In the QAD Precision News Round-Up: 24 July 2020, UK prepared for
“no deal”; US sanctions 11 Chinese companies; Marks & Spencer to
cut 950 jobs; UK grocery sales surge; Jeff Bezos earned $13 bn on
Monday; plus our 3 Minute Explainer on multi carrier shipping
software; and more industry news.
UK WANTS BREXIT FREE TRADE DEAL, BUT PREPARED FOR NO DEAL OUTCOME
British Transport Secretary Grant Shapps has stated that the UK wants
a Brexit free trade deal with the EU but is prepared for a no deal
scenario. The two sides have failed to make headway on a number of
issues. These include negotiations on EU access to UK fishing waters,
the governance of the deal, the European Court of Justice’s role and
“level playing field” guarantees for goods. This latest round of
negotiations took place in London. The lack of progress in critical
areas has created fear of a no-deal outcome. For more details, please
US IMPOSES SANCTIONS ON 11 CHINESE COMPANIES
The US is stopping Chinese companies from purchasing American
technology. This is in response to allegations that these companies
are associated with human rights violations in Xinjiang. The list of
companies compiled by the US Department of Commerce includes biotech
firms and those that manufacture consumer goods such as wigs and home
appliances. The US alleges that these companies use forced labor
involving Muslim-majority Uyghurs and other minority groups in the
Xinjiang region. Furthermore, according to the US State Department,
China has imprisoned approximately 2 million Uyghurs and other
minorities in so-called “re-education camps” since 2015. Chinese
officials, however, maintain that these measures have been undertaken
to tackle extremism in line with both national and international law.
For more information, please see CNN.
OVER 10% OF DPD’S UK FLEET NOW ELECTRIC
DPD has surpassed its own target for 10 percent of its UK van fleet
to be electric, zero emission vehicles by the end of 2020. The carrier
has achieved this target five months ahead of schedule. As a result,
DPD now has the UK’s largest and greenest delivery fleet. This year,
DPD has delivered approximately 5 million zero emissions parcels. This
represents a reduction of nearly 2 million kilograms of C02. The
delivery company estimates that it will deliver 10 million parcels on
its green fleet by the end of this year. For more information, please
AMAZON EXPANDS SCOUT DELIVERY BOT TO 2 MORE STATES
Amazon has announced that it is expanding its Scout automated
delivery robots to two additional cities. This is as a result of the
demand for contactless delivery during lockdown. Developed by in-house
engineers, Amazon will roll out the Scout delivery bots for testing
in Atlanta, Georgia and Franklin, Tennessee. The autonomous vehicles
can travel several miles a day across urban areas, and use cameras and
ultrasonic sensors to detect and avoid obstacles. For more
information, please see Charged Retail.
JEFF BEZOS BECOMES $13 BILLION RICHER IN ONE DAY
In more Amazon news, on Monday, Amazon founder Jeff Bezos became $13
billion (£10 billion) richer in one day after Amazon shares increased
by approximately 8 percent. According to Bloomberg, Mr. Bezos' fortune
grew by $74 billion (£58 billion) this year alone. Estimates put
current his wealth at $189.3 billion (£148 billion). In 2020, Amazon
shares spiked more than 70 percent as the company benefits from a
surge in online shopping due to the coronavirus lockdown. For more
details, please see Sky News.
MARKS & SPENCERS TO CUT 950 JOBS
Marks & Spencers has become the latest UK high street retailer
hit by the coronavirus pandemic as it announced the loss of 950 jobs
at its head office and stores. The latest job losses follows cuts
relating to the shutdown of 54 stores in the past year. The
announcement of approximately 70 more closures will affect hundreds of
more jobs. This month, the British high street has announced thousands
of job losses with John Lewis and Boots reporting 1,300 and 4,000 jobs
losses respectively. Other famous high street fashion retailers
announcing layoffs include Topshop owner, Arcadia; menswear retailer
TM Lewin; and Ted Baker. For more details, please see The Guardian.
UK GROCERY STORES SEE SHARP INCREASE
While high street fashion retailers are struggling, UK food retailers
are seeing a boom. The sale of alcohol, tea and coffee in UK
supermarkets and corner shops has increased amid the coronavirus
lockdown. In the past month, the value of beer, wine and spirits sold
via grocers increased 41 percent. Consumers continue to eat and drink
at home, despite the reopening of pubs in England on July 4.
Additionally, tea and coffee sales through grocery stores were up £24
million in the past month. For more information, please see The Guardian.
QAD Precision News
3 MINUTE EXPLAINER: WHAT IS MULTI CARRIER SHIPPING SOFTWARE?
In our new 3 Minute Explainer series we undertake to explain best
practices, solutions or functionality in no more than 3 minutes. This
week we are tackling the — often misunderstood — multi carrier
As the name suggests, multi carrier shipping means using more than
one carrier to deliver parcels. Multi carrier shipping software allows
Automatically switch between carriers
Compare rates, routes and transit times
Select the best carrier and service level for your needs
Automatically generate carrier compliant shipping labels, the
manifest and all necessary shipping documents
Track shipments from pick-up through to delivery
If you use one carrier for domestic shipments and another carrier for
international deliveries, that’s not multi carrier shipping.
To read the rest of the 3 Minute Explainer, please click here.