Logistics News in 60 Words - Traqo.io (Page 38)

Kuehne+Nagel acquires Candian customs broker Farrow | CSCMP's ...

Swiss freight forwarder Kuehne+Nagel has acquired Canada-based customs broker Farrow to expand its offering in North America. Farrow has 830 employees in 41 locations and expertise in international trade, customs solutions, and logistics. The terms of the deal were not disclosed. Kuehne+Nagel says the acquisition will accelerate its

supply chain US

U.S. Sales of Toys and Games Down Through 2023

Sales of games and toys in the U.S. have decreased by 8% in the first nine months of 2023 compared to the same period last year, according to market research firm Circana. Imports of toys and games have also significantly dropped this year, leading to a decline in sales

supply chain US

AWSAnnouncesFourNewCapabilitiesforAWSSupplyChain

Amazon Web Services (AWS) has announced four new capabilities for AWS Supply Chain at the AWS re:Invent event. These capabilities include specialized models for accurate forecasting, improved visibility with multiple tiers of suppliers, sustainability measures for collecting carbon emissions data, and a generative AI assistant for risk assessment. This

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USDOT Launches New Multimodal Freight Office

President Biden and US Transportation Secretary Pete Buttigieg have announced the launch of the Office of Modal Freight Infrastructure and Police (Multimodal Freight Office) as part of efforts to strengthen the nation's supply chains. The office will be responsible for overseeing the maintenance and improvement of the freight

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U.S. and Canada's construction industry poised for growth

Browse commercial properties for sale or lease that fit your unique needs. Find investment properties to expand your portfolio. Access solutions for managing lease events and negotiating terms. Explore real estate technology and sustainability solutions from JLL. Stay updated with market trends and news. JLL arranges financing for multi-housing projects

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Forced labour, trade cast shadow on Biden's US supply chain plan just

The US apparel sector supports President Biden's efforts to strengthen supply chains through the White House Council on Supply Chain Resilience. However, concerns persist regarding his stance on global trade policies and addressing domestic forced labor. President Biden has unveiled nearly 30 measures aimed at bolstering supply chains,

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COLUMN: Resilient Supply Chains Reduce Homeland Security Risk ...

Supply chain incidents, including cyber attacks and other risks, are now considered top homeland security concerns. Cybersecurity analytic firms report an increase in supply chain attacks, ranking among the top methods adversaries use to access networks. Recent examples include the SolarWinds breach and the Colonial Pipeline cyber attack. However, other

supply chain US

Shein's IPO raises fresh questions on alleged forced labor in its ...

China-based e-commerce giant Shein is facing scrutiny from U.S. lawmakers as it files for an IPO in New York. Critics are concerned about potential forced labor in the production of Shein's low-priced clothing and home goods, particularly in China's Xinjiang region. Shein has previously stated

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How the US is leveraging its spending power to strengthen supply ...

White House advisor Susan Helper emphasizes the importance of procurement tactics in bolstering supply chains. She points to examples such as creating demand signals and leveraging the government's influence over legislation and purchasing power. Helper also highlights the need for a combination of subsidies and long-term signals to

supply chain US

Taiwanese Tesla supplier Hota retools supply chain with first US ...

Taiwan-based auto parts manufacturer Hota Industrial is investing $99 million in a plant in New Mexico, marking its first facility outside of Asia. The move is in response to soaring shipping costs during the pandemic and concerns about supply chain security. Hota's CEO, Holly Sheng, stated that the

Logisitcs US

FMCSA issues final rule requiring $75000 bond for brokers for claims

The Federal Motor Carrier Safety Administration (FMCSA) has released a final rule called "Broker and Freight Forwarder Financial Responsibility." The rule aims to address concerns of non-payment by brokers and trustees, ensuring that carriers receive timely payment for their services. Under the rule, brokers' operating authority may

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Industrial Development Briefs: Plastic Express, Thorold Multimodal ...

Logistics company Plastic Express has signed a lease at the CSX-served Central Port Logistics Center in Savannah, Georgia, which will support Georgia Ports Authority's export capability. The facility, which will open in June 2024, will provide packaging, warehousing, and storage capacity. Plastic Express and CSX plan to export

Logisitcs US

What If Amazon Delivered Everything You Order From Anywhere?

Amazon is continuing to expand its dominance as a private carrier in the United States, surpassing FedEx in 2020 and expected to surpass UPS in 2022. The company is rapidly building a massive logistics operation, with over 200,000 delivery drivers and 500 million square feet of warehouse space. Amazon

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Major Polish Cargo Operator Selects CTPark Gdańsk Port as New HQ With 10Year Logistics Lease Totalling 21,000 sqm

CTP, Europe's largest industrial and logistics property developer, has signed a 10-year lease with Polish cargo operator Morska Agencja Gdynia (MAG) for a space of 21,000 sqm at the CTPark Gdańsk Port logistics park in Poland. MAG will integrate its existing warehouse space into one location, optimizing

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Robotics & Automation Award Win for Synergy Logistics

Synergy Logistics has won the Industry 4.0 category at the Robotics & Automation Awards 2023 for their multi-agent orchestration software, SnapControl. SnapControl streamlines automation devices and robotic systems in warehouses, offering a complete data picture for labor savings and real-time asset management decisions. The software allows companies to rapidly

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CLS Americas Selects Quest International to Provide Aftermarket Service and Logistics Operations for TRANBERG Laser Ablation System

Clinical Laserthermia Systems Americas (CLS) has partnered with aftermarket technical service provider Quest International to provide service and logistics operations for the US market. Quest will offer white glove service management, including field services and warehouse support, for CLS's TRANBERG Thermal Therapy System, a medical device used in

Logisitcs US

Kuehne+Nagel to acquire Canadabased customs broker Farrow

Kuehne+Nagel, a leading global logistics provider, has announced its acquisition of Farrow, a prominent Canada-based customs broker. The acquisition will enhance Kuehne+Nagel's customs clearance services, supporting the growing demand in complex international trade regulations. Farrow, with its longstanding reputation and extensive expertise, will become a fully

Logisitcs US

Wagner Logistics Appoints Robert Fischer as Senior Vice President ...

Wagner Logistics has appointed Robert Fischer as Senior Vice President of Business Development. Fischer, a seasoned business executive, will lead the company's growth strategy and expand its customer network for comprehensive supply chain management services in the US. His extensive logistics experience and industry expertise will help Wagner

Logisitcs US

Governor Lee, Commissioner McWhorter Announce Axle Logistics ...

Axle Logistics, a 3PL company based in Tennessee, will invest $37.9 million to expand logistics operations at its Knoxville headquarters. The expansion will create 651 new jobs in Knox County over the next five years. Axle Logistics will construct an 85,000-square-foot facility adjacent to its existing operations. The

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Les Grands Chais de France (LGCF) inks international supply chain ...

LGCF, a global company with a turnover of 1.3 billion euros in 2022, is modernizing its supply chain processes by implementing a Warehouse Management System (WMS) and Warehouse Control System (WCS) at its sites. They also plan to introduce voice and gamification. Körber Business Area Supply Chain will be

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Top Supply Chain Execs to Watch in 2023: Exiger Government ...

Theresa Campobasso, a leader at Exiger Government Solutions, is educating customers on adopting a threat-based approach to supply chain risk management. She has implemented measures to improve internal processes and expand Exiger's supply chain risk management approach. In 2023, Campobasso will spearhead efforts to transform the way organizations

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Top Supply Chain Execs to Watch in 2023: GDIT's Nisa Moore

Nisa Moore, a leader in the supply chain industry, has been appointed to the board of directors for the Association of Supply Chain Management. Moore's team focuses on integrating innovation into vital supply chains and ensuring the procurement, management, and distribution of resources for U.S. embassies and

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Shein files for U.S. IPO as fastfashion giant looks to expand its global reach

Chinese fast-fashion retailer Shein has confidentially filed for an IPO in the U.S, with plans to expand globally. The company was last valued at $66 billion and could start trading by 2024. Shein's valuation is currently under debate among the company and advisors. A confidential filing allows

supply chain US

Warner, Rubio lead colleagues in call to reduce American reliance ...

Senate Select Committee on Intelligence Chair Mark R. Warner and Vice Chair Marco Rubio are urging action to secure the American supply chain and reduce reliance on the People’s Republic of China (PRC) for critical minerals. In a letter to the Biden administration, the senators emphasize the growing demand

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Sec. Pete Buttigieg: There's more work to be done on supply chains ...

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