Logisitcs US - Traqo.io (Page 6)

State of the Ports: South Carolina 'a powerful alternative gateway'

South Carolina Ports President and CEO Barbara Melvin announced plans to add 2 million TEUs of capacity at the Port of Charleston. The modernization of the North Charleston Terminal will make it comparable to the Wando Welch Terminal. With investments in port infrastructure and enhanced cargo-handling equipment, SC Ports aims

Logisitcs US

XPO Logistics, Inc. (NYSE:XPO) Q3 2023 Earnings Call Transcript

XPO Logistics, Inc. reported EPS of $0.88 for Q3 2023, beating expectations of $0.63. The company's revenue grew to $2 billion, with adjusted EBITDA reaching $278 million, a 6% increase from the previous year. XPO highlighted improvements in customer service, with a claims ratio for damages

Logisitcs US

Bankruptcy court OKs Yellow liquidation plan for trucks, trailers

Bankruptcy court in Delaware has approved plans for the auctioning of bankrupt less-than-truckload carrier Yellow Corp.'s rolling stock. Ritchie Bros. Auctioneers, IronPlanet Canada Ltd., and Nations Capital will handle the sale of Yellow's 12,700 tractors and 42,000 trailers. Yellow's fleet is of

Logisitcs US

Wagner Logistics Celebrates 1 Million Hours Without Lost Time Injury

Wagner Logistics, a leading supply chain management provider, has achieved 1 million hours without a lost time injury. The company hosted a celebration to recognize this milestone and highlight its commitment to safety. With the warehouse industry being one of the most dangerous, Wagner Logistics sets an example for workplace

Logisitcs US

BAT Germany Selects Arvato as Vape Logistics Provider

BAT Germany has chosen Arvato as its e-commerce logistics partner for its e-cigarette and heated tobacco products. Arvato operates a distribution center in Marienfeld that provides comprehensive logistics services for BAT Germany, including order processing and returns management. Arvato aims to deliver within 48 hours and has integrated automation technology

Logisitcs US

Training for AMLC logisticians helps bolster medical support to ...

The U.S. Army Medical Logistics Command (AMLC) is working with product managers to ensure the supportability of medical devices throughout their life cycles. This includes determining maintenance checklists, necessary test equipment, and common repair parts. As an example, AMLC recently coordinated training on the new Expeditionary Deployable Oxygen Concentration

Logisitcs US

Kenco buildingout logistics center at Park 295 | Jax Daily Record

Logistics company Kenco is constructing a warehouse in Northwest Jacksonville as part of its expansion plans. The facility, located at Park 295 Industrial Park, will include a multilevel charging rack for battery distribution. Kenco's customer in the durable consumer products industry is undergoing a supply chain transformation to

Logisitcs US

Affinius Capital Originates $102 Million Construction Loan for Tac ...

Affinius Capital LLC has provided a $102 million loan to finance the construction of phase two of Tac-Pal Logistics Center in Palmyra, NJ. The project, a 700,000-square-foot industrial building, is being developed by Crow Holdings Capital (CHC) and will offer 40-foot clear heights and a cross-dock building configuration. The

Logisitcs US

AFS Logistics named a top employer for women in transportation for ...

AFS Logistics has been recognized as a Top Company for Women to Work For in Transportation by the Women in Trucking Association (WIT) for the third year in a row. Women make up 55% of AFS's team, compared to the industry average of 41%. The company supports women

Logisitcs US

Logistics firm Infra renews permit for works...

Brazilian state-run logistics company Infra has renewed its environmental permit for widening works on the BR-040 highway. The permit covers 900km of the road between Brasília and Juiz de Fora and is valid for six years. The renewal allows the company that takes over the concession contract to move forward

Logisitcs US

ESP Logistics Technology has Entered into a LongTerm Strategic Agreement with Honeywell to Sell ESP’s Aviation Platform

ESP Logistics Technology has entered a multi-year agreement with Honeywell to provide its advanced aircraft mapping and tracking software suite, ESP Aviation, to Honeywell's Sky Connect Tracker customers. Honeywell customers will now have access to a seamless user experience to track and communicate with their aviation assets globally.

Logisitcs US

Coyote Logistics Joins the TriumphPay Payments Network

TriumphPay has added Coyote Logistics to its open payments network, which now has over 30 of the top 50 US brokers as clients. Coyote Logistics joins the network to provide faster and more reliable payment processes for carriers in its network. TriumphPay's payments network offers additional data insights,

Logisitcs US

JD LOGISTICS Becomes Partner of KUAISHOUW for Largescale E ...

JD Logistics has announced its partnership with Kuaishou, offering logistics support and delivery services during the upcoming Kuaishou Double 11 Shopping Festival. Short selling data and stock quotes are given, but are not relevant to the partnership announcement. Source: Link Frequently Asked Questions Q: Is it true that JD Logistics

Logisitcs US

Richest Billionaires in Logistics Industry (October 30, 2023)

Klaus-Michael Kuehne is currently the wealthiest person in the logistics industry with a net worth of $28.7 billion, as of October 30, 2023. Following him is Rafaela Aponte-Diamant with $26.9 billion, Gianluigi Aponte with $26.9 billion, and John Fredriksen with $13.8 billion. The rest of the

Logisitcs US

AGL appoints Gilles Duffaut as director of international logistics

Gilles Duffaut has been appointed as the new director of international logistics development for Africa Global Logistics (AGL). Along with Eric Melet, CEO of logistics and rail solutions, he will work on developing AGL's international network. The appointment aims to strengthen relationships between AGL's African network

Logisitcs US

Economic Watch: Robust transportation, logistics data reflect China's ...

China's transportation and logistics sectors have seen strong growth due to pro-growth policies and increased consumption. From January to September, inter-regional passenger traffic rose by 31 percent, with civil aviation trips showing the largest growth. The courier sector also experienced rapid growth, exceeding 100 billion parcels earlier than

Logisitcs US

Fraunhofer's highspeed logistics robots may steal humanoids' thunder

Fraunhofer Institute has developed two logistics robots, the evoBOT and O³dyn, which have the ability to perform tasks in warehouses and factories more efficiently and quickly than humanoid robots. The evoBOT, a self-balancing two-wheeled robot, can reach speeds of up to 60 km/h and lift up to 65

Logisitcs US

J&T Express makes HKEX debut, a milestone in its journey towards ...

J&T Global Express Limited, a global logistics service provider, has officially listed on the Hong Kong Stock Exchange. The company raised HK$3.528 billion through its IPO, with plans to use the funds to expand its logistics network and improve infrastructure in Southeast Asia and other markets.

Logisitcs US

Insider Sellers Might Regret Selling Universal Logistics Holdings Shares at a Lower Price Than Current Market Value

Universal Logistics Holdings, Inc.'s stock price has dropped 10% in the previous week. Insiders sold $366m worth of stock in the past year at an average price of $25.60, lower than the current share price. The Chairman, Matthew Moroun, made the largest insider sale. Insider transactions suggest

Logisitcs US

Comments on: Symbolism: 'logistics' in a world at war

A Pentagon video contrasting the Russia-Ukraine conflict with the Gaza situation has sparked debate about how we should ethically think about these events. Politics influence supply chain considerations, particularly with regard to freight rates in air and ocean, which are currently depressed. A subscription is required to access the full

Logisitcs US

New border bridge and logistics hub in the p...

Northern Mexico's Tamaulipas state is attracting investments in energy and logistics, despite ongoing security issues related to drug trafficking. President Andrés Manuel López Obrador highlighted the potential for exploration and production, liquefied natural gas, wind farms, and industrial hubs in the region. Tamaulipas is set to collaborate with

Logisitcs US

Gebrüder Weiss Takes Over amm logistics in Konradsreuth

Gebrüder Weiss, the oldest transport company in the world, has announced its acquisition of the Konradsreuth location from the forwarding company Amm. The purchase will integrate the location into Gebrüder Weiss' German general cargo cooperations and international network, benefiting trade and industry sectors in the region. The acquisition is

Logisitcs US

Global logistics news roundup: Zeigler, UPS, Etihad Cargo

Global logistics provider Ziegler Group has partnered with Crystal Palace for a three-year sponsorship deal. With over 3,200 employees and a global network of 156 branches, Ziegler will be the club's official logistics partner. UPS reported a 12.8% decrease in third-quarter revenues compared to last year,

Logisitcs US

Cost control keeping contract logistics operators on the right road

French contract logistics operator ID Logistics reported a 9.7% increase in revenue for Q3, reaching €696m ($738m), highlighting the strength of the sector compared to declining ocean freight rates. The company's revenue for the first nine months also rose by 10.1% to €1.98bn. ID Logistics

Logisitcs US

Unique Logistics International Reports Fiscal First Quarter Financial ...

Global logistics and freight forwarding company, Unique Logistics International, Inc., announced its first fiscal quarter results. The company experienced a market slowdown due to a decline in shipping activity, particularly in the air freight sector. Despite the challenges, Unique Logistics sustained growth initiatives and held EBITDA close to breaking even.