Transportation TIP List: Week of January 8th, 2017
In the past week, many southern states (including Texas!) saw cold temperatures and even a light dusting of snow. As we battle through January’s chilly winter weather, we wanted to catch you up on the hottest trends and topics in the transportation industry. This week’s TIP List showcases the rise in Mexico’s fuel prices, Amazon’s new flying warehouse and what to expect from the supply chain and retail industries in 2017. Grab a hot cup of tea and check out the articles below!
- US-Mexico Transport Cost to Rise on Fuel Price Hikes: The cost of cross-border shipping between the U.S. and Mexico is set to rise as Mexican trucking operators react to a 13-20% increase in fuel costs set by Mexico’s federal government on January 1.
- Unrest Over Mexico Gasoline Price Hike Erupts Into Looting: Protests over a sharp gasoline price hike erupted into the looting of gas stations and stores in various parts of Mexico last week, with dozens of businesses reportedly broken into.
- 2017: The Year for the Supply Chain Transformation: Procurement leaders recently surveyed the plans of procurement executives to reform their functions. The research revealed that 82% of procurement organizations are currently undergoing a transformation.
- Five Predictions for Retail In 2017: It’s the time of year when everyone is setting their expectations for the year ahead. 2017 promises more disruption for retailers as they try to keep ahead of the changing shopping behaviors of their digitally-savvy customers.
- Amazon Wins Patent for A Flying Warehouse: Amazon has been awarded a patent for a giant flying warehouse that acts as a launch pad for drones to deliver items within minutes. This includes an “airborne fulfillment center” (AFC) such as an airship or blimp that would float at an altitude of around 45,000 feet.
- States Wire Up Roads as Cars Get Smarter: Transit planners say it’s only a matter of time and money until self-driving cars travel on “smart-roads” that communicate directly with vehicles to help them move as quickly and as safely as possible.
- Ford to Scrap Mexico Plant, Invest in Michigan: Ford Motor Company recently announced it will cancel a $1.6 billion plant planned for Mexico and will instead invest $700 million in a Michigan assembly plant.
What supply chain and retail industry trends are you following this season?