Second Half of 2019 Looking Good
Companies are feeling good looking ahead to the end of 2019 because hiring has been going well. WSJ reports, “Shipping-focused businesses added nearly 15,000 jobs from May to June, the WSJ Logistics Report’s Jennifer Smith writes, boosting payrolls in trucking, warehousing and parcel operations despite signals of a softening freight market earlier in the year. The hiring surge was part of a strong national jobs report that shows a decadelong expansion in U.S. payrolls is powering ahead despite global headwinds.” As we’ve reported recently, organizations relying on manufacturing, trucking, delivery, and fulfillment are only worried about filling open jobs.
Grocery Self Service
Tesco has begun a trial for “cashierless” technology. The system, with Trigo Vision, was presented at a Tesco Express store earlier this month, although no further details were given on roll-out plans. An artificial intelligence-powered camera network and sensors on shelves detect what people are picking up and putting in their baskets, before automatically charging them for their shopping as they leave. Here is the visual of the process.
Blockchain Technology in Shipping
Read about how Blockchain technology is getting more traction in the shipping world. WSJ reported, “That complicated global distribution system provides a big hurdle to tracking shipments as they move around the world, and it’s the strongest reason that a blockchain system that allows participants to share information makes sense in maritime-focused supply chains.
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.