Logistics News in 60 Words - Traqo.io (Page 64)

Noatum Announces the Acquisition Agreement of Sesé's Finished ...

AD Ports Group, a global logistics facilitator, has announced that its subsidiary Noatum will acquire Sesé Auto Logistics, the Finished Vehicles Logistics business of Grupo Logístico Sesé, for EUR 81 million. The acquisition is expected to be completed by Q1 2024 and will strengthen Noatum's position in the

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L'Osteria logistics hub is driving a bright new future

Germany-based Italian food franchise chain L'Osteria faced its darkest day on March 20, 2020, when it had to close all its restaurants across Europe due to the pandemic. However, instead of being defined by the closures, L'Osteria quickly adapted and reopened delivery and pick-up channels within

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US warehouse boom continues with new Chicago, Dallas facilities

Lineage Logistics and Ryder System are expanding their warehousing and distribution space, highlighting ongoing demand despite low freight demand and slow economic growth. Efforts to reduce greenhouse gases emitted by trucks and trains are underway, with various technologies being tested. The chairman of the Federal Maritime Commission is working to

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Becker Logistics is Winning With a New Beginning

Becker Logistics has transitioned its financing facility from Bank of America to Wintrust Bank. The CEO, Jim Becker, expressed gratitude towards Bank of America and referred to the transition as an opportunity for new beginnings. Becker and CFO Tim McKean believe that partnering with Wintrust will support the company'

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Pakistani ecommerce logistics startup Rider looking to acquire BlueEx

Pakistani ecommerce logistics startup Rider, backed by YCombinator, is considering acquiring BlueEx, the only listed Express Courier Logistics Company in Pakistan. This potential acquisition would be the first of a listed company by a startup and the first major acquisition on Pakistan's Growth Enterprise Market board. Rider aims

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Copen United on How Important Logistics and Global Services Are ...

Clothing brands and retailers are under pressure to provide fast delivery times for online fashion and denim orders. Companies with a strong logistics infrastructure have an advantage in meeting these demands. Copen United, a supplier of pocketing qualities to various customers for over 75 years, offers quick response and efficient

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U.S. Navy Awards Sev1Tech $45 Million Contract for Logistics IT ...

Sev1Tech has been awarded a $45 million contract with the U.S. Navy's Program Executive Office for Manpower, Logistics and Business Solutions (PEO MLB) to provide Logistics IT integration and support services. Over the next five years, Sev1Tech will integrate Naval Logistics IT capabilities into an end-to-end System

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Forging the Future: How Advanced Manufacturing Is Revolutionizing ...

The United States Marine Corps is utilizing advanced manufacturing systems to overcome logistical challenges on the modern battlefield. The Marine Corps Systems Command's Advanced Manufacturing Systems team is working to develop 3D printing technology that can create essential components on the frontline, leading to increased agility and responsiveness

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How logistics games helped me understand the supply chain crisis

The author discusses their fascination with logistics games, which involve managing resources and automating processes in factories. They mention how playing these games in 2019 helped them understand the real-world logistics system, especially when it faltered during the pandemic. Despite not being hyper-realistic simulations, the games mirrored the challenges of

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HUMAN Disrupts Digital Supply Chain Threat Actor Scheme ...

HUMAN Security has disrupted a series of cybercriminal operations involving backdoored off-brand Android devices. The scheme, dubbed BADBOX, utilized Triada malware to infect devices during the supply chain process in China. The infected devices are able to steal personal information and engage in various fraudulent activities. HUMAN also uncovered an

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REI Wants to Electrify Its Supply Chain, Starting With Socks

REI Co-op, an outdoor retailer, has committed to achieving 100% renewable energy in its supply chain. The company has received approval from the Science Based Target Initiative for its net-zero targets. REI plans to reduce its greenhouse gas emissions by 47% by 2030 and help key suppliers set their own

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EY report finds cracks in pharma supply chain operations

Ernst and Young's report highlights the importance of supply chain visibility for pharmaceutical resilience. The industry has faced global drug shortages due to supply chain issues. The report suggests that increasing visibility can reduce costs and improve operational efficiency. It advises companies to analyze their operations and utilize

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Japan courts Canada, Australia for Chinafree EV supply chain

Japan is turning to Canada and Australia for essential materials for electric vehicle batteries to reduce dependence on China. However, Japanese companies are facing tough competition from South Korean rivals who have already established connections in these countries. Additionally, resource-rich nations like Indonesia and Chile are restricting the export of

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67% of Small Business Owners Foresee Revenue Increasing Over ...

A Bank of America report reveals that 67% of small business owners in the US expect their revenue to increase in the next year, despite inflation and high operating costs. The study surveyed over 1,000 business owners and highlighted concerns and outlooks of women, Black, Hispanic-Latino, and Asian American

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NFI announces battery pack supply agreement with American Battery Systems, increasing the resiliency of NFI’s North American battery supply chain

NFI Group Inc., a leading bus and coach manufacturer, has partnered with American Battery Solutions (ABS) to supply custom battery packs for NFI's battery-electric buses in North America. The partnership aims to increase capacity and add resiliency to NFI's battery supply. ABS will act as a

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Cantwell Opening Statement During CHIPS and Science ...

U.S. Senator Maria Cantwell delivered an opening statement at a hearing on the implementation of the CHIPS and Science Act, which authorized $250 billion for American manufacturing, research, development, job creation, and workforce training. The Committee heard from U.S. Secretary of Commerce Gina Raimondo and National Science Foundation

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US takes aim at China companies, executives over fentanyl supply chain

US authorities have charged and sanctioned numerous Chinese companies and executives for supplying chemicals used in the production of fentanyl. The move is part of the US government's efforts to combat the deadly opioid crisis in the country, which resulted in over 100,000 overdose deaths in 2022.

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Tire Logistics Market 2031 Business Insights with Key Trend Analysis | Leading Companies Kuehne + Nagel, UP...

Global "Tire Logistics" Market Trends and Insights is a new study available on Orbisresearch.com. The report analyzes the current state, trends, challenges, and prospects of the Tire Logistics market. It includes market overview, key players, market segmentation, growth factors, competitive landscape, technological advancements, and consumer behavior. The

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Catena completes €40m takeover of Swedish logistics developer

A property group has acquired all shares in Bockasjö and its subsidiaries. Greystar has secured funding for a 391-home build-to-rent (BTR) development in Staines. The HS2 high-speed train project has halted £12bn in development. Aviva Capital Partners has gained a new mandate. Long Harbour has agreed to fund a BTR

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Refrigerated Transport Market 2031 Key Insights and Leading Players Americold Logistics, SSI SCHAEFER, Pref...

Global "Refrigerated Transport" Market Trends and Insights is a new study available on Orbisresearch.com. The study provides a comprehensive analysis of the Refrigerated Transport market, including its current state, trends, challenges, and prospects. It covers various subheadings such as market overview, key players, market segmentation, growth factors,

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Top 5 storylines to follow for Bills vs. Jaguars in London

The Buffalo Bills are gearing up for their Week 5 matchup against the Jacksonville Jaguars in London, which will be the first time head coach Sean McDermott coaches a game in the city. The team will spend most of the week preparing in Orchard Park before flying out on Thursday.

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Fnac Darty and CEVA Logistics sign agreement to create a joint ...

Fnac Darty and CEVA Logistics have agreed to create a joint venture called Weavenn, focused on e-commerce logistics and the SaaS Marketplace market. The venture aims to be a major player in Europe, offering integrated services for marketplace management, direct sales, and omnichannel delivery. The partnership combines Fnac Darty'

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Spare Part Logistics Market 2023 Growth Drivers and Future Outlook | Top Brands CEVA Logistics, FedEx, Kueh...

A new study called "Global Spare Part Logistics Market Trends and Insights" explores the current state, trends, and challenges of the spare part logistics market. It provides a comprehensive analysis using qualitative and quantitative approaches. The study covers various topics such as market overview, key players, market segmentation,

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Data is essential for decarbonising supply chain logistics

Trucking in automotive supply chains contributes up to 11% of global greenhouse gas emissions, according to a study by the Massachusetts Institute of Technology. Medium- and heavy-duty commercial vehicles have a high environmental impact relative to fleet sizes, representing a small percentage of vehicles but a large percentage of emissions.

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Volvo Defense enters 7year framework agreement for deliveries of ...

Volvo Defense, a business operation within Volvo Trucks, has signed a framework agreement with the Estonian Centre for Defence Investments and the Ministry of Defence of Latvia. Volvo will deliver logistic trucks to Estonia and Latvia as part of the agreement, with a total value of approximately 440 million Euro.