We have some interesting reads for you this week all in the name of “progress”. Some companies have been working the long lead on out of this world concepts, and others are unveiling out of the box ideas for the first time. Let’s jump in!
I. We are no longer surprised when plans are revealed from Amazon. That’s not to say we don’t find the actual plans exciting, but we can all safely say the “I did not see that coming” shock part has left the building. Amazon’s latest plans involve vehicles. Valuewalk shares, “A patent filing suggests that Amazon may be working on a self-driving car of its own, and if not a car, possibly a delivery truck, as it already uses trucks to move items among its warehouses.”
II. CSX may have some new leadership from a familiar face. The former CEO of Canadian Pacific Railway, Hunter Harrison, is said to be teaming up with an activist investor to target CSX railroad. Harrison, who is not a fan of retiring, came out of retirement in 2012 to take over CP Railway. He announced his retirement earlier this month from CP and then almost immediately declared his interest in taking on CSX.
III. A U.S. Bankruptcy Court judge has given Hanjin Shipping Co. permission to sell its majority stake in Long Beach, California. From the Los Angeles Times:
“We’re pleased that the judge did affirm the approval,” said Lori Ann Guzman, president of the Long Beach Board of Harbor Commissioners. Pier T “is perfectly situated, in terms of the waterfront. It’s one of our greatest assets.”
IV. There’s a new inventory robot making waves and her name is Tally. Making her debut at the National Retail Federation (NRF) convention in New York this week, Tally can maneuver around crowded retail floors taking high-resolution imagery of store shelves and automatically identify and count the items it sees. This could certainly be a supply chain game changer for many.
Image Credit: Simbe Robotics
As of September 8, 2020, Crimson & Co (formerly The Progress Group/TPG) has rebranded as Argon & Co following the successful merger with Argon Consulting in April 2018.
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