A Note From Me

What the Eclipse taught me about Life (and startups)

Like roughly 4M other American's this week I had the chance to experience totality on Monday. I dragged my family from North Carolina to Ohio to share the moment surrounded by family and friends. It was indescribable, but I'll try anyways. There are very few moments in life that you know are once in a lifetime and where pictures won't do it justice. We only had 3 minutes to observe the sudden temperature drop, the 360 degree sunset, and of course the solar flares that crept out from behind the moon. There was no moving the eclipse to fit around your schedule or multitasking. You simply had to be present and experience the moment.

In the week that has past I’ve reflected a lot on why it meant so much to me, what I would’ve done differently, and what lessons I can take back to my work life.

Like what You See?

What We’re Reading

• PepsiCo and Carrefour End Food Fight, Returning Snacks and Drinks to Shelves: PepsiCo and Carrefour have resolved their dispute over pricing, leading to PepsiCo products being restocked on Carrefour shelves after a temporary absence. The resolution marks a return to normalcy for both companies and ensures continued availability of PepsiCo snacks and drinks for Carrefour customers. (WSJ)

• Nvidia Partner Bets $3.9 Billion on the Midwest’s Chip-Making Potential: Nvidia's partner, GlobalFoundries, is investing $3.9 billion in a new chip-making facility in the Midwest, reflecting the region's growing importance in semiconductor manufacturing. The investment aims to bolster domestic chip production capacity, addressing supply chain vulnerabilities and supporting the region's economic development. (WSJ)

• Taiwan Earthquake Tests Readiness of World’s Chip-Making Hub: A recent earthquake in Taiwan has put the resilience of the world's chip-making hub to the test, raising concerns about potential disruptions to global semiconductor supply chains. The earthquake highlights the importance of implementing robust contingency plans and diversifying semiconductor manufacturing locations to mitigate risks associated with natural disasters. (WSJ)

• Baltimore Bridge Collapse Triggers Extensive, Costly Logistics Diversions: The collapse of the bridge in Baltimore has caused extensive and costly logistics diversions, disrupting the flow of goods and increasing transportation expenses for businesses in the region. Companies are facing challenges in rerouting shipments and managing delays, underscoring the vulnerability of supply chains to infrastructure failures and the need for resilient logistics strategies. (WSJ)

• Exclusive | The Disarray Inside Boeing’s 737 Factory Before the Door Plug Blowout: Disarray at a Boeing factory resulted from a door plug blowout, affecting the production of aircraft and adding to the company's challenges. The incident underscores the importance of robust manufacturing processes and supply chain resilience in the aerospace industry. (WSJ)

• Flexport sues BCO for $12.3m of unpaid box detention charges - The Loadstar: Flexport has filed a lawsuit against a beneficial cargo owner (BCO) for $12.3 million in unpaid detention charges, highlighting the challenges and disputes that can arise in the logistics industry. This case underscores the importance of clear contractual agreements and effective communication between parties to avoid such disputes and maintain smooth operations. (Loadstar)

• The Man in Charge of Getting the Baltimore Port Back in Business: Jonathan Daniels' efforts to improve port operations in Baltimore, particularly focusing on the Francis Scott Key Bridge. Daniels' initiatives aim to enhance efficiency, reduce congestion, and optimize logistics operations, reflecting the ongoing challenges and innovations within the maritime industry. (WSJ)

Partner Spotlight: Corso

Core Supply Chain KPIs

Find more Logistics Industry News from our trusted partner, Laufer here

New Episode of Ecommerce On Tap

Key Takeaways You Can't Miss:

✨ From Finnish Roots to Global Sensation: Discover the blend of culture, education, and technology that ignited the creation of one of the most talked-about health devices in the world.

🚀 Breakthrough Moments: Learn how a Kickstarter goldmine set the stage for government funding and venture capital triumphs.

📈 Charting Success Amidst Trials: Despite facing profitability concerns and leadership changes, see how Oura leveraged its niche to claim a formidable spot in a tough industry.

What's On Tap This Week:

- The Path of Tech Titans: What can be learned from Oura's transition from a Finnish startup to high stakes in Silicon Valley.

- The Realm of Wearables: Insights into Oura's strategy shift from sleep tracker to holistic health platform.

- Future Gazing: Speculations on Oura's trajectory in a competitive landscape - an acquisition in sight or an IPO on the horizon?

Track Fulfillment Center Performance with Ease