Walmart’s Suarez provides an overview of the company’s global approach to last mile logistics

As a leading global retailer, it is not surprising that Walmart is as active on the last mile front as anybody. Logistics Management's Jeff Berman recently had a chance to talk to JP Suarez, Chief Administration Officer for Walmart International, to learn about Walmart's global last mile initiatives. Source: logistics Mgmt

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UPS and CVS herald initial drone deliveries of prescription medicine

Roughly one month after receiving the United States government’s first full Federal Aviation Administration’s (FAA) Part 135 Standard certification, which is required to operate a drone airline, Atlanta-based transportation and logistics bellwether UPS said today that, in a partnership with CVS Health Corporation, a subsidiary of CVS Pharmacy, it has competed the first revenue-generating drone delivery of a medical prescription from a CVS pharmacy directly to a consumer’s home on November 1. Source: logistics Mgmt

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Manufacturing output shows modest progress in October, reports ISM

The report’s key metric, the PMI, eked out a 0.5% gain to 48.3 8 (a reading of 50 or higher indicates growth), following declines of 1.3% and 2.1%, respectively, in October and September. The October PMI marks the third consecutive month the PMI has come in below 50, while the overall economy grew in October for the 126th consecutive month. Source: logistics Mgmt

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XPO delivers solid earnings results

Greenwich, Conn.-based XPO Logistics, a provider of global freight transportation and logistics services, reported solid third quarter earnings today. Revenue­­-at $4.15 billion-was down 4.4% annually, and net income attributable to common shareholders-at $117 million-was up 13.7% compared to $101 million a year ago. Operating income-at $229 million-was up 8.7%, and diluted earnings per share-at $1.14-topped Wall Street estimates of $1.03 per share. Source: logistics Mgmt

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UPS announces facility expansion in Tennessee

UPS officials said that this effort has resulted in more than 300 new full- and part-time jobs to the region, and they added that both Tennessee-based businesses and consumers will see benefits from the facility’s expanded sortation and distribution facility’s improvements in speed, efficiency, and reliability. Source: logistics Mgmt

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Former U.S. Secretaries of Agriculture call on Congress to pass USCMA

While the prospects for the United States Canada Mexico Agreement (USCMA) remain murky, that has not led to various concerns ringing the bell for it to be signed into law. That was made clear last week in the form of a letter penned to Congressional leadership last week by all former United States Secretaries of Agriculture going back the President Reagan’s Administration. Source: logistics Mgmt

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