BITE SIZED SUPPLY CHAIN/LOGISTICS INFORMATION Info SNACKS
A NEW PRIME NUMBER Amazon MGM Studios will now oversee the James Bond franchise after longtime producers Michael G. Wilson and Barbara Broccoli announced a new joint venture. While Wilson and Broccoli remain co-owners, they are stepping back from producing future films. This marks a major shift, as Eon Productions had previously controlled all Bond films since 1962. Amazon’s involvement signals a new direction for the franchise, though no updates have been shared on the upcoming 26th film.
DRIVEN TO THE BRINK The driver shortage and retention challenges intensified in 2024, with company driver job postings surging by 63.5% between April and December. High turnover remained costly, with the loss of a single driver estimated at $12,799 , making retention a top priority. Compensation concerns were a major factor, as 60% of drivers who complained about pay cited a “lack of miles,” and 82% of job seekers sought predictable earnings . –Conversion Interactive Agency and People. Data. Analytics. 2024 Snapshot
A record $222 BILLION –Amount Americans spent shopping online during the 2024 holiday season (4.9% increase from the previous year). A record $12.4 BILLION –Online sales on Cyber Monday alone.
Deep discounts and Buy Now/Pay Later options drove the spending surge.
– Adobe Analytics
CENTS AND SENSIBILITY President Trump says he will order the U.S. Treasury to stop minting pennies to cut wasteful spending, as each penny costs 3.7 cents to produce, resulting in a $85.3 million loss in 2024. This decision could lead to job cuts at Artazn LLC, the sole U.S. manufacturer of penny blanks. For consumers, eliminating the penny may streamline cash transactions by rounding prices to the nearest nickel. However, it could also lead to subtle price increases, disproportionately aecting lower-income shoppers who rely on exact change.
THE GREAT ESCAPE U.S. migration trends are shifting as economic pressures drive people toward more aordable, less densely populated regions. Gaining popularity: The Southeast, as urban residents seek relief from rising costs. West Virginia leads in inbound migration while New Jersey tops the outbound list for the seventh consecutive year. Top motivation for interstate moves: Family ties, with states like Delaware seeing increased interest from retirees. This migration shift highlights Americans’ search for a balance between financial stability and quality of life in less- expensive areas. –United Van Lines’ National Movers Study
March 2025 • Inbound Logistics 1
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