Equipment leasing and finance industry confidence plummets in April from impact of Covid-19
April 21, 2020
While optimistic for a ‘V’ shaped economic cycle if the health crisis is first solved, some fear a prolonged shutdown will create business failures, more unemployment and unprecedented losses in the equipment finance industry and beyond.
Manufacturers release ‘American Renewal Action Plan’
April 21, 2020
National Association of Manufacturers' plan outlines three phases: response, recovery and renewal.
S&H Systems partners with Exotec Solutions
April 20, 2020
Growing customer demand for ecommerce and online retail leads S&H Systems to partner with French-based system manufacturer to deliver high-density warehousing.
Raymond begins producing face shields for healthcare workers
April 20, 2020
More than 2,000 face shields to be dispersed to local hospitals and emergency responders.
U.S.-bound shipments see steep decline in March, reports Panjiva
April 20, 2020
March shipments—at 829,501—were off 10.1% annually, falling for the seventh consecutive month. And on a year-to-date basis through March, U.S.-bound waterborne shipments—at 2,706,690—are down 6.8% annually.
Mobile Industrial Robots (MiR) adds 5 certified system integrators to network
April 17, 2020
MiR’s global network of CSIs ensure proper installation and service of MIR’s fleet of user-friendly, powerful and robust AMRs for heavy and light internal transport.
Sponsored Content
Deep Learning is the Future for Increased Efficiencies and Virtual Machine Support
April 17, 2020
As machines learn to think, SICK’s deep learning technology helps machines analyze large quantities of data to provide better virtual support.
This Month in Modern: Investment will need to stay strong
April 16, 2020
I believe there’s going to be a lot of companies looking to revitalize their supply chains, each company will have their own journey to define the areas of operation that need to be strengthened.”
CBRE report examines the expected need for additional cold storage space, due to COVID-19
April 15, 2020
Demand for United States-based industrial cold storage space is on the rise, due to coronavirus, or COVID-19 as it creates “massive disruption in the food industry,” according to research issued this week by Los Angeles-based industrial real estate firm CBRE.
March retail sales see deep slide, due to COVID-19, reports Commerce
April 15, 2020
Commerce reported that March retail sales—at $483.1 billion—were down 8.7% compared to February, which represents the single largest annual monthly retail sales decline going back to when this data was first tracked by Commerce in 1992.
MHI launches Modex 365 virtual trade expo experience
April 14, 2020
Modex 365 delivers the best supply chain solutions, the smartest thinking and the latest equipment and technology solutions in a digital format.
Yale robotic reach truck wins gold Edison Award
April 14, 2020
Robotic reach truck can perform at 30 feet and reach into double-deep storage locations, enabling operations to automate new processes beyond floor-level, point-to-point transportation.
Bastian Solutions becomes global distributor of AutoStore
April 14, 2020
Bastian Solutions, a Toyota Advanced Logistics company, has recently signed an agreement to become a global AutoStore integrator.
New GS1 US raw materials guideline supports streamlined sourcing and a circular economy
April 13, 2020
Standardized product information enables shorter product development cycles, resulting in process efficiencies, enhanced sustainability and transparency for consumers.
IDC: Supply chain changes to expect in the post-COVID-19 era
April 13, 2020
Report suggests global pandemic's impacts on manufacturing, retail and society at large will remain long after COVID-19 is gone.
Deloitte helps navigate disruption with five trends influencing tomorrow’s manufacturing industry
April 13, 2020
Report suggests primary ways five trends could alter where, when and how manufacturers deliver value to customers and other stakeholders.
Recession-Proof Your Supply Chain
April 13, 2020
When a recession hits, customers can reduce your revenues and stop your outbound flow of products faster than you can trim expenses and stop your inbound flow of raw materials. Working capital will be stressed as your materials pipeline backs up and profits will take a hit as costs overshoot revenues. This framework gives supply chain managers six simple ways to prepare for downturn before it happens—and to respond constructively when the economic slump arrives.
PMMI launches NAM health care to address member health coverage needs
April 13, 2020
PMMI offers association health plan for employers in select states.
Alternative Fuel Tax Credit retroactively extended for propane forklifts
April 13, 2020
Tax credits are available for propane forklifts for 2018 – 2020.
GlobalData: Industrial automation paying the price for failing to think big and invest bigger
April 13, 2020
Despite much hype over the years, advanced factory automation has not been substituted for human workers at scale.