The US logistics industry is experiencing a decline in prices across various sectors, including ocean carriers, truckload operators, air cargo carriers, and LTL providers. However, warehousing rates have remained high due to a slowdown in construction of new facilities. Prologis, the leading warehouse developer in North America, reported strong Q3

Kale Info Solutions has created a digital technology platform, Kale ACS, that aims to automate and streamline operational flows in the logistics industry. The platform provides real-time visibility of shipment status and addresses challenges faced by the JFK cargo community, such as bottlenecks and lack of advanced shipment information. Through

US corn futures rose on Wednesday due to increased reported weekly consumption and ongoing concerns about logistics on the Mississippi River. Source: Link Frequently Asked Questions: Corn Commentary What is the reason behind the US futures being higher on ethanol data and logistics? Unfortunately, specific information about the reasons behind

A logistics crisis caused by a surge of migrants is impacting commerce and supply chains in the Borderplex region between the US and Mexico. The closure of a major cargo bridge in El Paso, the diversion of commercial traffic to other ports of entry, and the shutdown of northbound trains

Sterling, a Kuehne+Nagel company, has launched a global Aerospace Service to expedite urgently needed aircraft parts from a large Original Equipment Manufacturer (OEM) based in Seattle. This service will operate 24/7 from a Logistics Service Hub in Seattle with dedicated drivers and vehicles. The new shuttle service aims

Computer vision solutions provider Vimaan has been named a Cool Vendor in the 2023 Gartner Cool Vendors for Logistics Technology report. Vimaan's AI-enabled warehouse tracking technology has helped streamline labor requirements and boost inventory accuracy for various 3PLs, brands, and retailers. The company's solutions, including DockTRACK

A report titled "Transport and Logistics Trends in South Africa 2023" offers insights into the challenges and opportunities in the country's transport and logistics sector. It highlights the impact of exorbitant fuel prices on motorists and discusses potential solutions. The report emphasizes the role of technology

Wintrust Receivables Finance (WRF) has closed a $3 million line of credit for a transportation broker that is the result of a roll-up of three smaller logistics firms. The company offers dry van, flatbed, and LTL freight services to clients across multiple industries. The management team used a combination of

The logistic-based real estate market in Southern California is cooling off after the end of COVID-based buying. Factors such as labor disputes, interest rate hikes, and slower absorption rates are pushing the market back to normal. Vacancy levels are returning to pre-pandemic conditions, signaling a less constricted supply chain. The

Fine Art Shippers, a professional art logistics company based in New York City, will be offering art shipping and installation services during Miami Art Week 2023. The event attracts a large number of participants and guests from around the world, including renowned galleries and fairs. Fine Art Shippers will assist

A survey by DHL found that small and medium-sized enterprises (SMEs) are optimistic about the 2023 holiday season despite supply chain and inflation challenges. The survey revealed that 37% of SMEs began planning for the holidays in the second quarter or earlier, and 30% started preparations earlier than in 2022.

Blackstone, a US private equity firm, has secured a A$1.45 billion ($930 million) sustainability-linked loan for its Australian real estate and logistics portfolio. This is the largest loan of its kind to Australia's industrial sector. It also marks Blackstone's first sustainability-linked transaction in the

SSI Schaefer announced a partnership with Ally Logistic Property (ALP) to construct a smart warehouse in Malaysia. The facility, called OMega 1 Bukit Raja, will be ALP's largest automated warehouse in Southeast Asia. SSI Schaefer will provide the core infrastructure, including high-quality self-supported high-bay indoor racking systems. The

CJ Century Logistics Holdings Berhad (KLSE:CJCEN) has experienced significant share price movement in recent months, reaching highs of RM0.46 and lows of RM0.39. The current trading price of RM0.40 may be reflective of the stock's actual value, and it is trading in line with

Volodymyr Zelenskyy, President of Ukraine, held a Supreme Commander-in-Chief Staff meeting where he praised the efficiency of weapons provided by Ukraine's partners in destroying Russian bases and logistics. Zelenskyy expressed gratitude to soldiers and brigades holding their positions and emphasized the need for ongoing progress. The meeting also

Ancora Alternatives is pushing for a new board of directors at Forward, aiming to halt the acquisition of Omni which has caused a significant drop in stock value. SC Ports plans to enhance its terminal to accommodate larger ships and attract more cargo. Ocean carriers are partnering with tech vendors

The global secure logistics market is expected to reach $191.9 billion by 2032, with a CAGR of 8.4% from 2023 to 2032. The growth of the market is driven by the demand for outsourcing branch and ATM services, as well as the demand for product integrity. The cash

Petty Officer 3rd Class Brittany Woods, a graduate of Terry High School, serves in the U.S. Navy assigned to Navy Expeditionary Logistics Support Group. Woods joined the Navy to support her family and provide a better life for her kids. The Navy's mission is to deliver worldwide

Dalfen Industrial has announced a lease agreement with Tellworks Logistics for a new industrial facility in Reno, Nevada. The 489,440 square foot facility will be used by Tellworks Logistics to service the logistics needs of a Fortune 500 company. Located in the TRIC/East Valley submarket of Reno, the

The U.S. will provide Ukraine with nearly $700 million to improve and modernize the country's logistics and transport infrastructure. The funds will be used to improve railways, ports, checkpoints, and other transportation infrastructure. The announcement came after talks between Ukraine's Infrastructure Minister and the U.

According to the 2024 28th Annual Third-Party Logistics Study, relationships, collaboration, and customer service are key components of today's supply chain. The study highlights that shippers and logistics providers are looking to enhance their partnerships to enhance decision-making and manage costs. Shippers are seeking more than just transactional

Unisys has announced Unisys Logistics Optimization™, a new quantum-powered solution designed to help organizations solve complex logistics optimization challenges in seconds. The solution utilizes a combination of quantum computing, advanced analytics, and artificial intelligence (AI) to generate industry-specific analyses quickly. Unisys will demonstrate the solution during a virtual launch event

The US Marine Corps has contracted IT firm DSFederal to provide technical program management support for its Logistics Integrated Information Solutions (LI2S-MC). DSFederal will focus on sustaining and harmonizing IT systems, as well as supporting upcoming logistics development and modernization initiatives. Services provided under the contract include product support, logistics

The III Marine Expeditionary Force has begun participation in the Resolute Dragon 23 field training exercise, a bilateral exercise with the Japan Ground Self-Defense Force. The exercise aims to enhance command, control, and multi-domain maneuver capabilities, as well as demonstrate the ability to deter and counter threats in the first

The Marine Corps Logistics Base in Albany, GA, has launched its Toys for Tots Campaign to provide toys for children in need during the holiday season. With 28.5 percent of families in Albany living below the poverty line, the campaign aims to collect new unwrapped toys and deliver them