Today’s Top Supply Chain and Logistics News From WSJ
Stopping a truck to fuel up could become a issue of the past. officers in Colorado decide to road-test new battery-charging technology capable powering electrical trucks whereas they drive, WSJ supply Report’s true heath E. Phillips writes, during a new hint of returning hi-tech advances in truckage. The Colorado Transportation Department and infrastructure developer Aecom Iraqi National Congress. ar reconnoitering potential sites wherever vehicles equipped with “receiving coils” would draw power from another coil buried within the road. heavy electrical trucks stay rare on highways, partially as a result of they have to form frequent stops to recharge and should carry significant, big-ticket batteries. The technology is dynamical, however, and firms like Nikola Motor Co., that recently unveiled a category eight heavy truck high-powered by a atomic number 1 electric cell, ar probing for ways that to power huge rigs quicker and additional faithfully. Their 1st goal is to scale back emissions, however if they work, the technologies may upend the political economy that underpin over-the-road shipping operations.
Shipping waters have gotten way more turbulent for Hyundai merchandiser Marine Co.Maersk Line, the senior member of the world’s largest container-shipping alliance, isn’t any longer considering the carrier for membership within the cluster, the WSJ’s Costas Paris reports, causing a replacement cloud over the longer term of the troubled South Korean company. Maersk Line says the businesses ar currently exploring a additional restricted agreement, however the failure to line up totally with alternative operators puts HMM in unsure waters throughout one in every of the industry’s worst down cycles. particularly worrying for the carrier is that shipping customers apparently raised alarms over HMM’s potential role in 2M, apparently out of considerations over swing product on the carrier’s ships following the collapse of another Korean liner company, Hanjin Shipping. HMM has required to hitch associate degree alliance to induce the Korean Development to structure its debt, and also the carrier currently might have to search out a replacement path to steadier money waters.
One of Switzerland’s fastest-growing imports conjointly happens to be one the country’s painting exports. It seems Switzerland is shopping for back its own luxury watches from abroad at associate increasing rate, the WSJ’s Brian Blackstone reports, because the business copes with weaker world growth associated an oversupply of its dear merchandise. The the wrong way up trade is that the latest sign of hassle during a luxury watch trade that’s been pummeled by shocks in recent years, together with terror attacks that have withdraw European commercial enterprise and a robust Swiss franc that’s created its merchandise dearer abroad. A customs report says Switzerland foreign some $1.3 billion value of watches within the 1st ten months of the year, together with four-hundredth that had antecedently had been exported and were brought back as unsold inventory. With the vacation retail season fully swing, the watches could also be on the move once more, and perhaps even once more at the moment.
Can there ever be an excessive amount of of an honest thing? As so much because the cocoa trade cares, the globe has so much an excessive amount of chocolate of late. robust harvests within the world’s high manufacturing region of ara|geographic area|geographical region|geographic region} together with lukewarm demand for chocolate are making associate oversupply, the WSJ’s Katherine Dunn reports. costs in London fell to a 2 and a [*fr1] year low in the week because the flow of beans into Ivory Coast ports picked up, a brand new sign that cocoa could also be not off course to be one among 2016’s worst playing commodities. That’s a turnaround from last year, once cocoa costs surged thirteen whereas most goods markets declined—highlighting the sharp volatility in bulk goods business that has roiled shipping and trade recent years. For growers, the new traditional conjointly suggests that it should be additional profitable to stockpile cocoa beans, holding them back for additional profitable contracts next year.