Supply Chain
Top stories summarized by our editors
4/20/2018

US companies who import materials from China to manufacture goods in the US could be hit with most of the imposed tariffs proposed by the White House, analysts say. Ultimately, US consumers will see significant increases in prices.

More Summaries:
US, White House, China
4/20/2018

Strategic partnerships help Keurig advance its sustainability agenda, says Chief Sustainability Officer Monique Oxender. Keurig was one of the first firms to join the Closed Loop Fund, which aims to improve recycling and create end uses for recycled materials.

Full Story:
Sustainable Brands
4/20/2018

Tech Data has named Chief Operating Officer Richard Hume as CEO, effective June 6. CEO Bob Dutkowsky will become executive chairman.

More Summaries:
CEO Bob Dutkowsky
4/20/2018

W.W. Grainger posted first-quarter net income of $231.5 million on revenue of $2.77 billion, with both figures up from a year earlier. Grainger opened 2 US branches in the quarter, while closing 22 worldwide in the first quarter.

More Summaries:
W.W. Grainger
4/20/2018

Genuine Parts posted sales of $4.59 billion and total profit of $176.6 million in the first quarter, with both higher than a year earlier. "We were pleased to complete the first quarter of 2018 with double-digit total sales growth, driven by increases in our core global automotive and industrial businesses," said President and CEO Paul Donahue.

4/20/2018

Early trucking adopters of blockchain may see benefits, including increased visibility, more informed decision making and fewer errors in business transactions, Cristina Commendatore writes.

Full Story:
Fleet Owner
4/20/2018

Just over 30,000 tons of scrap plastics were exported from the Los Angeles port district in January, or about 37,000 tons fewer than a year earlier. While more than half of January 2017's exports went to China, only 7% of this January's exports were delivered there.

Full Story:
Resource Recycling
4/20/2018

StockX, GOAT and Stadium Goods are three sneaker-focused resellers that have received venture or celebrity funding. StockX expects gross merchandise volume of more than half a billion dollars this year.

Full Story:
Fast Company online
More Summaries:
Stadium Goods, GOAT
4/20/2018

Automotive service departments are looking to be more efficient at reconditioning as dealerships increase sales of used cars. Three days is the longest a dealer should spend on reconditioning, says consultant Joe Lescota.

Full Story:
Automotive News
4/20/2018

Rebag has opened its second New York City store to offer luxury handbags that it's purchased from sellers. "Women who would have waited 10 years to buy a Chanel bag can afford to buy it now," said founder Charles Gorra.

Full Story:
Fast Company online
More Summaries:
Rebag