CEO Oscar Sevilla said in a December 6 letter to clients seen by Bloomberg News that “the macroeconomic factors working against Mercon have persisted for longer than expected."

Combined with AI & AR/VR, AaaS streamlines operations, reduces costs, and increases productivity.

David Salerno, director with 4flow, summarizes the top challenges that supply chains are facing today, and recommends how companies should be equipped to manage the resulting complexities. 

The arrest and seizure of materials took place during a raid in London, the U.K. Serious Fraud Offices said December 6.

Only 14% of Gen Zers would consider industrial work as a career, and 26% said they would only take on industrial work as a short-term career.

Ninety-three percent of the workers in the warehousing/storage industry reported they were paid hourly while an additional 12% said they had to take on another job.

The company laid off 75% of its U.S. staff on December 4, bringing TuSimple’s total global workforce to just 700 full-time employees.

Ships have begun diverting from passage through the Suez Canal, instead sailing around the Cape of Good Hope, clocking up 7,000 extra nautical miles.

The planemaker shipped 64 jets in November, it said December 5, bringing the tally to 623 for the first 11 months of 2023.

The remaining Yellow Corp properties are expected to be sold for hundreds of millions of dollars over the coming months, said a person familiar with the process.