Inbound Logistics | February 2023

BITE SIZED SUPPLY CHAIN/LOGISTICS INFORMATION Info SNACKS

NEARLY 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption. 90% say their shipping, storage, and other logistics costs remain well above early 2020’s pre-pandemic levels. 53% say their companies have committed to net-zero emissions. 6.1% say their businesses have achieved net-zero. 55% say they will be more aggressive in emerging markets expansion and investing or leave their existing plans untouched despite recession fears. –2023 Agility Emerging Markets Logistics Index

PYKA’S PEAK Autonomous electric planemaker Pyka has developed the world’s largest zero-emission freighter. The aircraft, known as Pelican Cargo , is pilotless, has a nose-loading door like the Boeing 747, can fly up to 200 miles, and can carry up to 400 pounds. “We want to deliver cargo between two areas that have relatively poor infrastructure,” says company founder and CEO Michael Norcia. “We’re looking for a way to do that affordably so they can run daily deliveries between places that historically only get service maybe once a week.”

NEW CARGO DRONE SMALL BUT MIGHTY Bay Area company MightyFly is testing a bottleneck-busting autonomous cargo drone that can carry up to 96 small USPS packages in its internal cargo bay. The Cento is smaller than two compact cars, so it needs nothing more than two parking spaces for takeoff, landing, and automatic unloading. Users won’t even need to open up the drone; it deploys an autonomous conveyor belt from its cargo bay, so packages can be picked up and dropped off easily. TOP 10 SUPPLY CHAIN DISRUPTIONS (2022)

NO HIGH SCHOOL DEGREE? NO PROBLEM A February 2023 report from TradingPedia identifies the best jobs that do not require a college degree. • The most promising profession for those who have only a high school diploma (or equivalent) is flight attendant. They will be in high demand in the coming years — 5,700 new jobs will be added and those employed are expected to receive at least $62,280 per year. • Other great professions for those who have never stepped inside a college are lodging and gambling managers. These positions are projected to grow by a minimum of 17% over the next 7 years and the average wage is $67,770 and $89,190, respectively. • Hearing aid specialists and industrial machinery mechanics also have huge potential in the coming years with projected growth in employment of at least 14% and an annual wage of $58,000+.

1. Factory fire 2. Mergers

6. Labor disruption 7. Legal action 8. Cyber attack 9. Recall 10. Port disruption

& acquisitions 3. Business sale 4. Leadership transition 5. Factory disruption

Supply chain disruptions were up 32% year- over-year, with an overwhelming majority (91%) being human-caused, according to Resilinc’s EventWatchAI monitoring database.

February 2023 • Inbound Logistics 1

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