{"id":17545,"date":"2021-08-30T09:04:43","date_gmt":"2021-08-30T09:04:43","guid":{"rendered":"https:\/\/www.odysseylogistics.com\/?p=17545"},"modified":"2024-01-24T22:45:17","modified_gmt":"2024-01-24T22:45:17","slug":"measuring-the-impact-of-sustainability","status":"publish","type":"blog","link":"https:\/\/www.odysseylogistics.com\/blog\/measuring-the-impact-of-sustainability\/","title":{"rendered":"Measuring the impact of sustainability on logistics & transportation"},"content":{"rendered":"\t\t
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Consumer demand for sustainable practices is on the rise and the supply chain is at the center of many of these conversations. \u201cThe expectations of stakeholder groups for a supply chain sustainability strategy have transformed in the last 10 years, with increased demands for transparency and action,\u201d Gartner states in\u00a03 Sustainability Trends Shaping Supply Chains in 2021<\/a>.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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According to\u00a0GreenBiz<\/a>, the business case for supply chain sustainability is growing. \u201cBy managing and improving environmental, social and economic performance throughout supply chains,\u201d it says, \u201ccompanies can conserve resources, optimize processes, uncover product innovations, save costs, increase productivity and promote corporate values.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Despite the economic and pandemic-related challenges of the past year-and-a-half, organizational commitment to sustainability remains strong. According to the MIT Center for Transportation and Logistics and the Council of Supply Chain Management Professionals (CSCMP), most companies were undeterred in their efforts to create sustainable supply chains over the past year and that, for many, the COVID-19 crisis either accelerated their efforts or helped raise awareness of the importance of sustainable business practices,\u00a0CSCMP\u2019s Supply Chain Quarterly<\/a>\u00a0reports.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Freight Matters to Sustainability<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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According to the EPA, GHG emissions from transportation account for about 29 percent of total U.S. greenhouse gas emissions, making it the largest contributor of U.S. GHG emissions. Between 1990 and 2019, GHG emissions in the transportation sector increased more in absolute terms than any other sector. Cars, trucks, commercial aircraft, and railroads, among other sources, all contribute to transportation end-use sector emissions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The EPA projects that by 2025, as international commerce increases and supply chains become more global and complex, shipments of U.S. goods will grow another 23.5%.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cAs freight activity in the US increases, projections are that during this same time frame, growth in air emissions from freight will exceed growth in emissions from all other transportation activities,\u201d the EPA adds, \u201cincluding passenger transportation.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Governments Get On Board with Sustainability<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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If it\u2019s passed into the law, the $1 trillion Infrastructure Investment and Jobs Act (IIJA) will greatly impact the nation\u2019s infrastructure with its $113.3 billion in advance general fund appropriations for various forms of infrastructure\u2014including transport\u2014\u201cabove and beyond\u201d authorization and funding from trust funds,\u00a0Logistics Management<\/a>\u00a0reports.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The deal provides about $567 billion in new federal money for roads, bridges, rail lines, transit projects, water systems and other physical infrastructure programs. It also includes funding for freight formula and Infrastructure for Rebuilding America (INFRA) programs; increases the amount of multimodal eligible funding; $6.42 billion for a Formula Carbon Reduction Program, which establishes a new carbon reduction program to reduce transportation emissions; $250 million for reducing truck emissions at ports; and a pilot program on a gas tax alternative that would charge users based on vehicle miles traveled (among other projects).\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cThere\u2019s money to rebuild roads and bridges, and also to shore up coastlines against climate change, protect public utility systems from cyberattacks and modernize the electric grid. Public transit gets a boost, as do airports and freight rail,\u201d\u00a0Transport Topics<\/a>\u00a0notes. \u201cMost lead drinking water pipes in America could be replaced.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Creating New Paths for Sustainability in Logistics<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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With the\u00a0Cloverleaf\u2122 Sustainability Program<\/a>, Odyssey Logistics is changing how supply chains impact the environment \u2014 and finding smart, new paths for sustainability and economic growth to work together for all stakeholders, including customers, carrier partners, consumers, investors and colleagues.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Cloverleaf is a science-based program and in the years Odyssey spent developing this program, it recognized how electrification, artificial intelligence (AI), analytics, IoT connectivity, alternative fuels and other emerging technologies can be applied in ways that measurably move us towards a carbon-neutral world.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Odyssey<\/a>\u00a0is heavily invested in the technologies behind Cloverleaf and actively participates in the SmartWay Program (USA), Green Freight (Europe) and other government-sponsored initiatives. \u201cWe recognize that sustainability is a global challenge that requires global collaboration,\u201d says\u00a0Bob Shellmen, President & CEO Odyssey Logistics, \u201cand we apply our best thinking and most advanced technologies to every market we serve.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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To learn more about how Odyssey\u2019s sustainability programs, click\u00a0here<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Consumer demand for sustainable practices is on the rise and the supply chain is at the center of many of these conversations. \u201cThe expectations of stakeholder groups for a supply chain sustainability strategy have transformed in the last 10 years, with increased demands for transparency and action,\u201d Gartner states in 3 Sustainability Trends Shaping Supply Chains in 2021. <\/p>\n","protected":false},"author":8,"featured_media":22294,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"blog_category":[74,66],"class_list":["post-17545","blog","type-blog","status-publish","has-post-thumbnail","hentry","blog_category-industry-trends","blog_category-sustainability"],"acf":[],"yoast_head":"\nMeasuring the Impact of Sustainability on Logistics - Odyssey Logistics<\/title>\n<meta name=\"description\" content=\"Measuring the impact of sustainability on logistics and transportation due to consumer demand for sustainable practices on the rise.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.odysseylogistics.com\/blog\/measuring-the-impact-of-sustainability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Measuring the Impact of Sustainability on Logistics - 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