Latest posts about Logistics
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Investor expectations continue to influence supply chain decision-making
April 17, 2024
More shareholders are expecting supply chains to become resilient to protect the bottom line.
Supply Chain Stability Index sees ‘Tremendous Improvement’ in 2023
April 11, 2024
While 2023 proved to be a comeback year, there's still a ways to go before a return to pre-pandemic normalcy.
Examining the impact of the Taiwan earthquake on global supply chain operations
April 4, 2024
This earthquake is the latest in an ostensible series of events impacting the global supply chain, right on the heels last week’s tragic bridge collapse in Baltimore, which was preceded by the ongoing Red Sea and Panama Canal issues.
UPS Announces Plans to Close Around 200 US Facilities
March 31, 2024
UPS will invest $9 billion in automation, targeting efficiency and savings, while closing 200 U.S. facilities.
Industry experts examine the impact of Baltimore bridge collapse on supply chains
March 27, 2024
Following yesterday’s bridge collision in Baltimore, when the 32,000-ton container ship, Dali, collided into the 1.6-mile Francis Scott Key bridge over the Patapsco River in Baltimore, causing it to collapse and stopping ship traffic at the Port of Baltimore, for an indefinite period, it has created yet another uncertain situation for supply chains.
UPS presents updated financial goals and strategic targets at its investor day
March 26, 2024
Atlanta-based global freight transportation and logistics services provider UPS unveiled details regarding its strategic growth and productivity initiatives and its three-year financial targets at its Investor Day. Company officials stated that through its ongoing “Customer First, People Led, Innovation Driven” strategy, UPS is focused on setting up to the company to be the “premium small package provider and logistics partner in the world.”
LM Podcast Series: 3PL market update with Evan Armstrong
March 25, 2024
Themes focused on over the course of this podcast included: the state of the market; ways in which the pandemic affected 3PL operations; M&A; how 3PLs are adjusting to and leveraging nearshoring; and the economy, among other topics.
National Retail Federation 2024 retail sales forecast calls for growth
March 21, 2024
NRF is pegging 2024 retail sales to increase between 2.5%-to-3.5% to between $5.23 trillion and $5.28 trillion. Should this forecast come to fruition, NRF said that it would top 2023 retail sales, which rose 3.6% to $5.1 trillion.
Echo Global Logistics announces expansion of cross-border services in Mexico
March 21, 2024
As key parts of this expansion, the company said that it has set up new locations in Mexico City, Monterrey, and Laredo, Texas, and also tapped 30-year logistics veteran Troy Ryley as President, Echo Mexico.
OnTrac announces rollout of weekend deliveries
March 20, 2024
OnTrac said this new service offering went into effect on Saturday, March 16, adding it is available in 75% of its delivery network, covering 31 states and Washington, D.C., reaching more than 175 million consumers.
Explaining hoarding for the Post-COVID inflation for goods
March 15, 2024
Did the fear of product shortages contribute to the rapid price increases?
GXO’s acquisition of Wincanton remains on track for completion by late April
March 14, 2024
The pending acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics appears to remain on track, according to a “scheme of arrangement” recently issued by Wincanton.
Looking at the state of the transportation and logistics M&A market with Ben Gordon
March 14, 2024
In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Ben Gordon, founder and managing partner of Palm Beach, Florida-based Cambridge Capital, and managing partner of Ben Gordon Strategic Advisors.
Uber Freight heralds strong growth in its European Managed Transportation business
March 12, 2024
The company said that this business unit now has more than $200 million euro ($218.2 million USD) in freight under management and is on track for $2 billion ($2.18 billion USD) by 2028.
Most supply chains are underprepared for big disruptions, Dun & Bradstreet finds
March 12, 2024
Large businesses are more likely to make strengthening their supply chains a priority, report finds.