Online growth, higher inventory levels are trends that will likely last, Moghadam says.
El espacio en sus mercados se `ha vendido y agotado
efectivamente,’ dice el Director General
News comes days before LaserShip’s private equity parent to announce $1.3 billion purchase of fellow regional delivery firm OnTrac.
With business booming, the logistics warehouse titan reports better-than-expected results and raises full-year estimates.
Does private equity see a future in a nationwide parcel network stitched together with regional players? The LaserShip-OnTrac deal may be the first step.
The former Keurig Dr. Pepper executive reports to Joe Metzger, chief supply chain officer.
The IT maven segues into an operations-driven role while keeping the CIO job.
The company moves its commitment times to noon from 10:30 a.m., effective Oct. 18.
Some argue that Amazon lacks the integrated network to pull it off. But betting against the company has generally been a losing proposition.
The longtime IT executive assumes the role immediately in an “acting” capacity. The move is seen as extremely unusual because tech execs are not viewed as being operations-savvy LTL bosses.
The German titan reports solid performances from its Express, Forwarding, Supply Chain and eCommerce units
An analyst surmises that Amazon was the other part of the love triangle.
Marken will add global locations as clinical trials activity ramps up.
AirTerra’s founder looks to connect regional parcel carriers and offer options to SMB retailers. AEO looks to offer logistics as a service to competitors.
Company takes no chances in keeping supply chain problems away from holiday deliveries.
FedEx is paying customers that utilize their own equipment, a consultant says.
The company faces an optics challenge as many question the motive behind rate increases.
The company didn’t blindside anyone. But it didn’t please that many, either.
Noncontract prices will climb by 5.9% for FedEx’s Express, Ground and Freight services.
The past 20 years were the most pivotal in the history of U.S. air cargo security. The next 20 are likely to be just as crucial.
The company said it will make many job offers within 30 minutes of receiving an application.
E-commerce giant Alibaba unveils dropshipping, delivery tools for U.S. small businesses looking to grow their digital sales.
Most of the levies will fall within the range of 20 cents to 29 cents per package.
Both candidates said that organizing Amazon is a top priority, noting that Amazon and UPS workers’ futures are at stake.
ShipMatrix’s forecast projects less of an imbalance than the 2020 peak.
Expedited-delivery surcharge to be imposed on top of basic delivery fee.
The carpeting and flooring giant plans to manufacture more domestically iin the wake of the pandemic.
Sudden end to inbound deliveries in Albany will force shippers to seek alternatives.
Logistics technology solutions have never been in greater demand. But companies need to leverage new-age tools and modern-day attitudes to effectively tell their stories, says the founder of Virago Marketing.
Spike in parcel delivery demand is lifting the good ship S.S. Consultant to new heights
New customers will need to onboard by that date to get holiday delivery services.
Low vacancy rate amid surges in development is unprecedented for the market
Double-digit surcharge hikes might be minimized or avoided if customers can adjust their shipping timetables.
The company also imposes sweeping levies on former postal business that’s been brought in-house; a separate 60-cents-per-package residential fee kicks in Jan. 17 with no end date.
According to a Newmark Group study of high unemployment levels among warehouse labor, many workers left the industry and have stayed gone.
The levies to hit hardest on heavier parcels going longer distances.
Perishable Shipping Solutions CEO Mark Nelson said online demand for specialty perishables never leveled off from the start of the pandemic, and the growth has barely scratched the surface.
The company’s disaster relief guru explains how its new program could change the way the logistics industry responds to disasters.
The trucks are to be delivered later this year and in early 2022.
The always-contentious UPS-Teamsters negotiations could hit new levels of enmity should Sean O’Brien be elected Teamsters president.
The midsize truckload carrier needs to boost hiring by more than 10% but won’t compromise standards to do it.
The company says it is on track to hit record earnings this year.
Yellow says it is making progress toward its unified transport network strategy.
The acquisition of Hanson Logistics gives Lineage its first-ever facility in Michigan and expands its foothold in Indiana.
Carriers have held back on physical plant investments. Now with volumes and profits escalating, CapEx levers may start to be pulled.
The company’s earnings per share tripled the prior-year results due to strong demand, favorable comparisons with 2020’s second quarter.
Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?
Shipping and fulfillment costs continue to escalate at double-digit levels.
The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.
Truckload carriers’ “spillover” freight ties up LTL capacity during unprecedented times, Old Dominion executives said.
The key profitability metric comes in 550 basis points below the company’s 2020 results.
Strong second-quarter results give way to second-half volume growth concerns. An analyst calls the share sell-off “overdone.”
Griff Lynch, the Georgia Ports Authority’s executive director, doesn’t expect another growth spike and says he’ll be happy to maintain current volume levels.
Americans were expected to divert disposable income away from goods as the economy reopened to travel, lodging and entertainment. It isn’t happening, most observers say, and the supply chain implications are profound.
An environmental report demands zero-emission shipping by 2030 and rejects LNG as an alternative, while urging more transparent emissions reporting.
More than one-quarter of survey respondents expect a 20% annual increase in warehouse demand over the next three years.
Company looks to take the lead in the cloud-based manufacturing and supply chain segment.
Knight-Swift’s acquisition highlights the LTL industry’s sweet spot in the e-commerce supply chain, says a noted consultant.
The two firms reach equity and operating agreements to expand their presence in the Indian market.
Grants and incentives will be needed to offset high front-end costs, Ryder EV executive says.
GXO Logistics looks to capitalize on favorable macro trends.
Shares surge as the proposed sale to Thoma Bravo promises a whopping premium to shareholders.
Leased owner-operators and company drivers could be looking to strike gold on their own in a strong trucking market, Vise says.
Vince Paperiello has been named to run the multibillion-dollar unit. The business had been run as a group effort for two years, a source says.
The project continues the region’s hot streak in attracting logistics development.
The acquisition modestly bumps Geodis’ brokerage revenue.
The index’s headline number is the second-highest on record, and there appears to be no end to the tightening cycle that has made life tough for logisticians.
Section 202 in postal reform legislation would keep parcel and mail delivery networks integrated. Some interests say it will never require the Postal Service to straighten out its accounting.
Attorneys general are urging the Postal Regulatory Commission to order the agency to abandon its multiyear focus on parcels until mail delivery problems are resolved.
The president won’t consider raising fuel taxes to pay for highway and road spending, effectively killing the 65-year-old program, Mullett claims.
Can regional carriers and last-mile delivery companies build out national delivery networks?
The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.
The union’s declaration establishes the `Amazon Project,’ with the long-term goal of creating a division to organize company workers.
The 32nd version of the venerable report waxes philosophical on why more, not less, logistics spending will be needed.
Another nail in the coffin in the company’s relationship with its largest customers?
Delegates will vote on whether to eliminate a provision requiring a contract to be ratified even if a majority rejects it.
The company will add Missouri, Illinois and Kansas and deepen coverage in Louisiana and Arkansas, effective in early September.
The broker seeks relief in a preemption battle by casting the 9th U.S. Circuit Court of Appeals in a rogue light.
The report says that North America will be less appealing than Asia in the eyes of business, at least through mid-decade.
The transaction, arranged by CVC Capital Partners, is set to close in the third quarter.
The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.
Keynoting a FreightWaves summit, Rob Estes, head of Estes Express Lines, says current conditions are unprecedented.
Love it or hate it, the regional parcel carrier looks to clean up as e-commerce drives up demand for parcel-delivery services.
The 20-year battle over broker post-accident liability may be resolved once and for all.
Transport deregulation’s long game has left much of the asset-based carrier field with few players. Will the cycle turn to usher in a cast of competitive newbies?
Multimodal focuses on industrial segments like automotive, chemicals, metals and machine tools.
Unlike in 2020, parcel delivery carriers will have breathing room between late June and the traditional holiday cycle.
The pattern of mid- to high-single-digit raw materials price increases continues.
Amazon will store and pre-position supplies for quick release in the event of natural disasters.
A white paper by TIA and CLDA stresses the need to differentiate from Amazon to succeed in final-mile delivery.
Bizarre actions behind the wheel during 2020 should raise alarm bells for truckers and fleets, survey’s author says.
FedEx is raising the fees on U.S. residential deliveries, its Ground Economy service and on packages requiring “additional handling.”
The company aggregates its cold-chain logistics services into a dedicated unit.
Thefts incidents nationwide spiked 35% in 2020, CargoNet said.
The electric vehicle pilot is part of Walmart’s last-mile delivery initiatives.
People are eager for face-to-face gatherings. But health and safety issues will still call the shots.
The company’s pickup and delivery revenue jumps; about 95% of sales were fulfilled from stores
J.B. Hunt’s 360 digital freight-matching platform will play a core role in helping the company and its customers thrive in a historically challenging environment, Simpson says.
The retail giant clobbers its first-quarter fiscal 2022 estimates, while its chairman says the company is more optimistic about 2021 than it was at the start of the year.
Steel costs and availability could delay projects for the rest of the year, expert says.