Our guest on this week's episode is John Lash, group vice president of product strategy at e2open. Good supply chains allow companies to remain competitive. But sometimes they need a bit of government help, especially when their competitors receive assistance from their own governments. That’s one reason why the Biden administration has launched the White House Council on Supply Chain Resilience. Our guest shares why this latest task force was created and what it is intended to address.
Government regulations are always a big topic at trucking-industry events, and that was certainly the case this week at the SMC3 Connections conference in Colorado Springs. Connections is an annual educational event sponsored by SMC3. We share some of the highlights from the conference, including proposed government regulations that freight companies see as concerns due to their their implementation timelines.
This week UPS sold its Coyote Logistics division to RXO. UPS had acquired Coyote for $1.8 billion in 2015, when it was a hot startup in the freight brokerage sector. Since that time, conditions have gotten really tough in the truckload freight business, which has been in a freight recession for about two years now. The sale reflects that downturn, as Coyote was sold for just over $1 billion. We look at the deal and discuss how both RXO and UPS will benefit from it moving forward.
Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. Go to your favorite podcast platform to subscribe and to listen to past and future episodes.
Articles and resources mentioned in this episode:
- e2open
- Legislation and the environment top trucking industry concerns
- UPS sells off Coyote brokerage arm to RXO for $1.025 billion
- Get episode transcripts
- Visit Supply Chain Xchange
- Listen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcast
- Send feedback about this podcast to podcast@agilebme.com
Podcast is sponsored by: Equipment Depot
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