the Columbus Region is an ideal location for supply chain and distribution operations and facilities.

The Alibaba Effect: What It Means for All U.S. Businesses & How They Need to Respond

July 1, 2014 9:38 am | by Jim Tompkins, CEO of Tompkins International | Blogs | Comments

In a new video The Alibaba Effect, Jim Tompkins, CEO of Tompkins International, shares in-depth insight into how Alibaba will affect every U.S. business, and what they can do about it. Just last year, Alibaba made astounding margins, earning 43 cents to every dollar earned.

Ruling Might Help U.S. Become Major Oil Exporter

June 30, 2014 10:20 am | by Jonathan Fahey and Dina Cappiello, Associated Press | News | Comments

The Obama Administration has opened the door to more exports — without changing policy — by allowing some light oils to be defined as petroleum products like gasoline or diesel, which are not subject to export restrictions.     

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American Component Exchange Adds More U.S. Made Products With Rayovac

June 24, 2014 10:59 am | by American Component Exchange | News | Comments

Recently opened electronics and electrical distributor, American Component Exchange (ACE), is now distributing several lines of Rayovac’s battery products.                

Unisource Completes Top Flight Concepts Acquisition

June 23, 2014 11:22 am | by Unisource | News | Comments

The transaction brings a significant portfolio of unique intellectual property into Unisource as well as over 500 additional manufacturer, distributor and third party logistics provider clients to the combined company.     

Billions At Risk As West Coast Port Contract Ends

June 23, 2014 11:02 am | by Justin Pritchard, Associated Press | News | Comments

A contract that covers nearly 20,000 dockworkers is set to expire, and businesses are worried about disruptions.                       

Wal-Mart Plans Central Indiana Distribution Center

June 19, 2014 4:27 pm | by The Associated Press | News | Comments

Wal-Mart says the new center will fill online orders after it opens early next year. The company says it expects to start hiring for full-time jobs at the center in October.              

U.S. Supply Chain & Logistics Industry Continues Slow Rebound Led By Rail & Trucking

June 19, 2014 10:44 am | by The Council of Supply Chain Management Professionals (CSCMP) | News | Comments

The report reveals that total U.S. business logistics costs in 2013 rose to $1.39 trillion, a 2.3% increase from the previous year.                       

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Eaton's New Web Tool Helps Its Distributors

June 18, 2014 10:23 am | by Eaton | News | Comments

Power management company Eaton launched the MyEaton website for U.S. and Canadian distributors, providing personalized access to its expanded electrical solutions.                

Longer Tractor-Trailers Could Be On Their Way

June 16, 2014 10:38 am | by CBS | Videos | Comments

Some companies want to extend semi trailers from 28 feet to 33 feet - but will these longer trucks pose more safety risks?                       

Troubled Mining Industry Now Resurgent In Midwest

June 11, 2014 9:57 am | by John Flesher, Associated Press | News | Comments

The rebirth of a MI mine is almost miraculous to local residents who have borne the brunt of its demise, but it's part of something even bigger: a surprising resurgence of a mining industry that once was an economic pillar in three Upper Midwestern states but has been in serious decline.

ParkOhio Acquires Apollo Aerospace Group

June 11, 2014 9:52 am | by ParkOhio | News | Comments

Apollo is a supply chain management services company providing Class C production components and supply chain solutions, headquartered in West Midlands, England, with operating locations in England, France, Poland, and India.     

MAPI: Large Deficit In U.S. Trade Could Foreshadow Dim Outlook For Exports

June 6, 2014 10:24 am | by MAPI: Manufacturers Alliance for Productivity and Innovation | News | Comments

Disappointing first quarter growth in manufactured exports, together with a continued rise in the extremely large deficit, does not bode well for a resurgence in export competitiveness, according to an analysis from the Manufacturers Alliance for Productivity and Innovation (MAPI).

U.S. Trade Deficit At 2-Year High

June 6, 2014 10:22 am | by Martin Crutsinger, AP Economics Writer & AAM | News | Comments

The U.S. trade deficit jumped to a two-year high in April, as sales of exports declined and imports surged to a record high. The Commerce Department says the deficit rose to $47.2 billion in April, up 6.9% from an upwardly revised March deficit of $44.2 billion.

New & Used Commercial Vehicle Registrations Up 5% In 1Q

June 3, 2014 10:45 am | by IHS | News | Comments

Combined new and used commercial vehicle (GVWs 3-8) registrations in the first quarter of the 2014 calendar year were 319,045 units, an increase of 5 percent over the same period in the 2013 calendar year, according to recent analysis from IHS Automotive. 

TECSYS Acquires Logi-D

June 2, 2014 10:10 am | by TECSYS Inc. | News | Comments

"This acquisition will bring together two Quebec based technology companies with complementary product lines, and extend our leadership in healthcare supply chains where more than 30% of our business is currently coming from," said Peter Brereton, President and CEO of TECSYS.

iForks With RFID-Scanner

May 29, 2014 3:41 pm | Product Releases | Comments

This new release from RAVAS demonstrates the advantages of integrated material flows and information flows, using iForks with built-in RFID-scanner.

What Are All These PLs, Anyway? The Layers Of Logistics Explained

May 28, 2014 4:05 pm | by Adam Robinson, Director of Marketing, Cerasis | Blogs | Comments

Learning the difference between third party logistics (3PL) and fourth party logistics (4PL), as well as 1PL and 2PL – and the rise of even fifth party logistics (5PLs) – is both confusing and highly debated among those in the supply chain industry.

Price-Fixing Probe Rattles Auto Industry

May 27, 2014 3:35 pm | by Eric Tucker, Associated Press | News | Comments

The investigation, made public four years ago with FBI raids in the Detroit area, has led to criminal charges against dozens of people and companies, stretched across continents and reverberated through an industry responsible for supplying critical car components.

MIT Prof: More Costly to Offshore Than Many Companies Think

May 27, 2014 3:30 pm | by MIT Sloan School of Management | News | Comments

Research by MIT Sloan School of Management Visiting Prof. Suzanne de Treville finds that it’s often more costly than companies think to offshore. Using a new finance tool, she shows how the mismatch costs that result from extending the supply chain may well be higher than the lower cost offered by the offshore supplier, leading to reduced profits.

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