Workers more cautious as coronavirus effects fluctuate
Most Americans remain concerned about returning to work amidst the Covid-19 pandemic—and they want employers to be vigilant about sanitizing workplaces and social distancing.
Most U.S. consumers remain unsettled about the economy and cautious about returning to the workplace amid the lingering coronavirus pandemic, according to a survey by IBM’s Institute for Business Value, released earlier this week. The ongoing survey polled 7,000 Americans in July and found that most were more concerned about health, safety, and the economy than they were in June—and that shifting attitudes are leading to permanent changes in the way people live and work.
“... consumer attitudes continue to shift as the effects of the virus fluctuate around the country, and consumers are preparing themselves for more permanent changes in behavior,” Jesus Mantas, senior managing partner, IBM Services, said in a statement announcing the survey results. “These new behaviors define the new preferences that business leaders need to be able to deliver to meet consumers where they are. This is no longer a question of competitive advantage, it’s a matter of business survival.”
The July survey found that Covid-19 has made most Americans more concerned about their health and safety in general—72% said they are concerned about those issues, compared to 68% who said so in June. The survey also found that most are concerned about a “second wave” of Covid-19 later this year—again, 72% said so in July, compared to 65% in June. What’s more, 66% said they expect to see more global pandemic-like events in the future, compared with 60% who felt that way in June.
The result is a population that is increasingly comfortable working remotely and that expects clearly communicated safety protocols to be in place when they do return to the workplace. Employment-related results showed that:
84% of respondents said that when they can return to work, they would still like to work remotely at least occasionally, up 3% from what they said in June.
A growing majority also said they want employers to take “clear and active measures” to protect them from exposure to the virus when they return to the workplace, while also providing flexibility to help “ensure mental health and well-being.”
63% said there needs to be clear communication from employers about what is being done to sanitize the workplace (up from 54% in June), and 58% said employers should maintain social distancing protocols in the workplace (up from 49% in June).
41% said they feel strongly that their employer should provide special accommodations for individuals to address childcare needs—up 6 percentage points from June.
Other survey results point to an increasingly cautious American public nearly five months into the pandemic: 35% of respondents said they don’t plan on going to shopping centers or malls this year (compared to 27% in June); 66% said they would not visit an amusement park (up from 59% in June); and 64% said they won’t attend a live sporting event this year, up from 55% in June. There was a slight increase in dining out, however: 27% of respondents said they had already visited restaurants and bars in July, up from 21% in June.
In addition, just 13% of consumers said they think the economy will bounce back to where it was prior to Covid-19, down 3% from June.
The IBV said it has surveyed more than 54,000 U.S. consumers since April and plans to continue polling the public on these topics and more in the months ahead.
Terms of the deal were not disclosed. But Florida-based Jabil bought the firm as it said that liquid cooling has emerged as a more energy-efficient alternative to air cooling for applications in the continued adoption of artificial intelligence, energy storage, and electric vehicles.
Those products drive higher-power density systems across both consumer and commercial industries, forcing producers to seek new ways to manage the intense thermal requirements of their current and next-generation products, while keeping sustainability and cost considerations top of mind.
“We are thrilled to welcome Mikros Technologies to the Jabil team,” Ed Bailey, Jabil’s senior vice president and CTO, said in a release. “The thermal management capabilities they bring will allow Jabil to extend the range of services we provide to cloud service providers, hardware OEMs, and liquid cooling solutions providers. In addition to the data center ecosystem, we see significant opportunities in other end-markets that require thermal management, including automated test equipment for semiconductors, batteries, energy storage systems, and electric vehicles.”
According to Mikros Technologies, its microchannel liquid cooling solutions address complex thermal management challenges by using microchannel cold plate designs to cool over one kilowatt per square centimeter. Those technologies and capabilities will complement Jabil’s portfolio of data center lifecycle solutions, semiconductor test equipment solutions, and energy and transportation solutions, Mikros said.
Dockworkers at dozens of U.S. East and Gulf coast ports are returning to work tonight, ending a three-day strike that had paralyzed the flow of around 50% of all imports and exports in the United States during ocean peak season.
The two groups “have reached a tentative agreement on wages and have agreed to extend the Master Contract until January 15, 2025 to return to the bargaining table to negotiate all other outstanding issues. Effective immediately, all current job actions will cease and all work covered by the Master Contract will resume,” the joint statement said.
Talks had broken down over the union’s twin demands for both pay hikes and a halt to increased automation in freight handling. After the previous contract expired at midnight on September 30, workers made good on their pledge to strike, and all activity screeched to a halt on Tuesday, Wednesday, and Thursday this week.
Business groups immediately sang the praises of the deal, while also sounding a note of caution that more work remains.
The National Retail Federation (NRF) cheered the short-term contract extension, even as it urged the groups to forge a longer-lasting pact. “The decision to end the current strike and allow the East and Gulf coast ports to reopen is good news for the nation’s economy,” NRF President and CEO Matthew Shay said in a release. “It is critically important that the International Longshoremen’s Association and United States Maritime Alliance work diligently and in good faith to reach a fair, final agreement before the extension expires. The sooner they reach a deal, the better for all American families.”
Likewise, the Retail Industry Leaders Association (RILA) said it was relieved to see positive progress, but that a final deal wasn’t yet complete. “Without the specter of disruption looming, the U.S. economy can continue on its path for growth and retailers can focus on delivering for consumers. We encourage both parties to stay at the negotiating table until a final deal is reached that provides retailers and consumers full certainty that the East and Gulf Coast ports are reliable gateways for the flow of commerce.”
And the National Association of Manufacturers (NAM) commended the parties for coming together while also cautioning them to avoid future disruptions by using this time to reach “a fair and lasting agreement,” NAM President and CEO Jay Timmons said in an email. “Manufacturers are encouraged that cooler heads have prevailed and the ports will reopen. By resuming work and keeping our ports operational, they have shown a commitment to listening to the concerns of manufacturers and other industries that rely on the efficient movement of goods through these critical gateways,” Timmons said. “This decision avoids the need for government intervention and invoking the Taft-Hartley Act, and it is a victory for all parties involved—preserving jobs, safeguarding supply chains, and preventing further economic disruptions.”
Supply chain planning (SCP) leaders working on transformation efforts are focused on two major high-impact technology trends, including composite AI and supply chain data governance, according to a study from Gartner, Inc.
"SCP leaders are in the process of developing transformation roadmaps that will prioritize delivering on advanced decision intelligence and automated decision making," Eva Dawkins, Director Analyst in Gartner’s Supply Chain practice, said in a release. "Composite AI, which is the combined application of different AI techniques to improve learning efficiency, will drive the optimization and automation of many planning activities at scale, while supply chain data governance is the foundational key for digital transformation.”
Their pursuit of those roadmaps is often complicated by frequent disruptions and the rapid pace of technological innovation. But Gartner says those leaders can accelerate the realized value of technology investments by facilitating a shift from IT-led to business-led digital leadership, with SCP leaders taking ownership of multidisciplinary teams to advance business operations, channels and products.
“A sound data governance strategy supports advanced technologies, such as composite AI, while also facilitating collaboration throughout the supply chain technology ecosystem,” said Dawkins. “Without attention to data governance, SCP leaders will likely struggle to achieve their expected ROI on key technology investments.”
The British logistics robot vendor Dexory this week said it has raised $80 million in venture funding to support an expansion of its artificial intelligence (AI) powered features, grow its global team, and accelerate the deployment of its autonomous robots.
A “significant focus” continues to be on expanding across the U.S. market, where Dexory is live with customers in seven states and last month opened a U.S. headquarters in Nashville. The Series B will also enhance development and production facilities at its UK headquarters, the firm said.
The “series B” funding round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic, and several angels from the logistics industry. With the close of the round, Dexory has now raised $120 million over the past three years.
Dexory says its product, DexoryView, provides real-time visibility across warehouses of any size through its autonomous mobile robots and AI. The rolling bots use sensor and image data and continuous data collection to perform rapid warehouse scans and create digital twins of warehouse spaces, allowing for optimized performance and future scenario simulations.
Originally announced in September, the move will allow Deutsche Bahn to “fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe,” Werner Gatzer, Chairman of the DB Supervisory Board, said in a release.
For its purchase price, DSV gains an organization with around 72,700 employees at over 1,850 locations. The new owner says it plans to investment around one billion euros in coming years to promote additional growth in German operations. Together, DSV and Schenker will have a combined workforce of approximately 147,000 employees in more than 90 countries, earning pro forma revenue of approximately $43.3 billion (based on 2023 numbers), DSV said.
After removing that unit, Deutsche Bahn retains its core business called the “Systemverbund Bahn,” which includes passenger transport activities in Germany, rail freight activities, operational service units, and railroad infrastructure companies. The DB Group, headquartered in Berlin, employs around 340,000 people.
“We have set clear goals to structurally modernize Deutsche Bahn in the areas of infrastructure, operations and profitability and focus on the core business. The proceeds from the sale will significantly reduce DB’s debt and thus make an important contribution to the financial stability of the DB Group. At the same time, DB Schenker will gain a strong strategic owner in DSV,” Deutsche Bahn CEO Richard Lutz said in a release.