Tag: logistics

August 9, 2023

Many supply chain leaders were unprepared when the pandemic hit, and businesses struggled to maintain material supply continuity. Fast forward a few years, and procurement continues to be more challenging than ever. Companies still struggle as geopolitical volatility, natural disasters […]

August 3, 2023

Reuters published a story Thursday examining the increasingly hawkish stance toward China taken by the top GOP presidential candidates on the campaign trail, noting that several of them are now calling for an end to China’s normalized trade status. Now, […]

July 17, 2023

Core Industries plans to invest $8.75 million to construct a processing and storage facility at its port facility in Mobile County, Alabama. The project will support a contract to handle wood pellets for CM Biomass, and create 28 jobs over […]

July 13, 2023

Another call has been made for the U.S. government to reconsider the trade status that grants Chinese imports a lower tariff rate. They’re starting to stack up. This was once the territory of trade hawks, but no more. After two […]

June 7, 2023

As “America’s Logistics Center,” the Jacksonville region sits atop Florida, the nation’s fastest growing state, giving way to 98 million consumers within a day’s drive, amplified by a diversified transportation infrastructure of rail, air, highway and maritime. At the center […]

June 6, 2023

Agillence, Inc., an optimization company, today announced that it has been selected by Toyota Motor Europe N.V./S.A. (TME) to provide proprietary optimization software to support planning parts logistics networks. Agillence Lean Logistics Optimizer (ALLO) software was selected by TME based […]

April 5, 2023

FedEx Corp. is combining its Express and Ground delivery units into a single business, abandoning an operating structure championed by founder Fred Smith and criticized by investors and analysts. The changes are designed to simplify interactions with customers and accelerate […]

March 10, 2023

Trinity Industries has acquired RSI Logistics for $70 million, the company announced March 9. Trinity owns businesses that provide railcar products and services in North America. RSI is a data-centric provider of proprietary software, logistics services and terminal-management solutions to […]

February 10, 2023

Universal Logistics Holdings’ earnings grew on a slight decline in revenue during the fourth quarter of 2022, the company reported Feb. 9. The Warren, Mich.-based asset-light transportation and logistics company posted net income of $33.4 million, or $1.27 a diluted […]

January 18, 2023

A significant slump in order volumes across US supply chains took the shine off a slight improvement in global trade activity in Q4-2022, according to the latest data from Tradeshift, the digital network for global trade. Tradeshift’s Index of Global […]

November 28, 2022

U.S. trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during disruptions caused by the pandemic have plummeted — some are now calling it a “freight recession” — as inventory gluts […]

November 10, 2022

Boeing (NYSE:BA) and Silk Way West Airlines have finalized an order of two 777-8 Freighters, with options for two additional airplanes. The two companies announced the agreement at a signing ceremony today at Boeing Commercial Airplanes’ Seattle Delivery Center. The […]

November 8, 2022

A Northrop Grumman Cygnus resupply spacecraft is on its way to the International Space Station with more than 8,200 pounds of science investigations and cargo after launching at 5:32 a.m. EST Monday from NASA’s Wallops Flight Facility in Virginia. NASA […]

October 19, 2022

J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations. The Lowell, Ark.-based transportation and logistics company posted net earnings of […]

October 11, 2022

Thirty years ago, Dee Sova had a choice: go to nursing school or obtain her commercial driver license. Her husband at the time convinced her to join him on the road, so she chose the trucking industry. And when her […]

October 10, 2022

Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN) announced today that they have been selected to build a logistics UAS prototype for the United States Marine Corps. Kaman will build a funded military version of its KARGO UAV, a […]

September 22, 2022

FedEx Corp. FDX -2.64%▼ said a slowdown in the global economy has hurt its business. Investors, analysts and customers said they are seeking clarity on how much the company’s own operating strategies are contributing to the problem and how it […]

August 29, 2022

Mammoth Freighters LLC (“Mammoth”) is pleased to announce the company has signed a multi-year contract with Aspire MRO (“Aspire”) to perform Passenger-to-Freighter conversions and maintenance related work for the Mammoth 777-200LRMF and 777-300ERMF freighter programs. Located at the Alliance Airport […]

July 15, 2022

A SpaceX Dragon resupply spacecraft carrying more than 5,800 pounds of science experiments, crew supplies, and other cargo is on its way to the International Space Station after launching at 8:44 p.m. EDT Thursday from NASA’s Kennedy Space Center in […]

June 27, 2022

There’s no denying that the pandemic has upended the world in many ways, but it has impacted the manufacturing and supply chain industries particularly hard. With grocery store prices and inflation nearing record highs, the food & beverage industry is […]