Skip to content
Search AI Powered

Latest Stories

AIT Worldwide Logistics says it will reach net-zero carbon emissions by 2035

Transportation provider is latest logistics firm to sign The Climate Pledge.

AITworldwide Screen Shot 2022-12-30 at 2.12.32 PM.png

The transportation and freight provider AIT Worldwide Logistics has signed a commitment to reach net-zero carbon emissions by 2040—a decade ahead of the Paris Agreement’s goal of 2050—and said it plans to reach the goal five years early, the company said on Wednesday.

Illinois-based AIT announced it had signed The Climate Pledge, a pollution-cutting plan co-founded by mega-retailer Amazon and climate activism group Global Optimism that has now been signed by nearly 400 companies across 34 countries.


Other supply chain service providers that have also signed the deal include the cold storage giant Lineage Logistics, logistics solutions provider Omni Logistics, and transportation tech firm Flock Freight

As a signatory to the plan, AIT agrees to measure and report greenhouse gas emissions on a regular basis and to implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies. The company also agrees to neutralize any remaining emissions with offsets to achieve net-zero annual carbon emissions.

In addition to those steps, the company said it aims to meet the goal by 2035, five years ahead of the stated deadline. It will do that by following its own environmental sustainability initiatives, developed in alignment with the United Nations' Sustainable Development Goals. Those initiatives include overseeing AIT’s own emissions, waste, and energy management processes and programs, including a companywide commitment to recycling and paper reduction. Additionally, AIT uses its transportation management system to track and measure carbon dioxide emissions down to the shipment level.

“AIT is proud to reinforce our commitment to sustainability and join a community that will share knowledge, ideas, and best practices to combat climate change,” AIT Executive Vice President and CIO, Ray Fennelly, said in a release. “As a signatory of The Climate Pledge, we look forward to taking collective action to achieve net-zero carbon emissions by 2035, five years ahead of the pledge’s 2040 target. This goal not only aligns with our core values but will also create a better planet for our teammates, customers, partners, and the communities where we live and work—for generations to come.”

 

 

Recent

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less

CSCMP EDGE keynote sampler: best practices, stories of inspiration

With six keynote and more than 100 educational sessions, CSCMP EDGE 2024 offered a wealth of content. Here are highlights from just some of the presentations.

A great American story

Keep ReadingShow less