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Today’s Pickup: J.B. Hunt, University of Arkansas to create supply-chain Innovation Center

Moving product through the supply chain is sometimes a maze of complex movements requiring multiple people, technologies and vehicles. 

Good morning.

J.B. Hunt is investing $2.75 million in the University of Arkansas for creation of the J.B. Hunt Innovation Center of Excellence. The center, a joint effort with the College of Engineering and the Sam. M. Walton College of Business, will allow students to work with J.B. Hunt employees to solve real-word problems through innovative design and tech-driven supply-chain solutions.

Inbound Logistics spoke with Tracy Black, senior vice president of information technology at J.B. Hunt, about the efforts. “As our industry evolves, customers need more intelligent supply chain solutions to meet market demand,” Simpson told the publication. “This collaboration is an investment in the future of J.B. Hunt and our ability to deliver customer value.”

Did you know?

The International Transport Forum says up to 70% of all trucking jobs in the U.S. and Europe could be eliminated by self-driving trucks by the year 2030.

Quotable:

“The J.B. Hunt Innovation Center of Excellence will allow us to pursue revolutionary ideas in supply chain technology that can have a game-changing impact on the industry. The innovative ideas that will shape our industry’s future are with the students of today.”

Stuart Scott, CIO, J.B. Hunt

In other news:

Consumer spending, incomes rise

The latest government data suggests that consumer spending in April rose 0.4% and incomes by the same amount, following a lower-than-expected first quarter. The uptick has boosted the outlook for greater growth in the second quarter. (CFO)

Cleaner delivery

A new University of Washington study has looked at delivery methods of trucks vs. drones to determine which has the smallest carbon footprint. Trucks, it turns out, are quite competitive.  (Geekwire)

Preventing ransomware attacks

The recent ransomware attack that held computers across the globe hostage under ransoms were paid shows that all companies today are vulnerable to cyberattack. Supply Chain Brain has published some tips on how to keep your computers safe. (Supply Chain Brain)


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Brian Straight

Brian Straight covers general transportation news and leads the editorial team as Managing Editor. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and Little League baseball, and for more than 10 years has covered trucking and logistics. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and fleetowner.com. Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler.
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