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Toyota makes a "treemendous" donation

Forklift manufacturer donates 57,000 trees to national and local parks.

Plenty of companies are "going green," but few take that mandate as literally as Toyota Material Handling U.S.A. (TMHU) has. The lifttruck manufacturer is donating one living tree for every lift truck the company sold in the United States in 2008 and for every 8Series truck sold in 2007. That works out to 57,000 trees to be planted at national forests and local parks through the manufacturer's alliance with the Arbor Day Foundation. TMHU's employees will help to plant some of the trees at locations around the country.

That's just the latest chapter in Toyota's fouryearold environmental initiative. The company has also been researching and developing alternative fuels for material handling equipment and introduced an innovative hybrid concept lift truck at January's ProMat exhibition.

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Gartner: companies must design “geopolitically elastic” supply chains

Chief supply chain officers (CSCOs) must proactively embrace a geopolitically elastic supply chain strategy to support their organizations’ growth objectives, according to a report from analyst group Gartner Inc.

An elastic supply chain capability, which can expand or contract supply in response to geopolitical risks, provides supply chain organizations with greater flexibility and efficacy than operating from a single geopolitical bloc, the report said.

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Air cargo carriers enjoy 24% rise in average spot rates

The global air cargo market’s hot summer of double-digit demand growth continued in August with average spot rates showing their largest year-on-year jump with a 24% increase, according to the latest weekly analysis by Xeneta.

Xeneta cited two reasons to explain the increase. First, Global average air cargo spot rates reached $2.68 per kg in August due to continuing supply and demand imbalance. That came as August's global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%.

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Seegrid lands $50 million backing for autonomous lift trucks

Seegrid Corp., which makes autonomous mobile robots (AMRs) for pallet material handling, has landed $50 million in new financial backing to accelerate its autonomous lift truck initiatives, which are generating more growth than expected, the company said today.

“Unrelenting labor shortages and wage inflation, accompanied by increasing consumer demand, are driving rapid market adoption of autonomous technologies in manufacturing, warehousing, and logistics,” Seegrid CEO and President Joe Pajer said in a release. “This is particularly true in the area of palletized material flows; areas that are addressed by Seegrid’s autonomous tow tractors and lift trucks. This segment of the market is just now ‘coming into its own,’ and Seegrid is a clear leader.”

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Congressional gridlock and election outcomes complicate search for labor

Worker shortages remain a persistent challenge for U.S. employers, even as labor force participation for prime-age workers continues to increase, according to an industry report from labor law firm Littler Mendelson P.C.

The report cites data showing that there are approximately 1.7 million workers missing from the post-pandemic workforce and that 38% of small firms are unable to fill open positions. At the same time, the “skills gap” in the workforce is accelerating as automation and AI create significant shifts in how work is performed.

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Toyota picks vendor to control smokestack emissions from its ro-ro ships

Stax Engineering, the venture-backed startup that provides smokestack emissions reduction services for maritime ships, will service all vessels from Toyota Motor North America Inc. visiting the Toyota Berth at the Port of Long Beach, according to a new five-year deal announced today.

Beginning in 2025 to coincide with new California Air Resources Board (CARB) standards, STAX will become the first and only emissions control provider to service roll-on/roll-off (ro-ros) vessels in the state of California, the company said.

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