It was Election Day this past Tuesday here in the United States and the biggest losers (once again) were the pollsters. What they predicted heading into election day based on their polling data turned out to be mostly wrong. Again.
This is a cautionary tale for supply chain and logistics professionals: if you’re looking to become more data-driven in your decision making process, you have to make sure the data you’re using is accurate and trustworthy. Otherwise, you might end up with egg on your face.
Moving on, it was a relatively quiet week for supply chain and logistics news, but here’s what caught my attention this week:
- China’s manufacturing hub Guangzhou locks down millions as Covid outbreak widens (CNN)
- The threat of national rail strike eases, for now, as key union BMWED extends deal deadline (CNBC)
- Union vs. Union Dispute Stalls West Coast Port Labor Talks (WSJ – sub. req’d)
- Retailers Turning to Specific-Day Delivery Over Speediest Shipping (WSJ – sub. req’d)
- Werner Enterprises Expands and Diversifies its Logistics Capabilities with the Acquisition of ReedTMS Logistics
- MercuryGate Extends Ocean Freight Procurement, Visibility And Supply Chain Compliance Capabilities With Strategic Acquisition
- FourKites Partners with Sony Network Communications Europe to Help Enterprise Shippers Deliver Exceptional Customer Experience
- Autonomous Delivery and Work Drones Will Still Need a Human Minder (WSJ – sub. req’d)
Since many people are out of the office today for Veteran’s Day, including me, I will share my commentary next week.
Have a happy weekend!
Song of the Week: “These Are The Days” by Inhaler