Logistics News in 60 Words - Traqo.io (Page 45)

ParcelPal Logistics Announces Adding 20 Electric Delivery Vehicles to its Fleet in the United States Increasing Productivity and Efficiency

ParcelPal Logistics Inc. has acquired 20 electric delivery vehicles in the United States, with the goal of having 50% of their delivery fleet comprised of electric vehicles by the end of 2024, and fully electric by the end of 2026. The use of electric vehicles has resulted in increased productivity

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MercadoLibre boosts logistics, readies new centers in Brazil and ...

MercadoLibre, the Latin American e-commerce giant, is focusing its investments on the logistics category. The company plans to open new warehouses and distribution centers in Brazil and Mexico to enhance its fulfillment capabilities. In Brazil, MercadoLibre opened a regional fulfillment center in Rio de Janeiro and expanded a facility in

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GLS Announces Partnership with BetterMile to Revolutionize Last ...

Parcel and freight transportation leader GLS has announced a partnership with last-mile logistics provider BetterMile. The collaboration aims to enhance GLS's delivery operations by integrating BetterMile's technology, offering customers faster and more reliable services. GLS brings its logistics heritage and experience to the partnership, while BetterMile

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Bye, DOL! Hello LOGCOM!

The Director of Operational Logistics (DOL) of the Coast Guard has been renamed the Operational Logistics Command (LOGCOM). LOGCOM is expanding and will establish new bases in Guam, St. Louis, Borinquen, and North Bend. It has command authority over all Coast Guard bases for mission support during contingencies, steady state

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Palladium Equity Partners Acquires Source Logistics

Private equity firm Palladium Equity Partners has acquired a majority stake in Source Logistics, a provider of third-party logistics services to the consumer goods sector, with a focus on Hispanic food and beverage brands. Source Logistics operates 12 facilities across four states and was founded in 1999. Palladium believes the

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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,

supply chain US

Large Warehouses Embrace Automation: Driving Growth in the ...

The global smart warehousing market is expected to reach USD 40.5 billion by 2028, with a compound annual growth rate (CAGR) of 14.6%. Factors driving this growth include the rise of multi-channel distribution networks and a focus on sustainability in logistics operations. The market offers opportunities in various

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Apple unveils new MacBook Pro featuring M3 chips

Apple has announced its new MacBook Pro lineup featuring the M3 family of chips. The 14-inch MacBook Pro with M3 starts at $1,599 and offers improved performance and capabilities for everyday tasks, pro apps, and games. The 14- and 16-inch models with M3 Pro and M3 Max provide even

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McDonald’s revenue climbs 14% as price hikes boost U.S. sales

McDonald's reports better-than-expected earnings and revenue for Q3, with price increases offsetting a decline in traffic to US restaurants. The company's strategic pricing and marketing campaigns, as well as digital and delivery orders, contributed to sales growth, while remaining competitive in terms of affordability and value.

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Gov. McKee, DEM Announce Availability of Over $1.5M in Grants to ...

Governor Dan McKee of Rhode Island has announced over $1.5 million in funding for projects that support the expansion of local food production and distribution. The Resilient Food Systems Infrastructure (RFSI) Funding will be available for activities including processing, storage, and transportation of specialty crops, dairy, grains, and aquaculture.

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Attacks on U.S. child labor laws increase as violations skyrocket

Child labor violations are on the rise in the United States, with Republican governors and GOP-controlled legislatures rolling back protections. States like Arkansas and Iowa have passed laws that allow younger children to work longer hours and in hazardous conditions. In response, Senators Bob Casey and Patty Murray have introduced

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Conditions Ripe for Wildfires Out West; Get Ready Now

Strong winds and dry vegetation in California and southwestern states have led to red flag fire warnings. The American Red Cross has provided steps for people to prepare for potential wildfires. Strong winds and dry conditions are also causing critical fire conditions in Nevada and Arizona. People are advised to

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Native American populations are ‘invisible’ to banks. That needs to change

Dawson Her Many Horses, head of Native American banking for Wells Fargo, discusses the generational wealth gap and lack of economic data in Native American communities. He emphasizes the importance for banks to work with tribal communities, citing Wells Fargo's banking relationships with one-third of federally recognized tribes

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Mining unions prioritize building power along critical minerals ...

The IndustriALL mining sector held global meetings discussing the mining industry and the impact on workers and unions. They focused on critical raw materials for clean energy technologies and the responsibility of trade unions to organize workers in emerging sectors. The demand for these materials is increasing, leading to more