Prologis 2023 forecast says Texas will overtake California in warehouse demand, Mexico activity will surge due to nearshoring growth, and U.S. e-commerce will rebound to enjoy its second-best year on record.
Reverse logistics is a tough, unfamiliar skill set for 3PLs. But the potential payoff is huge.
Whether drivers are hauling lumber or this season’s most popular tech gadget, a transportation company must have a thorough and proactive approach to theft prevention to keep customer cargo and company assets safe.
AWS Supply Chain has launched an application to unify supply chain data from multiple systems and vendors.
Nike has remained a popular shoe brand for decades (Photo: AP File/Matt Rourke)
Expeditors’ stock is too high priced, Wells Fargo says, as it cuts its rating to a level tantamount to “sell.”
Policies affecting cross-border shipping, like the Complemento Carta Porte, are often a thorn in the side of shippers, but they can be streamlined with the right 3PL partner.
Freight Club leverages the volume of all clients in order to get enterprise rates from its network of more than 30 well-known carriers.
Contract logistics giant GXO posts a better-than-expected earnings per share and affirms its full-year targets.
Guided by Emtec Digital, companies can expedite their digital transformation by implementing robotic process automation and intelligent automation, allowing for enhanced operational efficiency and productivity.
German shipping and logistics giant Deutsche Post DHL has raised its full-year profit guidance to a record of $8.38 billion.
With the recent launch of Tomorrow.io’s Real-Time Monitoring system, companies are able to receive granular, real-time weather information relevant to their moving assets.
Holiday sales will decline by up to 50% from 2021 levels, but they will still be healthy despite macroeconomic concerns, according to the National Retail Federation (NRF).
Harry Broadman said during a presentation at FreightWaves’ F3: Future of Freight Festival that technology can create jobs, just not the same type of jobs.
The deal announced Wednesday marks Ryder System’s second purchase of an e-fulfillment company in less than a year.
Numerous shippers are realizing that digitization can change their processes, making them stronger and better able to deal with and adapt to external forces.
A connected ecosystem supported by multiple stakeholders is the best answer to the fragmentation that drives up costs and hurts service, according to J.B. Hunt’s Spencer Frazier.
Amazon reported a third-quarter sales deceleration that it says will persist into the holidays.
Weather-related hazards cause over 1.2 million vehicle accidents each year, yet leading trucking firms still lack a streamlined system to identify which of their drivers are at risk due to adverse weather conditions.
A reversion to the mean will occur after two strong years, Armstrong & Associates predicts.
Barge movement on the Mississippi River continues to be impaired by low-water levels with no end in sight.
The city’s industrial real estate market is experiencing an acute supply shortage with little space to be found, according to a Colliers International report.
A new survey of warehouse labor employment reveals tons of job openings, higher pay and better work-life flexibility.
Higher interest rates and a cautious macro outlook have curbed logistics warehouse growth but have hardly stomped it out.
Deutsche Post DHL posted strong gains at its Express, freight forwarding and supply chain units.
Pritzker Private Capital is buying family-owned Kenco, ending its 72 years as an independent company.
Cleo Integration Cloud is a blend of both internal and external integration systems types, providing users with a self-service platform to connect their internal ecosystem of back office and cloud-based enterprise processes with trading partners through its any-to-any transformation engine.
Driver turnover is expensive, and trucking operators cannot afford to keep turning over virtually their entire workforces on a yearly basis if they hope to bolster their bottom lines.
Without a clear idea of what technological breakthroughs in alternative fuels may be coming, ocean carriers are left searching for a path forward as they look to build vessels.
“When we first got started here, probably 75% of my day was answering emails and phone calls asking for updates. Now that all that is being sent directly from the drivers to the customers, it gives me a lot more time to handle planning and other issues that come up.”
Echo looks to push aggressively into the managed logistics solutions category.
Prologis has named Dan Letter president to run global operations, and Gene Reilly will take on a new role as senior adviser to CEO Hamad Moghadam.
Watco and Telegraph are collaborating in an effort to provide rail shippers with more information on where their railcars might be located on Watco’s network.
Fewer shippers think their 3PL relationships are successful, according to the annual Third-Party Logistics Study.
StratusGrid’s expertise and ability to provide supply chain and logistics companies with software solutions on the world’s most widely adopted cloud platform is underscored with Amazon Web Services recognition.
The great chassis squeeze in intermodal transport is not done yet, according to a panel of executives at the annual IANA meeting.
China’s share of all trade growth will drop to 13% over the next five years from 26% over the past six years, a new report from DHL and NYU’s Stern School of Business predicts.
Gretchen McCarthy will run all of Target’s global transport, logistics and supply chain management businesses.
Third-party logistics provider Atlas Logistics has acquired Progressive Transportation Inc., a provider of over-the-road pad-wrap transportation.
Mothership’s same-day freight marketplace injects modern software into an industry still lagging behind in technology adoption, opening doors for shippers that will directly allow them to break into new markets and build consistent and dependable service with low overall damage rates.
Each new Ditat customer is paired with one support team member who stays with the account from the beginning and beyond.
He regards the technology as not just the next generation of business process tools after the TMS, but something more akin to the revolutionary jump from traditional phones to smartphones.
Walmart pulls back on its order activity to align its inventory levels with projected demand.
Brokerages that already have customer contracts allow agents more rate stability
This year’s performance will not be as explosive as last year’s. But it will still be very good, a 3PL industry expert says.
Fitness company Peloton plans to turn over all final-mile business to J.B. Hunt and XPO in the coming weeks.
DOT officials are calling the start of data sharing among supply chain companies a ‘milestone’ event.
Driver turnover has been a challenge for trucking companies across the U.S. After implementing SHIPSMobile Content, companies are seeing improved driver retention and a reduction of the “hire, train and repeat” culture.
Purchase of the Bomi Group will dramatically expand UPS’ health care distribution network.
GXO’s earnings per share beat estimates, and it raised full-year guidance for revenue and earnings.
Even in a loose market, technological solutions aimed at optimizing freight movements remain useful.
With a long list of heavy-hitting customers that include Walmart, Loblaw and most recently Georgia-Pacific, Gatik has demonstrated that commercially successful autonomous delivery is happening first in a constrained environment, on fixed, repeatable short-haul routes.
AtoB, a new entrant to the fleet card industry, is disrupting the traditional fuel card model with its no-hidden-fee, universal approach, putting the power back into carriers’ hands
If you aren’t using a platform with an open API, you may find data siloed between different programs that are unable to communicate with your TMS. Your business will ultimately become constrained by the limitations of your TMS. You won’t have the freedom to design a TMS to your company’s needs.
At the end of the day, brokers, shippers and 3PLs want a reliable TMS that can handle all of the nuances of both their particular segments of the transportation industry while also offering a simple user interface.
Two years after he predicted supply chain disruptions due to the pandemic, the supply chain scion says the ecosystem remains broken. All that has changed, he says, is an acknowledgment of that reality.
GXO will receive an undetermined number of collaborative mobile robots.
The Biden administration wants to speed an effort unveiled in March to create a first-time freight data exchange for U.S. container shipments.
AB5 fallout and freight labor unrest are adding to inflation fears, Republican lawmakers are told.
Transport analyst conducts virtual beer get-togethers to gain knowledge and build contacts.
In the third in a series of podcasts on the providers of supply chain solutions, Craig Moore of Korbel talks about the needs of the warehouse sector.
In the upcoming quarter, Trucker Tools will home in on the broker and carrier relationship by introducing a couple of mutually beneficial tools.
Non-asset-based freight agents, who work independently of any one specific carrier, are especially at a disadvantage in today’s marketplace.
Fleets have been able to find more control over their transportation spend using PTV Route Optimizer’s features designed to suit the specific logistical last-mile delivery needs for CPG items.
The U.S. is seeing a resurgence in extraction of rare earth elements, with mining and manufacturing operations at sites in California, Utah and Texas.
What’s it like to have a totally antiquated supply chain management process and build a new one from the ground up? Karon Evanoff tells her story.
Google Cloud leverages IT prowess to help businesses improve supply chains, executive says.
Technology solutions, like the ones offered by Trucker Tools, help shippers and carriers achieve visibility and quickly book available trucks and nearby loads with the power of real-time, early and accurate data.
FedEx and FourKites are going global with a partnership that will launch a new supply chain intelligence platform, FourKites X.
“Ditat has definitely helped us increase cash flow just by making the billing cycle efficient and allowing a one-stop place for our drivers to have the ability to get their dispatch, scan their bills of lading in and then it directly goes into the TMS and we can bill it out the same day.”
Logistics spending surged across the board, led by a nearly 40% increase in demand for private fleet or dedicated contract carriage services, the State of Logistics Report says.
FreightWaves presents the Small Fleet & Owner-Operator Summit on Wednesday, June 15.
In a presentation at the Gartner Supply Chain Symposium, a General Mills executive said transformation can’t occur if executives get tied up in the day-to-day.
At a key supply chain forum, executives from FourKites sit down and talk about visibility and the need to meet increasing customer demands.
President Biden underscored his support for ocean shipping reform as he prepares to speak at the Port of LA. Here’s a rundown of major efforts the administration has taken to date to ease supply chain disruption.
Data from a recent survey shows that supply chain executives are paying greater attention to diversity, equity and inclusion.
At the Gartner Supply Chain Symposium, a vice president says supply chain officers are going to rise in importance in their companies.
Each year, MTS Logistics sponsors the biggest bike event in the shipping industry to raise funds for Spectrum Works, a nonprofit workforce training program that provides job training and employment opportunities for young adults with autism.
On the first day of the big Gartner Supply Chain Symposium, an audience is told that no two days are ever alike in the supply chain business.
AtoB offers fuel discounts at over 99% of fuel trucks and gas stations, with no limit on the number of discounted gallons drivers can purchase, and no hidden fees.
The company expands its Atlanta site to 20,000 cubic feet and doubles on-hand inventory to 1 million items.
PTV Route Optimizer is more than a planning system. It provides carriers and transportation companies with a way to maximize their efficiency — and that of the driver and customer — all in one tool.
Tax collections are halted until at least July 14. The state’s supply chain emergency edict remains in effect.
With LoadStop — an enterprise, cloud-based and carrier-focused platform — carriers of all sizes can grow revenue, streamline internal workflows, optimize fleet management and dispatching, and reduce time waste through process automation.
Supply chain delays are the chief worry among most of the 4,000 survey respondents.
Cargo security has been a concern on the radars of many shippers and carriers in recent years, but during the height of the COVID-19 pandemic worries mounted as cargo thefts […]
The baby formula supply crisis is a poster child for resilience. The question is who will foot the bill for it.
The company blames a faster-than-expected rise in costs during the second half of the quarter.
Military supply crunches affect soldiers, sailors, airmen and Marines on the front lines.
Considering multiple options — even bad ones — is something companies should do more of, instead of trying to find the one best solution to a problem in the supply chain, says Michael Schrage, MIT fellow and FreightWaves Future of the Supply Chain keynote speaker.
Investor Caroline Duffy says supply chain tech companies that push the envelope on customer delight will continue to thrive even in a down market.
Eric Fullerton of project44 wants to start unifying recent acquisitions to help customers weather the next freight storm.
Trax Technologies’ Chris Cassidy explains how understanding the flow of financial data with every freight shipment has become just as important as the shipment itself.
FreightWaves founder and CEO Craig Fuller chats with Billy Beane, executive vice president of baseball operations for the Oakland A’s, about how the A’s used data to help configure championship-winning teams.
The aging of warehouse stock makes life difficult for tenants.
There are many reasons why drivers may end up driving miles that are considered wasted. One big reason is weather conditions.
The company will pursue smaller rivals that lack scale to meet increasingly demanding requirements, GXO’s CFO says.
Although many companies are competing to solve the same problem, NewRoad’s operating partners use their industry expertise to pinpoint the company with competitive advantages that set them apart.
Revenue seen growing by 11% to 15%, up from 8% to 12%; CEO sees growth across all verticals.
Capacity tightness was fueled by a massive demand spike along the I-55 corridor.
