Universal Logistics Holdings' stock has fallen 22% in the past month, but its strong financials suggest it may be worth considering. One key factor is its return on equity (ROE), which measures how effectively a company generates returns for shareholders. Universal Logistics Holdings has a ROE of 27%, higher

Logistics platform Kale Logistics Solutions has raised $30 million in a Series B funding round led by Creaegis Advisors. The funding will be used to expand globally, with a focus on the US and Europe. Kale Logistics provides tech solutions for the logistics industry, including a single electronic window for

Majiwada-based Kale Logistics Solutions has raised $30 million in funding led by Creaegis Advisors. The company plans to use the funds to expand its business reach in the US and Europe. Kale Logistics Solutions offers a cloud-based cargo management software platform and comprehensive tech solutions for the logistics industry. The

Over 1,500 local government leaders in the US have expressed their strong opposition to legislation that would increase truck size or weight. In a letter drafted by the Coalition Against Bigger Trucks (CABT), the leaders argued that allowing heavier and longer trucks would worsen the current infrastructure issues and

The Consumer Packaged Goods (CPG) Logistics Market Report 2023 provides a comprehensive overview of the market, including size, volume, and market share. It explores key trends, market segmentations, and regional analysis. The report goes beyond data and statistics to act as a strategic navigation tool. The impact of COVID-19 and

The E Commerce Logistic Market Insights of 2023 is a comprehensive report analyzing the market's size, shares, revenues, drivers, and growth. It provides insights on limiting factors and regional presence that may affect growth. The report includes a table of contents, figures, and charts, along with competitive analysis

Adnoc Logistics and Services has acquired eight self-propelled jack-up barges to expand its offshore services. The company received two new-build and four used barges, along with two chartered rigs. The addition of these barges allows Adnoc L&S to offer a broader range of services to its customers. The

Klaus-Michael Kuehne is currently the wealthiest person in the logistics industry with a net worth of $33.3 billion. Following him is Rafaela Aponte-Diamant with $29.3 billion, Gianluigi Aponte with $29.3 billion, and John Fredriksen with $13.3 billion. The remaining spots on the list are occupied by

Kansas football coach Lance Leipold and his staff face challenges with road trips to the West Coast for future games. The Jayhawks have games scheduled in Washington, Hawaii, and Fresno, requiring travel across multiple time zones. Additionally, they have league games in the expanded Big 12 Conference in Arizona and

Logistics Management interviewed Drew Wilkerson, CEO of RXO Logistics, about the current state of the freight economy. Wilkerson mentioned that the freight market is still small overall, but there are encouraging signs such as increasing tender rejections and carrier capacity exiting the market. However, the spot market is not very

GXO Logistics' stock has fallen 6.8% in the past week, but the company's financials suggest its return on equity (ROE) is respectable. ROE measures a company's profitability and GXO's ROE is 7.2%, lower than the industry average of 17%. However, the

Descartes Systems Group released its September Global Shipping Report, showing a slight increase in U.S. container import volume in August compared to July. Port transit times remained low, and the labor situation on the U.S. West Coast was resolved. While the Panama drought is affecting some shipping traffic,

Logistics company C.H. Robinson has opened a new facility in Laredo, Texas, to speed up cross-border trade between the US and Mexico. The 400,000 square foot facility aims to support businesses looking to strengthen their cross-border shipping operations and take advantage of the growing trade activity in the

A study by Savills and Tritax Eurobox found that 39% of European occupiers in the logistics industry expect their take-up to increase this year. The study, focusing on occupiers in Continental Europe, highlights the growing trend towards investment in sustainable and technologically advanced logistics facilities. This indicates a shift in

The Free Trade Zone Warehouses Logistics Market Insights Report provides a detailed analysis of the market's size, drivers, trends, and growth. It also examines limiting factors and regional industrial presence. The comprehensive report includes valuable insights and strategies for businesses, as well as analysis of the competitive environment

Eurotranspharma Deutschland GmbH, a new player in the German market, will deliver temperature-controlled pharma and healthcare products in compliance with European GDP standards. The company will provide next day delivery to pharmacies, hospitals, doctors, and wholesalers. Eurotranspharma Deutschland will work with a hub and spokes structure, covering the entire country.

The COVID-19 pandemic led to a surge in online shopping, increasing the demand for warehousing facilities. However, as restrictions eased, online businesses faced challenges as customers returned to traditional shopping. A US retail company sought assistance from SpendEdge to address the dilemma of whether to continue using a logistics service.

The Logistics and Transportation Market Research Report provides insights and analysis for businesses to optimize their growth strategies. It covers market drivers, challenges, and opportunities. The report includes a comprehensive analysis of market size, shares, revenues, trends, and development. It highlights limiting factors and regional presence that may affect growth

The Panama Canal Authority has extended daily transit and vessel restrictions due to continued drought conditions in the region. Vessel wait times have decreased in September, but with the end of the rainy season, it is unlikely that water levels will return to normal. The lower water levels have led

Forwarders are seeking alternative carriers after the merger of Forward Air with Omni Logistics has led them to view Forward Air as a competitor. Forwarders are concerned that Omni may gain access to their customer information and undercut them with aggressive pricing. Forward Air has attempted to reassure forwarders that

Compass Logistics & Marine LLC has announced Will Tamayo as their new Branch Manager. With 13 years of experience in freight forwarding operations and business development, Tamayo will focus on advancing the company's operational strategy and long-term success. Compass Logistics & Marine is a US customs broker and

Haze Hardy, Jr., a 73-year-old food service specialist with Logistics Readiness Center Stuttgart, has been living and working in Germany for nearly 55 years since his time in the Army. Hardy met his wife during his first tour of duty and decided to stay in Germany. He has been cooking

Röhlig Logistics' US business has obtained the IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification for its branches in Chicago and New York. Röhlig USA plans to expand the certification to other offices and countries in the future. The certification ensures compliance with safety obligations

Graphite One Inc. has received a $4.7 million contract from the U.S. Department of Defense's Defense Logistics Agency (DLA) to develop a graphite and graphene-based foam fire suppressant. The project aims to find alternatives to PFAS fire-suppressant materials, which are known to have toxic impacts. CEO

BroadRange Logistics, a warehousing and logistics firm, plans to launch a third-party logistics (3PL) warehouse focused on the solar industry. The warehouse will offer new services, including inventory financing and warehousing cost deferrals, tailored to solar and clean energy companies. With the expansion of tax credits for solar voltaic installation,