30 Years with the World’s Largest Retailer (Part 1) | Chris Sultemeier

Chris Sultemeier (former EVP, Logistics @ Walmart) shares what he learned from executing, managing, and eventually leading the transportation and logistics activities of the world's largest retailer for almost 30 years. In Part 1, the Chris duo talks about sustainability, IoT, and the driver shortage. This week's market update is presented by Inam and Chris.

10:04 — Chris S. mentions an interesting article about Trucks & IoT. In case you're interested, here's the link: https://www.wsj.com/articles/trucks-shift-into-higher-gear-with-new-technology-1532527764.

24:48 — Here’s a summary of the different rate types discussed in the market update:

Active: Contract rates that are regularly used in the routing guides

Spot: One-off rates from spot moves

Replacement: The difference between the new contract rates entering the routing guide and the older rate being replaced