Contract logistics provider GXO Logistics Inc. has announced its acquisition of PFSweb Inc. for $181 million. After the deal is closed in Q4, PFSweb will operate as a division within GXO and be removed from the Nasdaq Stock Exchange. PFSweb will benefit from GXO's scale, technology, and capital

Senior logistics leaders from 19 partner nations of the Western Hemisphere gathered in Florida for the Senior Leader Logistics Symposium (SLLS) organized by U.S. Southern Command (SOUTHCOM). The symposium aimed to promote logistics, interoperability, and cooperation among the participating countries. The event addressed the impact of climate change and

HelloFresh Group's brand, Factor, has opened a new facility in Goodyear, Arizona, to produce and ship ready-to-eat meals across the western US. The facility, which began operations two weeks ago, currently ships several thousand meals per day and aims to reach over 2 million weekly within a few

The global collaborative robot market is expected to grow at a CAGR of 41.3% from 2023 to 2031, reaching a valuation of US$ 33.95 billion in 2031. The demand for collaborative robots is rising in industries such as manufacturing, logistics, healthcare, and agriculture due to their cost-effective and

Werner Enterprises, a transportation and logistics provider, has been recognized as one of America's Greatest Workplaces by Newsweek. The distinction is based on a national survey of over 380,000 company reviews and recognizes Werner's commitment to its employees. The survey ranked companies in eight categories,

The US Department of State has imposed further sanctions on Russia in response to its war on Ukraine. 37 entities involved in expanding Russia's energy production and future export capacity have been designated, along with two related vessels. These designations include entities and individuals involved in key energy

Blackstone and 16 real estate companies are teaming up with CoreGiving to support local food banks and fight childhood hunger. More than 2,200 volunteers will participate in CoreGiving Day on October 5th, aiming to provide meals to those in need. CoreGiving has already donated over 35 million meals and

Radiant Logistics reported higher earnings and lower revenues than expected. The company's earnings per share of $0.13 surpassed projections of $0.12, but profits fell 68% compared to the previous year. Revenue of $232.2 million missed estimates by $18.6 million, with a negative growth rate

Irving-based e-commerce order fulfillment provider PFSweb has agreed to be acquired by GXO Logistics for $181 million. PFSweb specializes in health and beauty, fashion, apparel, jewelry, and consumer packaged goods, with notable customers including L'Oréal and Pandora. The deal, which pays PFSweb shareholders $7.50 a share in

The possibility of a tournament between Conmebol and Concacaf has generated excitement among soccer fans in the Americas. However, there are several logistical challenges that need to be overcome, such as the vast distances teams would have to travel and the issue of different time zones. Accommodation, transportation, and stadium

Mumbai-based logistics SaaS startup Kale Logistics has raised $30 million in a Series B funding round led by Creaegis Advisors. The funds will be used to develop and deploy Cargo Community Systems to transform global logistics. Kale offers software solutions for the logistics industry, including its flagship product, the Cargo