Manufacturers of lidar — short for light detection and ranging — are attempting to do more with less as the autonomous vehicle industry gains traction. Cepton (NASDAQ: CPTN), one of the few publicly traded lidar companies in the United States, introduced the Vista-X120 Plus on Tuesday, calling it "the world's...
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According to LMI, transportation prices fell at the fastest rate ever in December.
According to supply chain data released on Tuesday, 3 January, transportation pricing experienced a new "sharpest rate of contraction" in December. During the month, the Logistics Managers' Index (LMI), a monthly survey of supply chain executives, showed a 36.9 reading for transportation prices. The decline rate reached the fastest level...
Will UPS close its doors if the Teamsters union goes on strike?
The Teamsters union went on strike at UPS Inc. in August 1997, the first non-wildcat strike in the relationship's long history. UPS closed its massive U.S. ground delivery network rather than risk permanently damaging its reputation with customers, despite having an all-Teamsters labor force and no plans to call in...