Alibaba launched Logistics Marketplace for SMEs in the U.S, connecting buyers and logistics providers for tailored solutions. Cainiao introduced a consolidated shipping service to the U.S, reducing delivery times. Alibaba to invest in South Korea logistics center. Global logistics market expected to reach $16.79 trillion by 2032.

The U.S. real estate sector has underperformed in the past year, with Vanguard Real Estate ETF falling behind the S&P 500 by 24%. Blackstone's $10 billion investment in residential housing may signal changing sentiment. Prologis Inc. could benefit from a potential logistics and warehouse boom.

US Trade Representative Katherine Tai has pledged to thoroughly investigate allegations of China utilizing unfair practices to dominate global markets. A Section 301 investigation will determine if Chinese government actions burden US commerce. The investigation may result in duties or import restrictions. Labor unions and US senators have endorsed the

Mexico is gaining popularity among third-party logistics providers as it becomes a key trading partner with the U.S. Echo Global Logistics expanded to Mexico City, Monterrey, and Laredo, while Ryder System Inc. built a warehouse in Laredo. Echo invested in local offices and personnel, marking a new phase in

Defense officials from the Philippines and the United States met to discuss logistics capabilities at Enhanced Defense Cooperation Agreement (EDCA) sites. The officials focused on enhancing logistical assets ahead of US Secretary of State Antony Blinken's visit and the upcoming Philippines-US Balikatan exercise in April. Both countries committed

I Squared Capital has acquired WOW Logistics, a Wisconsin-based supply chain provider. WOW offers services including temperature-controlled warehousing and transportation. The partnership aims to modernize storage infrastructure and meet rising demand. I Squared plans to maintain WOW's legacy while driving growth and innovation. Financial terms were not disclosed.

The U.S. Army has dispatched a ship to send humanitarian aid to Gaza, following President Joe Biden's pledge to build a temporary pier to supply the besieged enclave. The General Frank S. Besson left Joint Base Langley-Eustis with equipment to establish the pier. This comes after warnings

US-based GXO Logistics has made a £762 million bid for British logistics firm Wincanton, sparking a bidding war as it surpasses the £480 million offer from CEVA Logistics. Wincanton shareholders holding 34% of the company's equity have backed GXO's bid, driving the company's shares

Airspace Technologies, a U.S. logistics startup, is expanding operations in Asia and partnering with Qualcomm and other semiconductor firms. The company uses sensors and cloud-based software to track time-sensitive cargo like human organs. The global air cargo industry is facing challenges due to limited capacity, impacting the chip industry.

Lineage Logistics, a temperature-controlled storage and logistics company, is among several private companies considering initial public offerings (IPOs) in the US during the second quarter. This follows a two-year freeze in the IPO market, with a record $339 billion raised in 2021. Lineage is aiming for a valuation of over

The Pentagon is reportedly covering up the true purpose of Tower 22, the U.S. base in Jordan where three American service members were recently killed. While the Pentagon describes the base as a "logistics support base," it is actually a base conducting long-range reconnaissance on militants in

US logistics startup Flexport is reportedly planning to lay off about 20% of its workforce in the coming weeks. The company, which has received $2.3 billion in funding and has an $8 billion valuation, had previously announced plans to lay off up to 30% of its workforce by the

Spanish logistics company Exolum has acquired a 50% stake in Vopak Moda Houston (VMH), an ammonia storage terminal on the Houston Ship Channel, from U.S. Moda Midstream. The acquisition allows Exolum to establish a presence in the U.S. Gulf Coast ammonia logistics infrastructure and supports its business development

Hankook Tire has awarded Hyundai Movex an $82 million contract to supply logistics automation for its tire manufacturing plant in Tennessee. This is the largest single order in Hyundai Movex's history. The project will involve installing advanced equipment and facilities to increase efficiency and control the core logistics

The "Warehouse Market in India 2023" report highlights the growth and trends in India's warehousing industry. The market is mainly dominated by unorganized players, with only 10% controlled by organized players. Private equity firms and Indian corporate developers are investing heavily in building industrial parks. The

China's logistics industry saw a boost in the first ten months of the year, with social logistics rising 4.9% to 278.3 trillion yuan. The growth was driven by improved import logistics and increased consumption during the holiday season. Logistics for industrial products increased by 4.1%

The 325th Logistics Readiness Squadron at Tyndall Air Force Base in Florida plays a crucial role in supporting the F-35A Lightning II fleet and aerial combat exercises. The squadron's petroleum, oils, and lubricants flight ensures the delivery of clean and high-quality fuel to maintain air dominance. Fuel is

Chris Jamroz, CEO of Roadrunner, a national less-than-truckload (LTL) services provider, discusses the state of the freight economy and the LTL market. He believes that while there is a freight recession, LTL has been insulated due to factors such as nearshoring and e-commerce. Jamroz also notes that the LTL market

The 45th Logistics Readiness Squadron hosted its first personnel deployment function line in over 13 years at Patrick Space Force Base in Florida on October 5, 2023. The PDF line helps streamline the pre-deployment process for service members by providing a platform for them to interact with various support agencies.

Klaus-Michael Kuehne is now the wealthiest person in the logistics industry with a net worth of $30.2 billion. Gianluigi Aponte and Rafaela Aponte-Diamant follow closely with $27.6 billion each. John Fredriksen ranks fourth with $13.9 billion. Other wealthy individuals in the industry include Rodolphe Saadé, Tanya Saadé

With the rise of AI and robotics technology, intelligent and automated warehousing is becoming crucial for enhancing productivity. Narrow aisle forklifts are sought-after solutions for maximizing warehouse space utilization, increasing storage capacity by 30% to 40%. Unmanned forklifts, integrating forklift and AGV technology, offer autonomous navigation and improved efficiency. Wellwit

Freight rates increased in the week to November 29 due to multiple factors. Live news, price data, forecasts, and analysis are available for agriculture buyers and sellers through AgriCensus, a Price Reporting Agency specializing in providing market moving news and benchmark prices for bulk agriculture markets. Sign up for a

We Rave You, an electronic dance music platform, has partnered with Share Logistics to revolutionize the events industry. They plan to enhance the overall experience by creating innovative new solutions and combining music entertainment with sports. The collaboration aims to offer fans a more comprehensive and interactive experience through technologies

Gary "Shep" Shepherd, a DLA Supply/Logistics Instructor, discusses his approach to being a logistics expert. He believes that calling oneself an expert can lead to complacency, and instead emphasizes the importance of continuous learning and adapting in a constantly changing field. Shepherd has had a 26-year career

Southern Glazer's Wine and Spirits has launched a subsidiary called Ankaa Global Logistics, a third-party logistics provider focused on the wine and spirits industry. Ankaa offers temperature-controlled inventory storage, repacking, labeling, and other services for beverage alcohol suppliers. The subsidiary aims to cater to international companies that want