E2open acquires Logistyx Technologies for $185M
Geoffrey Finlay, CEO of Chicago-based Logistyx Technologies, said joining E2open will “enable more companies to ship smarter.”
Geoffrey Finlay, CEO of Chicago-based Logistyx Technologies, said joining E2open will “enable more companies to ship smarter.”
The 315,000-square-foot cold storage development aims to serve the South Florida logistics market.
FreightWaves is covering the logistics-related fallout from Russia’s invasion of Ukraine from the air to the ground to the sea.
The Biden administration has outlined 62 policy initiatives affecting trucking, rail, and maritime in a one-year vulnerability assessment.
The industrial sector is one of the first that may see some signs of inflation abating.
ZF North America is increasingly counting on digitization of the supply chain to help it keep parts moving to customers.
ID Logistics’ all-cash purchase of the venerable 3PL expands its U.S. presence.
Strong revenue and EPS numbers spark an after-hours share rally.
Axle Logistics has spent the last 10 years perfecting its services and expects, in its second decade, to become a billion dollar organization, which it is projected to reach by 2024.
“Right now it seems like everyone is flying blind, then playing hot potato by giving it to the next party,” Kempisty said.
UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.
What today’s shippers look for in a logistics provider is rapidly shifting, and if they’re smart, so are those providers.
Because it costs more money than it’s worth to return the item to its vendor for reuse, returns often end up in landfills.
The U.S. government is monitoring for omicron-related disruptions “at ports overseas and at home,” according to port envoy John Porcari.
Small ports were one solution for big-port problems in 2021. Shippers that could find a vessel were able to get their cargo processed quickly by shifting to a secondary port.
The biggest, baddest space observatory ever built is ready to ride into space on Dec. 25. How did NASA safely deliver it to the launch site in South America?
From ocean shipping reform to vaccine mandates, the past year has been a backdrop for new and proposed government oversight and requirements affecting carriers and shippers.
CCO Sean Burke shares results from Echo’s recent survey on shipper sentiment for the RFP season.
Autonomy will ripple strongly through multiple modes, Lee Klaskow said during FreightWaves’ Domestic Supply Chain Summit.
The white paper tests a hypothesis that shippers struggle to move beyond green initiatives that coincide with what is also financially beneficial.
The container shipping surge shows no signs of letup, but the Southern California ports say they are slowly clearing out the backlogs.
Echo Global Logistics’ Jay Gustafson describes the best formula for managing transportation needs.
Parsyl extracts and transforms data into actionable insights for a particular commodity’s transportation network.
The success of a business depends on its ability to generate social and political support.
CEO Michelle Halkerston steps through Hassett Logistics’ leadership qualities that kept its network active in times of adversity.
The unit plans to add facilities in the Netherlands, Germany and Mira Loma, California.
One of the three new investors, D1, already has significant investments in logistics.
President Biden signed an executive order Monday outlining his administration’s priorities for guiding implementation of his $1.2 trillion infrastructure package.
The purveyor of wild-caught seafood avoids the use of airfreight, and relies on barge, truckload and parcel to hit its tight delivery commitments.
Convoy co-founder and CEO Dan Lewis sat down with FreightWaves CEO Craig Fuller for a fireside chat at Thursday’s F3 Virtual Experience.
The Gartner research VP will also share his views on data, AI and sustainability.
IT can help companies hit efficiency and sustainability objectives, DHL unit’s innovation leader says.
CEO Michelle Halkerston details Hassett’s transformation over the years into a robust and ever-evolving 3PL.
“The common agreement is that climate change is real and the need to act is now.”
The company expects record 2021 earnings and boosts its 2023 bottom line forecast by $700 million, to $9.24 billion.
UniGroup’s Scott Kluesner describes the efforts made to deliver the best special commodity services during the pandemic.
Big volumes of container traffic are hitting GXO’s facilities, Wilson says.
The new location in Woodbridge, New Jersey, will offer services such as overseas cross docking, overseas container plugs, port drayage, LTL/FTL transportation and same-day orders.
Despite beating the Wall Street consensus, Expeditors’ stock declined.
Amid global shipping congestion, GEODIS urges importers not to overlook their customs responsibilities.
Echo Global Logistics’ Mike Mobley and Jamie Petrzelka detail the benefits of leveraging the company’s experts to manage transportation networks.
UniGroup Logistics ’s project management services provide end-to-end solutions for domestic and international supply chain needs.
CEO Jassy says Amazon faces billions of dollars in additional costs during the fourth quarter.
“The end goal for our customers is to reduce waste and deliver potent medicine and safe food. We help them do it with data.”
Company shoots out the lights in the third quarter with soaring profits and EPS.
UPS boosts its 2021 operating margin guidance to 13%.
The end of the supply chain as we know it? Not even close, an economist believes.
The huge C-suite move puts the supply chain heavyweight in the center of the parcel action right away.
We are excited to build out products that free documents and data from legacy workflows and manual processes.
Lawmakers hear testimony on how smaller shippers are disproportionately hurt by supply chain disruptions.
The event will take place at Prologis headquarters in San Francisco from 11 a.m. to 2:30 p.m. PT, with the option for attendees to attend virtually.
Experts expect demand to continue to outpace supply through at least the first quarter of 2022.
The IT maven segues into an operations-driven role while keeping the CIO job.
The German titan reports solid performances from its Express, Forwarding, Supply Chain and eCommerce units
With an automated system that intuitively manages returns, warehouses that face labor shortages can strategically utilize their employees.
If you thought President Joe Biden would quickly reverse Trump’s controversial trade policy toward China, guess again. U.S. importers aren’t happy.
Marken will add global locations as clinical trials activity ramps up.
“Tires, fuel and labor are your three biggest costs, and with tire prices continuing to go up, fleets have to really figure out ways to maximize their tires and assets,” said IMI’s Bob Bortner.
Craig Fuller explains why supply chains are so messed up!
This year ENERGY Transportation Group is No. 207 of 448, boasting 198% revenue growth over the past three years.
The research firm of Evercore ISI launched coverage of the 3PL sector with an enormous report.
The new owners of Echo have portfolio investments in several other logistics companies.
The Nevada Governor’s Office of Economic Development and OnTrackNorthAmerica have formed the Southwest Supply Chain Coalition as a way to develop a regional approach to supply chain infrastructure investments.
ITF onboards new customers extremely fast, regardless of size or whether the end destination is a consumer or a business.
Walmart is filling positions across more than 250 transportation offices and distribution and fulfillment centers, at an average wage of $20.37 per hour.
Without clarifying objectives, a company cannot, with confidence or a unified vision, understand where it’s going.
Hurricane Ida is about to hit. Emergency relief will not be far behind. Read tips about trucking into a hurricane relief effort.
Also on the podcast: The founder of a logistics startup surveys the pre-holiday supply chain.
Logistics technology solutions have never been in greater demand. But companies need to leverage new-age tools and modern-day attitudes to effectively tell their stories, says the founder of Virago Marketing.
The outlook for the pandemic hurt the company’s review last year, but Moody’s has a more positive view in 2021.
The latest IEA report shows an oil supply/demand imbalance may be on its way to easing.
“Industry veterans are even surprised by what’s going on right now,” said Moore.
The chain that brings us Hardee’s and Carl’s Jr. faced several challenges
FreightWaves Executive Publisher Kevin Hill chats with Hickey & Associates Managing Director David Hickey about the many factors that companies should consider when looking for a cold storage site.
The company’s disaster relief guru explains how its new program could change the way the logistics industry responds to disasters.
The company says it is on track to hit record earnings this year.
Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?
Also on this week’s podcast: A shoutout to fuel surcharges.
“One customer is projecting year-over-year growth of no less than 25% for the remainder of the year,” said Fallon.
Shipping and fulfillment costs continue to escalate at double-digit levels.
The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.
Nearly 80% of the nation’s freight moves through Chattanooga, due to the convergence of three major internates: I-75, I-24 and I-59.
Strong second-quarter results give way to second-half volume growth concerns. An analyst calls the share sell-off “overdone.”
Americans were expected to divert disposable income away from goods as the economy reopened to travel, lodging and entertainment. It isn’t happening, most observers say, and the supply chain implications are profound.
A united transportation platform with 2 companies focused on either side of the carrier/shipper divide is seen as driving $2.25B acquisition of Transplace.;
More than one-quarter of survey respondents expect a 20% annual increase in warehouse demand over the next three years.
“The Transfix team is extremely talented, but there’s a quality to the culture that’s got gumption,” said newly appointed CCO Sophie Dabbs.
Company looks to take the lead in the cloud-based manufacturing and supply chain segment.
The two firms reach equity and operating agreements to expand their presence in the Indian market.
Supply chain bottlenecks are raising red flags for inflation down the road.
“We have to compete in a marketplace where my competitors don’t even have to be profitable.”
GXO Logistics looks to capitalize on favorable macro trends.
Vince Paperiello has been named to run the multibillion-dollar unit. The business had been run as a group effort for two years, a source says.
The acquisition modestly bumps Geodis’ brokerage revenue.
The index’s headline number is the second-highest on record, and there appears to be no end to the tightening cycle that has made life tough for logisticians.
“I think about the fact that if we fulfill this mission, the world is better off and not many opportunities have that.”
What does a chief product officer at a trucking sector company do given that the title is usually seen at software firms?
The vision of the collaboration is “for customers to be able to track their products from door to door and understand exactly what’s happening every step of the way.”
The boom in cold storage construction is partly fueled by consumers shopping for groceries online.
The 32nd version of the venerable report waxes philosophical on why more, not less, logistics spending will be needed.