Transportation TIP List: Week of April 10th, 2016
With the 2016 MLB season officially underway, you may already be hoping that your favorite home team will be this year’s World Series Champions. But only time will tell, of course. In the meantime, our TIP List this week looks at some contenders for game-changing performance in the supply chain and transportation industry, including small commercial drones, new rules for food shippers and the Internet of Things. Let’s play ball!
- Proposals Seek to Expand Uses of Small Commercial Drones: A federal advisory group has proposed rules to significantly expand uses of small commercial drones, including the first regulatory framework to conduct risk assessments of operations such as news videos, power line inspections and other types of flights over urban areas or crowds of people.
- The FX Effect: Navigating the Volatile World of Cross-border Trade: Canada and the U.S. share the world’s longest border, stretching 8,891 kilometers across land and water. They also share what is perhaps the world’s largest bilateral trade relationship: in 2014 bilateral trade of goods and services totaled just over C$800 billion dollars.
- Manufacturing Expands for First Time in Seven Months: Manufacturing expanded in March for the first time in seven months, fueled by a surge in orders that signals American factories are emerging from their worst slump since the last recession.
- US Expected To Surpass China In Manufacturing Competitiveness By 2020: The United States is expected to overtake China as the most competitive nation for manufacturing. U.S. manufacturing competitiveness rose from fourth in the world in 2010 to second this year — and that it’s expected to assume the top spot by 2020.
- A Fresh Look at Supply Chain Visibility: A recent study showed that the supply chain visibility and collaboration market is the fastest growing supply chain market. And large corporations are investing in supply chain control towers as a way of taking their supply chain program to the next level.
- Food Shippers in the U.S. Face New Rules: Federal regulators introduced rules for food transportation that require shippers to ensure vehicles are properly cleaned and refrigerated. The move is part of a sweeping effort to reduce food-borne diseases that the FDA said sickens one in six Americans every year.
- Three Ways the Internet of Things Will Change Retail: Highly personalized shopping experiences. Intelligent stores. Remote interaction with products. All of these scenarios are predicted to be a part of the next major game-changer in the retail supply chain—the Internet of Things (IoT).
What current transportation trends do you think are industry game-changers?