What We Are Reading
Resilience360 and Riskpulse unveiled today a new company name and brand reflecting the integration of the two companies and launched a new platform that combines the unique capabilities of two leading global supply chain risk analytics solutions.
In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 60.8 (a reading of 50 or higher indicates growth), which was 2.1% higher than January’s 58.7, and matched the 60.8 PMI recorded in February 2018, with the overall economy growing for the ninth consecutive month.
Freight transportation providers responded to COVID-19 pressures heroically, becoming leaner, more collaborative and efficient. Patrick Burnson reports that while this is good news for the nation’s freight network, shippers should expect significantly higher rates across all modes in the months ahead as the world moves through recovery.
The MIT Center for Transportation & Logistics asked two leaders, Lynn Torrel, the chief procurement officer and supply chain officer at Flex, and Dave Wheeler, the chief operating officer at New Balance, to relate their pandemic experiences.
The shift to remote work and virtual collaboration was abrupt, but it’s likely to endure.