Flexport to reduce workforce by 2% amid company shift
Flexport, a global supply chain solutions provider, is reducing its headcount by 2% as part of a reorganization aimed at helping the company drive profitability.
Flexport, a global supply chain solutions provider, is reducing its headcount by 2% as part of a reorganization aimed at helping the company drive profitability.
Third-party logistics provider HTL Freight announced it has acquired CTS Logistics.
Transportation provider Hub Group sees Q2 revenue fall 5% year over year to $986 million.
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.
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.
CEO Michelle Halkerston details Hassett’s transformation over the years into a robust and ever-evolving 3PL.
Reload, Vorto’s new autonomous platform, could save companies more than $400 million per year while increasing sustainability.
DSC Logistics, a Chicago-area third-party logistics provider, says it was a victim of a ransomware attack after hackers threaten to release stolen data.