XPO Logistics Inc. has completed the acquisition of New Breed Holding Co., a provider of contract logistics services, at a cash purchase price of $615m.
Global driver-less vehicle shipments will increase from 1.1 million in 2024 to more than 42 million in 2035, with an installed driver-less vehicle base reaching 176 million.
The trends favor a centralized inventory under one roof, but the question whether it is the most effective response to the challenges of multichannel distribution persists.
North American freight volumes bounced back in August from a normal July dip, but did not cause a similar increase in freight spending. Compared to July, spending was down slightly.
Retailers concerned by the lack of a West Coast longshoremen's contract will continue to bring merchandise into the country at above-average levels this month, but volume will drop from the record set in August, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
AirBridgeCargo Airlines will cater to Basel, Switzerland's thriving health care industry with the launch of a Boeing 747 freighter service on Sept. 19.
Frank McGuigan, president of transportation management with Transplace, details the benefits of a "synchronized" 3PL-customer relationship, and provides guidance on how shippers can go about selecting the right partner.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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