North American peak inventory levels balanced, DHL unit CEO says
DHL Supply Chain’s North America chief says warehouse labor markets have stabilized.
DHL Supply Chain’s North America chief says warehouse labor markets have stabilized.
Ryder System Inc. is acquiring contract manufacturing and packing company Impact Fulfillment Services in a deal involving operations in 15 states.
The impacts of double brokering are felt by carriers and brokers alike, disrupting operations and causing financial and liability risks for everyone involved.
Omnichannel fulfillment provider Stord’s new service is designed to make delivery to retail DCs more affordable for smaller merchants.
Averitt is well positioned to be a shipper’s comprehensive transportation and logistics solutions provider with a gamut of services including port drayage, distribution and fulfillment, truckload, LTL, cross-border and nearshoring logistics, and final-mile transport.
A Walmart facility in California will expand its next- and two-day delivery capabilities.
Israel’s agriculture ministry and Israel Defense Forces have developed a dedicated distribution channel to move foodstuffs northward.
Supply chain software provider e2open has parted ways with its CEO while the CCO has laid out problems with its sales operations.
Uber Freight Exchange is designed to unlock operational efficiencies and compress the time it takes to procure, eliminating the back-and-forth of traditional mini-bids by bringing the process onto one single tool.
Lineage Logistics has acquired eight Burris Logistics cold storage and e-commerce fulfillment facilities in six states.
A new report from the Anderson Economic Group says the UAW strike against the Detroit Three resulted in $3.95 billion in losses in the first two weeks.
International 3PL Iron Mountain can help organizations set up a distribution or fulfillment function in a new market in just 30 to 60 days.
Supply chains are one crisis away from seizing up again, say the CEOs of Prologis and Home Depot.
Free shipping remains a make-or-break deal for many online orders, a Ryder survey finds.
Logistics and supply chain experts are warning that an extended United Auto Workers strike could have major impacts on the trucking industry.
GXO has expanded into high-end verticals with its acquisition of PFSweb.
Supply Chain by Amazon is a full-service operation for all retail channels.
Flexport CEO Ryan Petersen says he has returned to rescue the company after Dave Clark wore out his welcome.
The NRF has bought a leading trade group to expand its sustainability solutions for members.
Reported incidents of cargo theft are well above historical norms, CargoNet reports.
Supply chains are in good shape, and Hurricane Idalia mostly spared key supply nodes, according to the executive director of the American Logistics Aid Network.
The scarred areas of Maui remain an active incident area, ALAN’s Kathy Fulton says.
The latest FreightWaves SONAR release gives users the ability to customize outputs based on rate per mile versus flat rates and to quickly retrieve 90-day moving averages for contract rates.
“We’re constantly in touch with customers to make sure services and standards are met,” said Sam Burkhan, CEO and co-founder of ITF Group.
Shippers are exploring new technologies to mitigate rising costs and hit sustainability goals, but to maximize results they need to have a rock-solid foundation of data and a streamlined dimensioning process.
It’s important to have access to full end-to-end visibility across all parts of the supply chain.
Spam is making donations to those in need after the fires in Maui, Hawaii, building on its more than 75-year close relationship with the state.
Since the closure of the third-largest LTL carrier, Averitt Express has seen an influx of 2,000 daily shipments — and hasn’t missed a beat.
Walmart posted revenue gains of 5.7% in its fiscal 2024 second quarter, paced by a 6.4% gain in U.S. same-store sales.
Lean Solutions Group’s workforce analytics services let an organization know if what it is doing is driving a better experience and greater efficiency for improved customer relationships and lower costs.
Ditat is planning to roll out its new user interface, which will improve the overall appearance of its TMS, making it more mobile-friendly.
More than 200 transportation and logistics companies have made the 2023 Inc. 5000 list of the fastest-growing privately held firms in the U.S.
“I believe what we basically had in the supply chain was a reset, an unfortunate reset, due to the overstocking. I think, in all areas, we’re kind of close to the end of that,” said John Vaccaro, PalletTrader CEO and founder.
UPS’ full-year guidance change reflects the volume and cost impact from labor negotiations with the Teamsters.
“…at FreightVerify, it is a distinct honor to play a role in the industry’s transformation,” said FreightVerify’s Greg Nelson.
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Change is all around […]
GXO Logistics is one of few companies to better its 2023 estimates and raise its guidance.
GXO’s full-year EPS guidance was raised by 5 cents, while adjusted EBITDA was increased by $10 million.
RXO was flat between the first and second quarters, and that proved to be a turnoff for investors in the 3PL.
Adrian Stoch will head GXO’s fast-growing automation efforts.
The U.S. Chamber of Commerce is recommending a long list of fixes to the problem of large verdicts in truck accident litigation.
Lowe’s expanded same-day delivery service leverages OneRail’s OmniPoint platform and network of 12 million drivers.
Uber Freight has implemented layoffs in its legacy digital brokerage operations in the second round of cuts this year.
Redwood’s CEO says the acquisition of Rockfarm strengthens its “modern 4PL” capabilities.
Ditat helps Artur Express grow revenue by bringing its detention-monitoring and management capabilities into real time.
Uber Freight’s Market Access is an AI-powered algorithm that gives shippers transparent freight pricing and greater control over their procurement stipulations.
Food brands are cooling it on price hikes. That means trucking companies will have more grocery volume to move.
The logistics pipeline is a tea leaf forecasting China’s economy and the flow of freight tells investors the bottom line of logistics companies.
Conceding digital brokerage got a “bad name” early on, Uber Freight’s Souder looks to add human element to the experience.
Most consumers are interested in knowing more about eco-friendly delivery methods, a Descartes study finds.
C.H. Robinson avoided a debt downgrade at S&P but the outlook was changed to negative, mostly on the size of its share buybacks.
Descartes MacroPoint’s ocean visibility product brings data together in an accessible way that previously was not possible, providing transparency into data and locations during the whole ocean shipping process.
GXO is starting its multiyear German expansion plan through the use of warehouse in Dormagen.
STG Logistics’ acquisition of Best Dedicated Solutions will add expedited, dry van, temperature-controlled and flatbed OTR transportation to STG’s existing services.
As the transportation industry continues to adopt more vehicle and internal technologies considered hackable, the importance of penetration testing takes center stage.
The capacity at Amazon’s Atlanta facility has doubled to 2.4 million disaster relief items ready for shipment.
Back-to-school season is near, and planning is underway among shippers and logistics companies.
Southern Companies provides drayage services at seven Southeast ports.
GXO plans to run a new facility for consumer giant Kellogg in Belgium.
Users need to plan for rapidly tightening logistics real estate markets next year, a Prologis report says.
ChatGPT and other advanced AI tools are looking to find homes in supply chain software and in some cases already have.
CPG companies are trying to lock in low freight rates in a cyclical trough.
GXO, the world’s largest pure-play contract logistics provider, posted a record 12% year-over-year revenue gain.
EY Americas’ Sumit Dutta says there’s a realization among companies that a broken or inefficient supply chain is going to crimp growth.
“Although the U.S. supply chain is not having the issues that occurred over the last two years, many of the underlying problems remain,” said Cornerstone Systems’ Guy Wallace.
Localz offers a differentiated platform, logistics IT firm Descartes says.
Logistics real estate operator Prologis believes headwinds facing the supply side will prop up occupancy and rents into 2024.
Warehouse operator Prologis reported first-quarter results in line with expectations Tuesday.
Shipco Transport pairs strong company values with deep expertise and broad coverage to deliver concrete results to its forwarder customers.
GXO will operate six new warehouses in the U.K. for supermarket giant Sainsbury’s.
When John heard his trailer was missing, he was able to track the stolen property using his LandAirSea GPS and lead authorities to the thief. He saved the trailer, $300,000 worth of material and likely his reputation with his customer.
Shekar Natarajan moves on as logistics provider Quiet Platforms looks to improve on a disappointing outlook.
Young’ Ed Burns has succeeded his father as CEO at Burns Logistics as the elder becomes chief relationship officer.
“Our growth and potential were being hindered by manual processes and limited visibility into workflows,” US Cargo Brokers founder Adam Konopko said. “After adopting Ditat’s TMS, US Cargo experienced a complete transformation.”
Working in a co-warehousing environment is the next opportunity for merchants to hit customer targets while keeping warehouse and distribution costs under control, an expert says.
MHI-Deloitte report says tech investments will be pivotal in building agile organizations, attracting qualified talent
Supply chain and logistics firms are making their solutions known at the industry’s largest event. Here’s the most notable news.
The Ultra5 machine has a right-sized design that eliminates the need for corrugated boxes, according to Packsize.
FreezPak Logistics plans to open a 212,807-square-foot temperature-controlled warehouse near Chicago.
The DHL Global Connectedness Index released Wednesday also sheds light on the future expansion of regional trade, saying more than half takes place within regionalized distances already.
A Bloomberg report says Uber Freight may be a candidate for a spinoff or an IPO.
German giant Deutsche Post DHL posted outsized gains in full-year operating income and said that performance will not repeat in 2023.
Ryder has sold its Miami headquarters campus to real estate firm Bridge Industrial for $42.1 million.
Combined company will boast 81 fulfillment centers in the U.S., U.K. and continental Europe.
The company reports it experienced better-than-expected sales volumes in the fiscal 2022 fourth quarter.
The annual OOIDA survey on driver compensation has findings on use of digital brokerages that don’t appear to line up, but definitions may be the issue.
Experts at Conversion Interactive Agency and People. Data. Analytics. (PDA) advise these strategies for reaching candidates where they are and retaining them long term.
FreightWaves’ Geoff Lochausen and Ben Richey of Black Rifle Coffee Co. discuss the role American consumers played in the volatile supply chain market over the past year.
Port expert Walter Kemmsies discussed the distortions in trade and demand for goods and services created by the pandemic during FreightWaves’ Global Supply Chain Week.
“If we take what we’ve learned about compliance over the last 20 years and combine it with the latest technology, it’s possible to speed up the process significantly and make it a better experience for drivers,” Foley and CEO Joel Sitak said.
Just as the name suggests, Get It There Faster helps shippers easily move LTL ground and air freight, instantly bringing expedited rates to their TMS platforms.
The TIA, the leading industry association representing brokers, is ramping up its fight against fraudulent double brokering.
Amid recession fears, industry experts reveal freight’s most untapped differentiator— next-generation weather technology.
UPS’ CFO warns of a “bumpy road” ahead, while its CEO extends an olive branch of sorts to the Teamsters ahead of contract talks.
Now that the supply chain “water line” has been largely but not entirely cleared, weakened demand and a strained economic environment have created a “recipe for the slowdown,” said OptiX executive Buddy Sexton.
Uber Freight is cutting about 3% of its workforce, all of the jobs coming out of its digital brokerage activities.
The CFO of contract logistics firm GXO Logistics says labor costs are cooling but U.S. warehouse space remains tight.
Walmart’s hiring initiative, which began with recruiting supply chain workers, is broadened to include all associates within a 50-mile radius of hiring offices.
ClearFlame’s model removes diesel from diesel engines through heavy-duty compression ignition engine modification, allowing trucks to run on a wide range of clean-burning, plant-based renewable fuels.
The contract logistics provider sees a solid demand for the next five years.