Best Buy, blockchain and buzz Nike – FreightWaves

Good morning,

Zach Strickland of FreightWaves covered the news that tropical storm Gordon was preparing to land in Gulfport, Mississippi. During the night, the storm hit the border between the Mississippi and Alabama and claimed the life of a child in the Florida strip of land:

Anyone working in transportation knows how destructive and destructive tropical systems can be. The impact of hurricanes Harvey and Irma can still be felt in the transportation market today. Gordon does not seem to be on the same level as any of these systems, but tropical systems, big or small, are nothing to be taken lightly.

The main meaning of Gordon is not necessarily Gordon, but what it means for the rest of the year. The tropical Atlantic has been subdued into the main development region (MDR), the low-latitude tropical region north of the equator, where many storms develop before threatening the Caribbean and the United States. Only this year, two storms have occurred in the area. Seven storms developed in 2017, including the main hurricanes Maria and Irma. The idea is that storms have more time to develop, increasing the chances of a major hurricane striking the United States

So far, ocean temperatures have been colder than average, and a layer of Saharan dust has kept the atmosphere drier than normal over the MDR. Gordon may not have formed there, but his origins as a tropical wave survived the unfavorable environment, the first to do it all year.

Did you know?

On 27 August, PricewaterhouseCoopers published the results of their 2018 Global Blockchain Survey. According to PwC, 84% of respondents are actively involved in the blockchain.

Quotable:

"It is never a progress in technology that transforms a sector, it is a constellation and a combination of changes.

Steve Viscelli, and a senior in his Kleinman Center for Energy, in the future of autonomous trucks and their impact on the transport industry

In other news:

Container transport could approach the point of crisis with the start of the peak season

With the high season behind the corner, the LoadStar reports "turbulence" and "chaos" in all UK ports. " We are seeing breakdowns on about 20% of the boxes we handle, there are thousands of boxes, and from what we are hearing some of our competitors have worsened it, "said a forwarder.The LoadStar.

Road haulage tolls tolls to pay for a $ 1 billion infrastructure package

Indiana Governor Holcomb announced toll increases for truck drivers. "Tolls for cars will not be affected, but trucks traveling t and Toll Road end-to-end will pay an extra from $ 6 to $ 34, depending on how big they are. "(WIBC).

Best Buy accelerates the fulfillment with a new partially automated warehouse

A recall with the investors has revealed that the investment in the supply chain and the increase of the transportation costs have consumed Best Buy margins in the last quarter, but sales have increased overall, and the company will improve its Compton, California warehouse by equipping it with "a completely new automated system that will facilitate the delivery of order online faster and more efficiently in the local metropolitan area and across the west coast ", according to the CEO Hubert Joly. SupplyChainDive).

The Kaepernick campaign generated $ 43 million for Nike [19659013] In less than 24 hours, Colin Kaepernick's advertising campaign with Nike brought the company $ 43 million of media exposure. Most of the responses ranged from neutral to positive, second to Apex Marketing Group (Bloomberg).

Amazon opens a 2.4 million-square-foot warehouse in Orlando

Amazon has opened its 2.4 million-square-foot warehouse in Orlando, Florida, supplying the area with 1,500 jobs and a chance for even faster delivery in Central Florida (Orlando Sentinel)

Final considerations:

The chief economist of FreightWaves Ibrahiim Bayaan reported that manufacturing is 14 years of age. 39; Institute of Supply Management (ISM) showed that the activities of factories in the United States increased at a faster pace in August, as the index of manufacturing purchasing managers rose to 61 , 3 from 58 of the previous month. This far exceeded consensus expectations of a slight decline to 57.7 and marks the highest reading of the composite index since May 2004. New orders and index production components both registered strong increases during the month, signaling that the demand remains abnormally high in the third quarter and is likely to remain strong going forward

Hammer down, everyone!

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