A new-to-market transportation and logistics firm is taking a big chunk out of a recently built East Valley industrial park. Michigan-based Supply Chain Solutions has signed a 156,751-square-foot lease at Sight Logistics Park in Tempe. Developer ViaWest Group broke ground in October 2022 on the two-building park totaling 356,904 square feet. The park, located at… Continue reading Supply Chain Solutions inks big lease at new-look Tempe industrial park
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Nikola’s Rollout of Hydrogen Trucks Is Hitting Supply-Chain Hurdles
The company says supplier deliveries have been slow, pushing the manufacturer to spend more on airfreight Supply-chain shortages are slowing the rollout of Nikola’s hydrogen-powered big rigs. Steve Girsky, Nikola’s chief executive, says a shortage of pressurized fuel tanks and electric batteries is delaying production of the newest zero-emission technology for truckers. The hangups are… Continue reading Nikola’s Rollout of Hydrogen Trucks Is Hitting Supply-Chain Hurdles
Report: An Uncertain Economy Weighs on Embedded Finance Innovation for Marketplaces
Logistics and wholesale trade businesses exhibit robust demand for embedded finance innovations. For example, most payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are very or extremely interested in digital wallet innovations.50%: Share of PayFacs naming operational enhancements as their top innovation priority Many players in this sector prioritize operational improvements, such as faster… Continue reading Report: An Uncertain Economy Weighs on Embedded Finance Innovation for Marketplaces