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McCormick & Co. received $28 million in tariff refunds in the second quarter ended May 31, with another $3 million expected in the second half of the fiscal year, EVP and CFO Marcos Gabriel said. buff.ly/Kip4xzF
Postmaster General David Steiner wants the U.S. Postal Service to improve visibility into the parcels flowing through its network. The Postal Service is already making technology investments toward that goal, a spokesperson told Supply Chain Dive. buff.ly/yM8gd4U
Artificial intelligence-powered simulation and other types of robotics technologies are becoming more powerful and cost-effective for manufacturers, per speakers at the Automate conference hosted by the Association for Advancing Automation last month. buff.ly/6SdsbTa
The United States-Mexico-Canada Agreement will not be extended immediately, following a virtual meeting between trade negotiators from each country Wednesday. buff.ly/U1WMbQ9
UPS has invested $48 million in 27 temperature-controlled cross-dock facilities in several U.S. and international markets, part of its ongoing efforts to capture more business from healthcare shippers.
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U.S. manufacturing activity continued an upward trajectory last month even as the Iran war and price volatility remain concerns, according to the Institute for Supply Management's latest Purchasing Managers’ Index. buff.ly/3fSAOG1
CMA CGM is buying FedEx's contract logistics outfit, known as FedEx Supply Chain, for $1.4 billion. The two companies also plan to enter into multiyear ocean and air freight agreements, with CMA CGM becoming FedEx's preferred ocean carrier. buff.ly/Q1lvDFG
The Lovesac Company is on track to begin domestic manufacturing of its Sactionals line of modular sofas this summer, CEO and Director Shawn Nelson said in a June 11 earnings call. buff.ly/gJRpklM
Advance Auto Parts expanded its partnership with last-mile delivery software company OneRail to support same-day, store-based fulfillment, according to a recent press release.
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U.S. Customs and Border Protection has completed enhancements to its refund processing system for now-defunct tariffs to include entries for shipments that are awaiting reconciliation of their final duty calculations, per a notice.
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General Motors is investing $275 million into its Spring Hill Manufacturing Plant in Tennessee to support the automaker’s engine program for full-size and midsize trucks and for the launch of a future Cadillac model.
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HelloFresh has grown its chilled fulfillment capacity from 100 SKUs to 500 SKUs via an expanded partnership with Locus Robotics, according to a news release last week. buff.ly/8UOcw9E
FedEx plans to return its full Boeing MD-11 aircraft fleet back to service before peak season, CEO Raj Subramaniam said during an earnings call.
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Majors Management is bringing AI-powered decision making and automation to its convenience retail and fuel distribution business, the company announced last week. buff.ly/Ixs4Qih
Del Monte Corp. expects cost pressures of up to $45 million due to developments in the Middle East driving higher energy, shipping and commodity costs, according to an earnings call earlier this month.
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A wave of U.S. Postal Service pricing changes is set to take effect next month, introducing fresh cost pressures for parcel shippers. Here's how customers can mitigate potential challenges. buff.ly/sg0lhA6
CSX Transportation has completed its $495 million rail tunnel project at the Port of Baltimore, further enabling double-stack rail services at the port, according to a press release from Gov. Wes Moore’s office. buff.ly/KSV3iPi
On its first earnings call since becoming an independent company, FedEx Freight said it will be targeting small and medium-sized businesses, healthcare, grocery and technology, specifically serving data center customers, in pursuit of revenue growth. buff.ly/pTlgKqB