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by | Aug 28, 2024

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TMX Trendwatch: Week of August 26th

In this edition of TMX Trendwatch, we highlight key developments in the supply chain and logistics industry impacting shippers and carriers around the globe.

Canada’s Labor Minister is working to prevent a potential rail work stoppage, underscoring the importance of proactive labor relations. Mondelez International is driving a digital transformation by partnering with Accenture to implement SAP’s ERP system, aiming to enhance supply chain efficiency.

The Port of Los Angeles achieved record cargo volumes despite global challenges, highlighting its critical role in managing increased demand. Additionally, the U.S. government’s $5.5 million investment in food supply chain infrastructure emphasizes the focus on resilience, while the upcoming 2024 U.S. election could significantly impact supply chain policies and strategies.

Canada Labor Minister Meeting with Railroads, Union to Head Off Work Stoppage:

Canada’s Labor Minister is engaging with railroad companies and unions to prevent a potential work stoppage that could disrupt supply chains. The meeting is a proactive measure to ensure continued operations in the face of labor disputes.

Mondelez Embarks on SAP-Driven Supply Chain Transformation with Accenture:

Mondelez International is collaborating with Accenture to overhaul its supply chain management by implementing SAP’s ERP system. The transformation aims to enhance operational efficiency and drive long-term growth through digital innovation.

Port of Los Angeles Sees Record Month Amid Supply Chain Disruptions:

The Port of Los Angeles experienced its highest-ever cargo volume in July, despite ongoing global supply chain challenges. This surge reflects the port’s crucial role in managing increased demand and maintaining supply chain continuity.

$5.5 Million Awarded to Strengthen Food Supply Chain Infrastructure:

The U.S. government has allocated over $5.5 million to enhance food supply chain infrastructure, focusing on improving resilience and efficiency. This funding aims to bolster the supply chain’s ability to meet growing demands and mitigate future disruptions.

How the 2024 Election Could Impact Supply Chains:

The upcoming 2024 U.S. election could significantly influence supply chain policies, with potential changes in trade regulations, labor laws, and environmental mandates. The outcome of the election will likely shape the strategic decisions of supply chain leaders in the years to come.

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