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Above the Fold: Supply Chain Logistics News (January 17, 2025) [Video]

I’m attending a funeral later this morning for a family friend. He died unexpectedly last week. His wife came home from having dinner with friends and found him unresponsive in bed. Based on family history, he likely suffered a heart attack. He was 64 years old and had retired less than 2 years ago.

Earlier this month, I read a post on X by an executive in the transportation industry who proudly shared that he works 91 hours per week on average (sometimes up to 109 hours), watches TV with his wife while working on his laptop with his headphones on, and that “financial success” is how he keeps score in life.

To each their own, I suppose, but it was the saddest thing I have read in a while. 

There’s nothing else to say.

Moving on, here’s the supply chain and logistics news that caught my attention this week:

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Bank of Albuquerque outage restored [Video]
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Home Based Business

Bank of Albuquerque outage restored [Video]

Bank of Albuquerque customers can once again use online services. The bank says it experienced a significant outage involving a service provider. It started sometime Wednesday, Jan. 15.The service provider also impacted 26 other banks, according to a spokesperson with BOK Financial. Follow us on social: Facebook | X/Twitter | Instagram | YouTubeLate Thursday night Bank of Albuquerque posted this statement on its website:"Our digital banking platforms are back online after an outage at our service provider. Deposits, payments, and transactions may be delayed or incorrectly reflected but will continue to update as today's transactions are processed. Thank you for your patience as we work through remaining issues. For assistance, please contact ExpressBank."BOK Financial also offered this message to clients regarding to outage:"We understand how frustrated you are and apologize for the significant delay as we wait for the system to come back online. This is a system issue outside of our control but please be assured our team is working diligently with our vendor to get it back online. We know it is stressful to not have access to your account or debit card and sincerely regret the inconvenience it has caused. We will post an update as soon as we have one."Stay updated on the latest news with the KOAT app. You can download it here.

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