🛸 Future-proofing sustainable logistics
How sustainability drives innovation – from Super Bowl’s dominion to digital freight advancements.
As February unfolds, we're diving into the heart of sustainability and innovation within logistics and e-commerce. ❤️🌱
🔍 Today’s edition shines a light on the steps industries are taking towards a greener future.
🚚 Meanwhile FedEx is embracing hydrogen-powered tech to reduce its carbon footprint.
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Till next time,
Locate2u Team
🏈 Super Bowl logistics
Apart from being America’s biggest sports event, the Super Bowl is also a logistical behemoth with food, drinks, and fan gear shipped to millions of fans.
This year’s event became the most-watched game in history, with a staggering 123.4 million viewers across all platforms.
Key points:
🚀 Feast of the fans: Consumer spending soared with 80% on food and drinks, including 88 million pounds of chips and 54 million avocados…
🏷️ Brand engagement: Women drove a 21% increase in demand growth.
🤝 Swifties's brand magic: Taylor Swift's presence drew a younger demographic and brands adjusted their Super Bowl ad spend.
Super Bowl LVIII showed what can be achieved when strategic planning, consumer engagement, and celebrity influence intersect.
🔋 FedEx tests hydrogen tech
FedEx Express Europe is pioneering sustainable logistics with its first trial of a hydrogen-powered van in the Netherlands.
The trial utilizes the Renault Master Van H2-TECH to showcase rapid refueling capabilities.
Key points:
Marius Penninks, vice-president at FedEx Express Europe, says: “It’s important to stay curious about solutions that can reduce our [dependence] on fossil fuels.”
Go deeper: FedEx Express tests hydrogen tech
🛒 Temu fair play crackdown
Temu finds itself at the center of a significant debate. 👀
Germany's Handelsverband Deutschland is calling on politicians to ensure “this open barn door for non-marketable products from the Far East is closed as quickly as possible.”
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Key points:
🛍️ The Chinese-based company is on a “shopping spree for ad space” in the US and it’s paying off big time...
Here’s how: Temu crackdown: The call for fair play
🚚 CDL 1000 acquires NEXT
In a strategic acquisition, CDL 1000 acquired its competitor NEXT Trucking.
The deal “extends consolidation in the struggling, technology-focused business of matching trucks and shipments,” the Wall Street Journal reports.
Key points:
📊 NEXT is also trusted by brands like HiSense, SHARP, Pioneer, and Hitachi, and was eyed as one of ‘50 Startups To Watch’ by Built In LA.
Read more: CDL 1000 acquires rival Next Trucking
🌱 2024 Sustainability shifts
Sustainability is more than just a trend these days.
Since consumers demand transparency now, companies are forced to align their strategies with a greener future.
Key sustainability trends:
♻️ Revamped retail returns:
The environmental toll of returns is staggering. Retailers must streamline the process and relook their returns policies.
🚫 Say goodbye to greenwashing:
This deceptive practice is being replaced by a demand for authenticity. Keep deceiving your eco-conscious customers and risk losing them altogether!
Customers are likely to stick with a brand if it’s easier for them to make sustainable choices.
In fact, 41% are willing to wait longer for sustainable delivery.
💚 Keep your green-minded customers by:
📩 Do you have news for us? Get in touch at newsdesk@locate2u.com.