Logisitcs US

A collection of 647 posts

Logisitcs US

Mishimoto Partners with Redwood Logistics for Seamless TMS ...

Mishimoto, a global leader in performance cooling products, faced a challenge when their provider changed. They turned to Redwood Logistics for a solution to ensure continuity in their operations. Redwood set up a transportation management system and launched operations at two locations in just two weeks, preventing disruptions in client

Logisitcs US

Borderlands: US mulls terminating tomato trade agreement with Mexico

The U.S. Department of Commerce is considering terminating a tomato trade agreement with Mexico after a monthlong comment review period. The debate centers around allegations that Mexico-based growers are selling tomatoes at lower prices, undercutting the U.S. market. Florida growers have been pushing for stricter restrictions on Mexican-grown

Logisitcs US

Netlogistik Hosts 2023 Innovation Day, Introducing the Latest Supply ...

NetLogistik, the leader in supply chain digital transformation, will host Innovation Day 2023 on November 8th in Grapevine, TX. The conference will focus on the latest supply chain and logistics innovations, featuring speakers from industry pioneers and panels on topics such as automation, AI, and sustainability. Attendees will have the

Logisitcs US

Smart Reads of the Week: United Overseas Bank, Keppel Ltd, iFAST ...

The final earnings season of 2023 has begun, with several companies announcing their financial results. United Overseas Bank reported resilient numbers with a slight dip in net interest margin. Keppel Ltd focused on renewables and sustainable urban developments. iFAST Corporation had a blowout performance thanks to its Hong Kong ePension

Logisitcs US

Saia leads LTL field with an 'on average' general rate increase of 7.5%

Saia, the ninth-largest less-than-truckload (LTL) carrier in the US, has announced a general rate increase (GRI) on LTL and truckload shipments, effective from December 4, 2023. The increase is expected to cost shippers an average of 7.5%, and selected accessorial and minimum charges will also be impacted. This announcement

Logisitcs US

Richest Billionaires in Logistics Industry (October 27, 2023)

Klaus-Michael Kuehne is the richest person in the logistics industry with a net worth of $29.5 billion. Rafaela Aponte-Diamant, Gianluigi Aponte, and John Fredriksen rank second, third, and fourth respectively. Rodolphe Saadé, Jacques Saadé Jr, and Tanya Saadé Zeenny hold the fifth, sixth, and seventh positions. Enrique Razon Jr,

Logisitcs US

South Africa's Transport and Logistics Trends 2023: New ...

The "Transport and Logistics Trends in South Africa 2023" report highlights the importance of South Africa's transport infrastructure to its commercial activity and economic performance. Despite outpacing economic growth, the sector faces challenges such as a lack of maintenance and investment in infrastructure, resulting in high

Logisitcs US

City brings added value to trade and logistics

Hong Kong's economy heavily relies on trade, with exports and imports accounting for 384 percent of its GDP in 2022. However, recent global challenges such as the COVID-19 pandemic, the war in Ukraine, and the US-China strategic standoff have caused disruptions in the global supply chain. As a

Logisitcs US

Sterling launches aerospace logistics service for airline operators

Sterling, a Kuehne+Nagel company, has launched a global aerospace service in Seattle, Washington to expedite aircraft part deliveries. The service, operating 24/7 from a logistics hub, offers secure and fast solutions with comprehensive protocols to ensure shipment integrity. The new shuttle service aims to minimize maintenance periods and

Logisitcs US

Weekend Interview: Mirastar CEO And CoFounder Ekaterina ...

Ekaterina Avdonina, CEO and co-founder of Mirastar, a European logistics specialist, discusses her journey in real estate and the logistics industry. Avdonina's upbringing in Kazakhstan during the collapse of the Soviet Union and her love for science and space shaped her career path. She explains how E-commerce influenced

Logisitcs US

ITS Logistics US Port/Rail Ramp Freight Index points to smooth ...

According to the October edition of the ITS Logistics US Port/Rail Ramp Freight Index, ports are operating smoothly with no major disruptions, and the trucking market is experiencing more capacity leaving than entering. The index provides forecasts for port container and dray operations in the Pacific, Atlantic, and Gulf

Logisitcs US

Saudi Arabia's new mega city NEOM: Freshfields advises on $10bn ...

Global law firm Freshfields Bruckhaus Deringer has advised DSV on a $10 billion exclusive logistics joint venture to support projects in NEOM, Saudi Arabia. The partnership will focus on providing logistics services and driving innovation in sustainable logistics solutions. The joint venture is a significant step towards NEOM's

Logisitcs US

More casualties expected, with US trucking on a 'road of pain'

The collapse of Yellow Freight and the overall devastation in the truckload sector is causing concern. Truckers are going out of business due to shrinking demand, increased costs, and overcapacity pushing rates down. The US Federal Reserve attributes the decline in freight activity to excess capacity, weak exports, and fewer

Logisitcs US

Henning Larsen designs Europe's largest mass timber logistics ...

Henning Larsen has revealed designs for a new mass timber logistics center project in Lelystad, the Netherlands. The project includes a restaurant, roof garden, and terrace for employees. It aims to retain 40% of the site for landscaping and wildlife habitats and increase overall biodiversity. The construction is driven by

Logisitcs US

Netlogistik Hosts 2023 Innovation Day, Introducing the Latest Supply Chain and Logistics Innovations

NetLogistik, a leader in guiding companies towards digital supply chain transformation, will host Innovation Day 2023 on November 8 in Grapevine, TX. The conference aims to educate businesses on the latest supply chain innovations and features speakers from industry pioneers such as Arcadia Cold, Blue Yonder, and CJ Logistics. Attendees

Logisitcs US

Global logistics news roundup: Cainiao, UPS, PayPal & Maersk

Cainiao Group, the logistics arm of Alibaba, has partnered with Taobao and Tmall to launch a cross-border logistics service called Taobao PLUS. The service will provide free shipping, free returns, and tax-free services to consumers in Hong Kong, Macao, Taiwan, Singapore, and Malaysia. UPS plans to acquire Happy Returns, a

Logisitcs US

Ports and Logistics Chile EN | The Netherlands and Chile

The Netherlands is calling for an international partnership to promote a sustainable blue economy and protect the health of oceans and seas. The country, known for its expertise in maritime matters, is eager to share its knowledge and collaborate with other nations to find solutions to complex challenges. In January

Logisitcs US

Link Logistics Provides Third Quarter 2023 Update

Last-mile industrial real estate company Link Logistics reported strong third-quarter performance with leasing spreads of 57 percent, up from 52 percent in the prior quarter. The company executed 24.4 million square feet of leasing and added $754 million of high-quality assets to its portfolio. Link Logistics owns or has

Logisitcs US

Logisyn Represents RS Express in Acquisition by Point Global ...

Logisyn Advisors has announced its role as the exclusive sell-side advisor to RS Express, Inc in their successful acquisition by Point Global Logistics. This acquisition will strengthen both companies' positions in the industry and provide increased resources and service offerings to their clients. RS Express is a full-service global

Logisitcs US

Comments on: Discipline + NEOM: Kuehne comfortably wins over DSV

Swiss logistics company Kuehne + Nagel (K+N) reported a significant decrease in sales and earnings, with underlying earnings falling by 65% to Sfr364m. The company also issued a reminder about its delivery for Saudi Arabia's NEOM project. K+N's performance in EMEA and the Americas was

Logisitcs US

Clinical Trials Supply & Logistics Market To Reach USD 7.4 Billion ...

The global clinical trials supply & logistics market is projected to reach USD 7.4 billion by 2032, growing at a CAGR of 7.2%, according to DataHorizzon Research. The market growth is driven by increased clinical trials, biosimilar drugs, biologics, and temperature-sensitive medications. The demand for clinical trials and

Logisitcs US

NY Air Guard's 109th Airlift Wing Supports Antarctic Science

The New York Air National Guard's 109th Airlift Wing has deployed five ski-equipped aircraft to Antarctica for U.S. Antarctic research. The wing will support the National Science Foundation's climate science research and supply missions to various science stations. The unique capabilities of the wing'

Logisitcs US

Richest Billionaires in Logistics Industry (October 25, 2023)

Klaus-Michael Kuehne is the richest person in the logistics industry with a net worth of $30.3 billion. He is followed by Rafaela Aponte-Diamant with $27.3 billion, Gianluigi Aponte with $27.3 billion, and John Fredriksen with $13.8 billion. Others on the list include Rodolphe Saadé, Jacques Saadé

Logisitcs US

Covenant Logistics Group Announces Third Quarter Financial and ...

Covenant Logistics Group, Inc. has announced its financial and operating results for the third quarter of 2023. Despite a challenging freight market, the company reported earnings of $0.99 per diluted share. The asset-based segments contributed more to revenue and income compared to the asset-light segments. The Expedited segment saw

Logisitcs US

Study: Warehousing & logistics industry torn about automation

Less than half (45.6%) of warehouse and logistics leaders view automation as necessary in the next five years, according to a study by ProGlove. The research found that just over a third (36.1%) of companies are currently using warehouse automation technology, with an additional 30% currently undertaking automation