Category: Logistics

April 18, 2023

Supply-chain snarls are still hindering efforts by weapons makers to produce more arms for Ukraine and refill stocks for the U.S. and its allies. Lockheed Martin Corp. said Tuesday that sales of its long-range missiles known as the Guided Multiple […]

April 12, 2023

It’s been about 10 months since the Uyghur Forced Labor Prevention Act (UFLPA) officially went into effect, banning all imports from the Xinjiang region of China unless importers can produce “clear and convincing evidence” that their products aren’t made with […]

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 17, 2023

China is on an oil-supertanker hiring spree, a sign energy demand has sped up after the world’s second-largest economy limped out of its Covid-19 lockdowns. Traders carry crude to China, the world’s biggest oil importer, in Eiffel Tower-size tankers called […]

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 31, 2023

Växjö, Sweden, 31 January 2023 * * * JLT Mobile Computers, a leading developer of reliable computing solutions for demanding environments, has upgraded its powerful and versatile JLT6012 rugged vehicle-mount terminals (VMTs). Originally developed for demanding warehouse and logistics applications […]

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 […]

January 13, 2023

President Biden went down Mexico way this week for a North American leaders summit with Mexican President Andrés Manuel López Obrador (AMLO) and Canadian President Justin Trudeau, where they pledged to work together to forge stronger regional supply chains. Then […]

December 20, 2022

Military and trucking industry experts said traits including a willingness to help others and interest in serving a greater good are hallmarks of why truck driving jobs are an excellent option for service members looking to transition to civilian life. […]

December 1, 2022

Caraway is a popular brand of premium, non-toxic kitchenware and has maintained a significant presence in the ecommerce space for three years. In 2021, Caraway tapped ITS Logistics to support its expansion into omnichannel markets, specifically focusing on increasing its […]

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

Apple Inc.’s AAPL warning this week about iPhone supply limitations threatens one of biggest drivers of the company’s record-breaking sales in recent years: persuading customers to buy its priciest smartphones. The iPhone Pro models, unveiled in 2019, have been integral […]

November 1, 2022

Robots continue helping humans with everything from leisure to work activities – from playing music and delivering food to picking and packing inventory in distribution centers. As growing labor shortages, volatile lead times, global supply chain challenges and rising costs […]

October 20, 2022

Knight-Swift Transportation Holdings Inc. saw mixed financials amid ongoing efforts to strengthen segment results during the third quarter, the company reported Oct. 19. Total revenue for the Phoenix-based truckload carrier increased by 15.5% to $1.9 billion from $1.64 billion. Net […]

October 19, 2022

Ukraine said its exports of agricultural products have recovered to around prewar levels, a revival that has helped ease pressure on global food prices and offers a bright spot in Kyiv’s fight against Russia. However, analysts say the rise in […]

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 […]

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 […]

September 21, 2022

The car industry, already grappling with a shortage of semiconductors, is now seeing another source of supply chain concern: a lack of ships. Earnings for freighters that move autos and industrial machines across the globe have surged to about $80,000 […]

September 13, 2022

Schneider Electric, the global leader in the digital transformation of energy management and automation, is joining HP Inc. at the 2022 International Manufacturing Technology Show (IMTS), to announce the commercial availability of its Metal Jet S100 Solution. Accelerating innovative designs […]