Afternoon Coffee: Direct-to-Consumer Businesses Disrupting Supply Chains, Maersk Buys into Loadsmart

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Technology is a big disruptor, but so is the long-standing effort to cut out the middleman. The direct-to-consumer trend is shifting the supply chain in key ways, and Supply Chain Dive looks at the effects of four trending areas of the businesses: direct from factories, direct from farms, direct from ranches — and direct from wineries.

Maersk Onboard With Loadsmart

Shipping giant Maersk is investing in the startup Loadsmart, a freight-booking service for the trucking industry, The Wall Street Journal reported. Maersk is looking to diversify into other areas besides shipping, and Loadsmart hopes to reach more customers with its trucking technology, the Journal reports.

Hurricane Michael Grows, Targets Southeast

Hurricane Michael on Tuesday churned just short of a Category 3 hurricane in the Gulf of Mexico as it targets Florida’s Panhandle, the Washington Post reported. It’s expected to make landfall Wednesday. In the hours afterward, its wind and rain could affect southern Georgia and southeast Alabama before moving into the Carolinas, where some areas are still recovering from Hurricane Florence, the Post reported.

IMF Is Glum on Global Economy

And finally, an economic update: The International Monetary Fund issued a cautious forecast that nations’ growth policies and the rise of populism around the world put the global economy in a precarious position, the Financial Times reported. The fund said the world is in an environment “where financial conditions could tighten suddenly and sharply.”

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